South-Eastern Asia: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in South-Eastern Asia

In 2022, the Southeast Asian non-reinforced rubber tubing market increased by X% to $X, rising for the seventh year in a row after three years of decline. The total consumption indicated a pronounced 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, consumption increased by X% against 2015 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Non-Reinforced Rubber Tubing Production in South-Eastern Asia

In value terms, non-reinforced rubber tubing production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2021, and then reduced modestly in the following year.

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Non-Reinforced Rubber Tubing Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of rubber tubing not reinforced were exported in South-Eastern Asia; growing by X% compared with 2021 figures. In general, exports, however, showed a slight curtailment. The growth pace was the most rapid in 2014 with an increase of X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, non-reinforced rubber tubing exports shrank to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons) and Malaysia (X tons) prevails in exports structure, together making up X% of total exports. It was distantly followed by Vietnam (X tons), constituting a X% share of total exports. The following exporters - Singapore (X tons) and Indonesia (X tons) - each resulted at a X% share of total exports.

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

In value terms, Thailand ($X) remains the largest non-reinforced rubber tubing supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Vietnam, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Thailand was relatively modest. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then reduced notably in the following year.

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

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

Non-Reinforced Rubber Tubing Imports

Imports in South-Eastern Asia

Non-reinforced rubber tubing imports dropped slightly to X tons in 2022, almost unchanged from the previous year's figure. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, non-reinforced rubber tubing imports shrank to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Indonesia (X tons), Thailand (X tons), Vietnam (X tons), the Philippines (X tons) and Singapore (X tons) was the main importer of rubber tubing not reinforced in South-Eastern Asia, achieving X% of total import. It was distantly followed by Malaysia (X tons), constituting an X% share of total imports. Cambodia (X tons) held a minor share of total imports.

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

In value terms, the largest non-reinforced rubber tubing importing markets in South-Eastern Asia were Vietnam ($X), Thailand ($X) and Indonesia ($X), together comprising X% of total imports. Singapore, Malaysia, the Philippines and Cambodia lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, waning by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2020; however, from 2021 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 Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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