Bahrain: Textile Rubber Hose Market 2024

Textile Rubber Hose Market Size in Bahrain

In 2023, after two years of growth, there was decline in the Bahraini textile rubber hose market, when its value decreased by X% to $X. In general, the total consumption indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Textile Rubber Hose Production in Bahrain

In value terms, textile rubber hose production contracted to $X in 2023 estimated in export price. Overall, production showed buoyant growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Textile rubber hose production peaked at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Textile Rubber Hose Exports

Exports from Bahrain

In 2023, shipments abroad of rubber hose reinforced with textiles was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, faced a significant decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a lower figure.

In value terms, textile rubber hose exports soared to $X in 2023. In general, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Ethiopia (X tons), the United Arab Emirates (X kg) and Saudi Arabia (X kg) were the main destinations of textile rubber hose exports from Bahrain, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X), Ethiopia ($X) and Saudi Arabia ($X) constituted the largest markets for textile rubber hose exported from Bahrain worldwide, together comprising X% of total exports.

The United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average textile rubber hose export price stood at $X per ton in 2023, shrinking by X% against the previous year. Overall, the export price, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Rubber Hose Imports

Imports into Bahrain

In 2023, the amount of rubber hose reinforced with textiles imported into Bahrain stood at X tons, remaining stable against the previous year's figure. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Imports peaked in 2023 and are expected to retain growth in the immediate term.

In value terms, textile rubber hose imports shrank to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then fell in the following year.

Imports by Country

China (X tons), India (X tons) and the United States (X tons) were the main suppliers of textile rubber hose imports to Bahrain, together accounting for X% of total imports. Malaysia, Italy, Germany, Japan, Mexico, Turkey and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), India ($X) and China ($X) constituted the largest textile rubber hose suppliers to Bahrain, together comprising X% of total imports. Germany, the United States, Mexico, Italy, Malaysia, Turkey and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Mexico, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average textile rubber hose import price stood at $X per ton in 2023, shrinking by X% 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 2014 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform