Metal-reinforced Rubber Hose Market
Metal-reinforced rubber hose market: read new facts and figures provided by an Ai-driven business intelligence platform. Info cover production, market size, market prices, companies, consumption, imports, exports, and trade. There is a split by country, including Latin America, the Middle East, the U.K., Russia, EU, Africa, China, and the U.S. Market trends and forecast to 2030 are also provided in the dashboards.
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Metal-reinforced Rubber Hose - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | India |
3 | United States |
4 | Japan |
5 | Russia |
In value terms, China, India and the United States constituted the countries with the highest levels of market value in 2020, together comprising 45% of the global market. Japan, Russia, Mexico, Germany, Italy, Turkey, South Korea, Canada, France and Brazil lagged somewhat behind, together comprising a further 30%.
Among the main consuming countries, South Korea recorded the highest growth rate of market size, over the period under review, while metal-reinforced rubber hose market for the other global leaders experienced more modest paces of growth.
Metal-Reinforced Rubber Hose Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
China | 4337 | 3220 | 2891 | -18.4% |
Czech Republic | 4518 | 4240 | 4315 | -2.3% |
India | 5351 | 5474 | 4346 | -9.9% |
Turkey | 4715 | 5273 | 4351 | -3.9% |
Malaysia | 4694 | 4577 | 4496 | -2.1% |
Austria | 4916 | 4843 | 4703 | -2.2% |
Mexico | 4898 | 5327 | 5220 | 3.2% |
Thailand | 5196 | 5518 | 5270 | 0.7% |
Japan | 6400 | 6117 | 5770 | -5.0% |
Italy | 5989 | 5869 | 5950 | -0.3% |
Poland | 5432 | 5427 | 5983 | 4.9% |
Germany | 6555 | 6907 | 7697 | 8.4% |
United States | 7091 | 7265 | 9461 | 15.5% |
Average | 5392 | 5097 | 4957 | -4.1% |
Prices varied noticeably by the country of origin; the country with the highest price was the United States ($9,461 per ton), while China ($2,891 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Belgium | 6590 | 6328 | 6234 | -2.7% |
United States | 5829 | 6098 | 5886 | 0.5% |
Czech Republic | 4954 | 4941 | 5398 | 4.4% |
China | 5805 | 5821 | 5397 | -3.6% |
France | 5536 | 5565 | 5371 | -1.5% |
Australia | 5400 | 5421 | 5305 | -0.9% |
Canada | 5206 | 5289 | 5233 | 0.3% |
United Kingdom | 5408 | 5509 | 4974 | -4.1% |
Germany | 4954 | 4800 | 4768 | -1.9% |
Poland | 4239 | 4543 | 4473 | 2.7% |
Italy | 4342 | 4325 | 4219 | -1.4% |
Russia | 4100 | 3810 | 3740 | -4.5% |
Brazil | 3955 | 3709 | 3647 | -4.0% |
Average | 5120 | 5059 | 5030 | -0.9% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Belgium ($6,234 per ton), while Brazil ($3,647 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other global leaders experienced more modest paces of growth.
Metal-Reinforced Rubber Hose - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
United States | 0.3 | 0.3 | 0.2 | -14.9% |
Germany | 0.3 | 0.2 | 0.2 | -25.6% |
China | 0.09 | 0.08 | 0.08 | -6.6% |
Canada | 0.1 | 0.09 | 0.08 | -11.9% |
Italy | 0.08 | 0.07 | 0.06 | -15.0% |
In value terms, the largest metal-reinforced rubber hose importing markets worldwide were the United States ($185M), Germany ($157M) and China ($82M), together accounting for 30% of global imports. Canada, Italy, Brazil, Australia, Russia, Poland, France, the Czech Republic, the UK and Belgium lagged somewhat behind, together accounting for a further 35%.
Poland saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Metal-Reinforced Rubber Hose - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 0.3 | 0.3 | 0.2 | -11.6% |
Italy | 0.3 | 0.2 | 0.2 | -13.1% |
United States | 0.2 | 0.2 | 0.1 | -12.5% |
Poland | 0.06 | 0.07 | 0.1 | 36.1% |
Turkey | 0.2 | 0.2 | 0.1 | -17.6% |
In value terms, the largest metal-reinforced rubber hose supplying countries worldwide were China ($216M), Italy ($201M) and the United States ($140M), together comprising 40% of global exports. These countries were followed by Poland, Turkey, the Czech Republic, Germany, Thailand, Malaysia, India, Mexico, Japan and Austria, which together accounted for a further 45%.
Poland saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.
Metal-Reinforced Rubber Hose - Market Forecast
Driven by rising demand for metal-reinforced rubber hose worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Metal-reinforced Rubber Hose - Product Coverage
- HS 400921 - Rubber; vulcanised (other than hard rubber), tubing, piping and hoses, reinforced or otherwise combined only with metal, without fittings
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