Peru: Textile Rubber Hose Market 2024

Textile Rubber Hose Market Size in Peru

In 2022, the Peruvian textile rubber hose market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, the total consumption indicated mild 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 increased by X% against 2019 indices. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.

Textile Rubber Hose Exports

Exports from Peru

Textile rubber hose exports from Peru dropped dramatically to X tons in 2022, with a decrease of X% compared with the year before. Over the period under review, exports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell markedly in the following year.

In value terms, textile rubber hose exports fell markedly to $X in 2022. In general, exports, however, saw resilient growth. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at $X in 2021, and then shrank notably in the following year.

Exports by Country

Bolivia (X tons), Ecuador (X tons) and Guatemala (X tons) were the main destinations of textile rubber hose exports from Peru, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X) remains the key foreign market for rubber hose reinforced with textiles exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Ecuador (X% per year).

Export Prices by Country

In 2022, the average textile rubber hose export price amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated a mild expansion 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, textile rubber hose export price increased by X% against 2018 indices. 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 likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Ecuador ($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 Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Rubber Hose Imports

Imports into Peru

In 2022, after two years of growth, there was significant decline in overseas purchases of rubber hose reinforced with textiles, when their volume decreased by X% to X tons. Overall, imports saw a perceptible decline. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, textile rubber hose imports plummeted to $X in 2022. In general, total imports indicated a notable expansion 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest textile rubber hose supplier to Peru, with a X% share of total imports. Moreover, textile rubber hose imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Brazil (X tons), with an 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: the United States (X% per year) and Brazil (X% per year).

In value terms, the United States ($X), China ($X) and India ($X) appeared to be the largest textile rubber hose suppliers to Peru, together accounting for X% of total imports.

Among the main suppliers, India, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average textile rubber hose import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price continues to indicate a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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