Republic of Korea - Rubber Hose Reinforced With Textiles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 25, 2024

Republic of Korea - Rubber Hose Reinforced With Textiles - Market Analysis, Forecast, Size, Trends And Insights

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Textile Rubber Hose Price in South Korea - 2022

Contents:

  1. Textile Rubber Hose Price in South Korea (FOB) - 2022
  2. Textile Rubber Hose Price in South Korea (CIF) - 2022
  3. Textile Rubber Hose Exports in South Korea
  4. Textile Rubber Hose Imports in South Korea

Textile Rubber Hose Price in South Korea (FOB) - 2022

In December 2022, the average textile rubber hose export price amounted to $12,401 per ton, growing by 3.1% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 15% against the previous month. Over the period under review, the average export prices reached the maximum at $13,002 per ton in March 2022; however, from April 2022 to December 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was Uzbekistan ($16,203 per ton), while the average price for exports to the Czech Republic ($9,356 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Rubber Hose Price in South Korea (CIF) - 2022

In 2022, the average textile rubber hose import price amounted to $8,163 per ton, almost unchanged from the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 14%. The import price peaked at $8,284 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($25,950 per ton), while the price for Thailand ($3,541 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Textile Rubber Hose Exports in South Korea

Textile rubber hose exports from South Korea dropped modestly to 2.8K tons in 2022, which is down by -3.7% on the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 8.5%. As a result, the exports reached the peak of 2.9K tons, and then fell modestly in the following year.

In value terms, textile rubber hose exports fell to $34M in 2022. In general, exports continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 9.3%. As a result, the exports reached the peak of $36M, and then contracted slightly in the following year.

Export of Textile Rubber Hose in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.111.811.910.6-4.3%
United States7.48.68.77.71.3%
Mexico4.82.72.42.9-15.5%
Japan1.71.83.02.716.7%
Uzbekistan0.30.32.11.985.0%
Czech Republic1.92.31.61.7-3.6%
India2.91.61.21.7-16.3%
Brazil1.00.61.00.9-3.5%
Russia1.00.90.60.7-11.2%
Vietnam0.50.50.50.4-7.2%
United Arab Emirates0.40.10.30.3-9.1%
Others2.01.72.62.811.9%
Total35.932.936.034.4-1.4%

Top Export Markets for Textile Rubber Hose from South Korea in 2022:

  1. China (985.4 tons)
  2. United States (500.8 tons)
  3. Mexico (206.8 tons)
  4. Japan (202.1 tons)
  5. Czech Republic (167.4 tons)
  6. Uzbekistan (128.3 tons)
  7. Vietnam (102.2 tons)
  8. India (100.3 tons)
  9. Russia (78.7 tons)
  10. Brazil (71.3 tons)
  11. United Arab Emirates (42.7 tons)

Textile Rubber Hose Imports in South Korea

Textile rubber hose imports into South Korea reduced to 1.5K tons in 2022, approximately equating 2021. Overall, imports continue to indicate a abrupt slump.

In value terms, textile rubber hose imports fell slightly to $12M in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.4% against the previous year. As a result, imports attained the peak of $13M, and then contracted modestly in the following year.

Import of Textile Rubber Hose in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.32.52.72.5-8.8%
United States1.51.41.61.50.0%
Malaysia1.61.61.71.5-2.1%
Thailand1.61.31.11.2-9.1%
Germany1.10.90.90.9-6.5%
Mexico0.20.40.70.751.8%
Japan0.80.60.30.5-14.5%
India0.20.20.30.20.0%
Others2.33.23.33.413.9%
Total12.612.112.712.4-0.5%

Top Suppliers of Textile Rubber Hose to South Korea in 2022:

  1. Malaysia (424.9 tons)
  2. Thailand (343.2 tons)
  3. China (307.9 tons)
  4. United States (160.1 tons)
  5. Japan (40.1 tons)
  6. Mexico (36.1 tons)
  7. India (34.3 tons)
  8. Germany (33.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the textile rubber hose market in Republic of Korea. 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 22193057 - Rubber hose reinforced with textiles

Country coverage:

  • South Korea

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Republic of Korea
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Rubber Hose Reinforced With Textiles - South Korea