Ethiopia - Rubber Hose Reinforced With Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal-Reinforced Rubber Hose Price in Ethiopia - 2021
Contents:
- Metal-Reinforced Rubber Hose Price in Ethiopia (CIF) - 2022
- Metal-Reinforced Rubber Hose Price in Ethiopia (FOB) - 2022
- Metal-Reinforced Rubber Hose Imports in Ethiopia
- Metal-Reinforced Rubber Hose Exports in Ethiopia
Metal-Reinforced Rubber Hose Price in Ethiopia (CIF) - 2022
The average metal-reinforced rubber hose import price stood at $4,828 per ton in 2022, with an increase of 18% against the previous year. In general, the import price, however, recorded a deep contraction. The growth pace was the most rapid in 2021 when the average import price increased by 18%. The import price peaked at $8,134 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($15,449 per ton), while the price for South Korea ($1,024 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal-Reinforced Rubber Hose Price in Ethiopia (FOB) - 2022
The average metal-reinforced rubber hose export price stood at $6,294 per ton in 2022, which is down by -3.3% against the previous year. In general, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 84%. The export price peaked at $18,797 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -3.2% per year.
Metal-Reinforced Rubber Hose Imports in Ethiopia
In 2022, purchases abroad of rubber hose reinforced with metal decreased by -11.7% to 50 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a slight decline. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. As a result, imports reached the peak of 73 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, metal-reinforced rubber hose imports expanded slightly to $242K in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, imports attained the peak of $252K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Metal-Reinforced Rubber Hose in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 22.5 | 25.9 | 34.8 | 72.0 | 47.4% |
| Japan | 19.0 | 39.6 | 47.6 | 44.7 | 33.0% |
| South Africa | 9.4 | 12.4 | 13.5 | 17.9 | 23.9% |
| Spain | 10.7 | 14.2 | 15.6 | 17.5 | 17.8% |
| China | 42.1 | 71.1 | 49.8 | 16.1 | -27.4% |
| Turkey | 38.5 | 18.3 | 16.1 | 15.1 | -26.8% |
| Canada | 1.9 | 4.8 | 4.4 | 4.1 | 29.2% |
| Poland | 1.3 | 5.2 | 3.9 | 3.6 | 40.4% |
| Saudi Arabia | 2.7 | 3.2 | 3.1 | 3.2 | 5.8% |
| United Arab Emirates | 2.0 | 2.7 | 2.9 | 2.7 | 10.5% |
| Malaysia | 1.7 | 2.4 | 2.2 | 2.1 | 7.3% |
| India | 8.9 | 9.4 | 7.4 | 1.8 | -41.3% |
| South Korea | 4.3 | 0.6 | 0.2 | 1.6 | -28.1% |
| Others | 51.1 | 42.2 | 31.3 | 39.9 | -7.9% |
| Total | 216 | 252 | 233 | 242 | 3.9% |
Top Suppliers of Metal-Reinforced Rubber Hose to Ethiopia in 2022:
- Japan (9.8 tons)
- Italy (8.5 tons)
- Turkey (7.3 tons)
- China (6.6 tons)
- Spain (3.0 tons)
- Canada (2.2 tons)
- Saudi Arabia (1.9 tons)
- United Arab Emirates (1.9 tons)
- Malaysia (1.9 tons)
- South Korea (1.6 tons)
- South Africa (1.3 tons)
- Poland (0.9 tons)
- India (0.2 tons)
Metal-Reinforced Rubber Hose Exports in Ethiopia
In 2022, shipments abroad of rubber hose reinforced with metal increased by 65% to 660 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a dramatic contraction.
In value terms, metal-reinforced rubber hose exports surged to $4.2K in 2022. Over the period under review, exports, however, saw a precipitous decrease.
| Export of Metal-Reinforced Rubber Hose in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 17.8 | 3.7 | 1.8 | 4.2 | -38.2% |
| Iraq | N/A | 1.8 | N/A | N/A | 0% |
| Others | N/A | 0.2 | 0.8 | N/A | 300.0% |
| Total | 17.8 | 5.7 | 2.6 | 4.2 | -38.2% |
Top Export Markets for Metal-Reinforced Rubber Hose from Ethiopia in 2022:
- Tanzania (660.0 kg)
This report provides an in-depth analysis of the metal-reinforced rubber hose market in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22193055 - Rubber hose reinforced with metal
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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