Textile Tubing Market

The global market for textile hosepiping and tubing is expected to continue on an upward trend over the next eight years, with a forecasted growth in both volume and value. Key highlights include the increase in consumption in 2022 after three years of decline, with notable fluctuations in trends. China, the United States, and India are the top three consuming countries, while China dominates textile tubing production. The United States leads in imports and exports in terms of value, followed by countries like Japan, India, and Canada. Price trends show some fluctuations, with different countries showcasing varying price levels. Overall, the market is set to see steady growth with some countries experiencing more rapid expansion in market size and value.

Market Forecast

Driven by increasing demand for textile hosepiping and similar textile tubing worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.3% for the period from 2022 to 2030, which is projected to bring the market volume to 461K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.6% for the period from 2022 to 2030, which is projected to bring the market value to $4.2B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Textile Hosepiping And Similar Textile Tubing

After three years of decline, consumption of textile hosepiping and similar textile tubing increased by 1.3% to 356K tons in 2022. In general, the total consumption indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.8% against 2018 indices. Over the period under review, global consumption hit record highs at 378K tons in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

The global textile tubing market revenue totaled $2.9B in 2022, growing by 4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $3.1B. From 2019 to 2022, the growth of the global market remained at a lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (59K tons), the United States (30K tons) and India (24K tons), with a combined 32% share of global consumption. Russia, Indonesia, Pakistan, Brazil, Nigeria, Japan, Mexico, the UK, Bangladesh and Turkey lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +12.3%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest textile tubing markets worldwide were the United States ($262M), Japan ($243M) and China ($218M), together accounting for 25% of the global market. Indonesia, India, Brazil, Mexico, Pakistan, Russia, Nigeria, Bangladesh, the UK and Turkey lagged somewhat behind, together accounting for a further 29%.

Among the main consuming countries, Nigeria, with a CAGR of +12.4%, recorded the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of textile tubing per capita consumption in 2022 were the UK (107 kg per 1000 persons), Russia (92 kg per 1000 persons) and the United States (89 kg per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Nigeria (with a CAGR of +9.6%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Textile Hosepiping And Similar Textile Tubing

In 2022, production of textile hosepiping and similar textile tubing was finally on the rise to reach 368K tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, the total production indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.2% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 30% against the previous year. Over the period under review, global production attained the peak volume at 393K tons in 2018; however, from 2019 to 2022, production remained at a lower figure.

In value terms, textile tubing production expanded modestly to $2.8B in 2022 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -12.4% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 27%. As a result, production attained the peak level of $3.2B. From 2019 to 2022, global production growth remained at a lower figure.

Production By Country

The country with the largest volume of textile tubing production was China (97K tons), comprising approx. 26% of total volume. Moreover, textile tubing production in China exceeded the figures recorded by the second-largest producer, the United States (28K tons), threefold. India (22K tons) ranked third in terms of total production with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China stood at +4.1%. In the other countries, the average annual rates were as follows: the United States (+0.9% per year) and India (+7.3% per year).

Imports

World Imports of Textile Hosepiping And Similar Textile Tubing

In 2022, overseas purchases of textile hosepiping and similar textile tubing decreased by -1.9% to 51K tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 16%. Over the period under review, global imports reached the peak figure at 52K tons in 2021, and then shrank modestly in the following year.

In value terms, textile tubing imports totaled $353M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Global imports peaked at $357M in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports By Country

In 2022, the United States (5.1K tons), followed by India (3.1K tons) and the Netherlands (2.3K tons) represented the largest importers of textile hosepiping and similar textile tubing, together constituting 21% of total imports. Russia (2.3K tons), Germany (2K tons), Poland (2K tons), Italy (1.9K tons), the United Arab Emirates (1.5K tons), the Philippines (1.5K tons), Japan (1.4K tons), Brazil (1.3K tons), Taiwan (Chinese) (1.2K tons) and Denmark (1.1K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +21.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($55M) constitutes the largest market for imported textile hosepiping and similar textile tubing worldwide, comprising 16% of global imports. The second position in the ranking was held by Japan ($15M), with a 4.3% share of global imports. It was followed by Germany, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +3.7%. In the other countries, the average annual rates were as follows: Japan (+3.3% per year) and Germany (+9.7% per year).

Import Prices By Country

In 2022, the average textile tubing import price amounted to $6,948 per ton, picking up by 5.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 7.5% against the previous year. Global import price peaked at $8,136 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($10,873 per ton), while India ($2,273 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.4%), while the other global leaders experienced mixed trends in the import price figures.

Exports

World Exports of Textile Hosepiping And Similar Textile Tubing

In 2022, approx. 63K tons of textile hosepiping and similar textile tubing were exported worldwide; remaining relatively unchanged against 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 15%. Over the period under review, the global exports attained the peak figure at 69K tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, textile tubing exports totaled $390M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 14% against the previous year. Over the period under review, the global exports attained the peak figure at $483M in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports By Country

China dominates exports structure, finishing at 38K tons, which was near 60% of total exports in 2022. The United States (3.4K tons) took the second position in the ranking, followed by France (2.9K tons). All these countries together took near 10% share of total exports. The following exporters - Germany (2.8K tons), the Netherlands (2.7K tons), Canada (1.7K tons), India (1.4K tons), Spain (1.4K tons), Poland (1.3K tons) and Norway (1.3K tons) - together made up 20% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of textile hosepiping and similar textile tubing. At the same time, the Netherlands (+32.6%), Poland (+30.9%), India (+11.5%), Norway (+4.9%) and Canada (+1.9%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +32.6% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Germany (-1.1%), the United States (-3.5%) and Spain (-5.9%) illustrated a downward trend over the same period. The Netherlands (+4.1 p.p.) and Poland (+2 p.p.) significantly strengthened its position in terms of the global exports, while Spain, the United States and China saw its share reduced by -1.8%, -2.2% and -2.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($148M) remains the largest textile tubing supplier worldwide, comprising 38% of global exports. The second position in the ranking was held by Germany ($40M), with a 10% share of global exports. It was followed by Canada, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +2.6%. In the other countries, the average annual rates were as follows: Germany (-2.2% per year) and Canada (+3.2% per year).

Export Prices By Country

The average textile tubing export price stood at $6,184 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 18%. Over the period under review, the average export prices attained the peak figure at $7,393 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($17,167 per ton), while India ($2,691 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform