India: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in India

In 2022, the Indian non-reinforced rubber tubing market decreased by X% to $X, falling for the second consecutive year after five years of growth. In general, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. Non-reinforced rubber tubing consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Non-Reinforced Rubber Tubing Production in India

In value terms, non-reinforced rubber tubing production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Non-reinforced rubber tubing production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Reinforced Rubber Tubing Exports

Exports from India

In 2022, non-reinforced rubber tubing exports from India shrank slightly to X tons, waning by X% compared with 2021. In general, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, non-reinforced rubber tubing exports skyrocketed to $X in 2022. Overall, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons), Germany (X tons) and Nepal (X tons) were the main destinations of non-reinforced rubber tubing exports from India, together accounting for X% of total exports. Qatar, Bangladesh, Russia, Ireland, the United Arab Emirates, Nigeria, Indonesia, South Korea, South Africa and Sri Lanka lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-reinforced rubber tubing exported from India were the United States ($X), Germany ($X) and Russia ($X), with a combined X% share of total exports. Bangladesh, Ireland, Qatar, the United Arab Emirates, Nepal, South Korea, Indonesia, Nigeria, South Africa and Sri Lanka lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Ireland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-reinforced rubber tubing export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Reinforced Rubber Tubing Imports

Imports into India

In 2022, supplies from abroad of rubber tubing not reinforced decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-reinforced rubber tubing imports fell slightly to $X in 2022. Overall, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest non-reinforced rubber tubing supplier to India, accounting for a X% share of total imports. Moreover, non-reinforced rubber tubing imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. The third position in this ranking was held by Thailand (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Thailand (X% per year).

In value terms, China ($X), South Korea ($X) and Japan ($X) appeared to be the largest non-reinforced rubber tubing suppliers to India, with a combined X% share of total imports.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average non-reinforced rubber tubing import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-reinforced rubber tubing import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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