U.S.: Textile Rubber Hose Market 2024

Textile Rubber Hose Market Size in the U.S.

The U.S. textile rubber hose market stood at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption enjoyed a significant expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Textile Rubber Hose Production in the U.S.

In value terms, textile rubber hose production totaled $X in 2022. Overall, production continues to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

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Textile Rubber Hose Exports

Exports from the U.S.

In 2022, shipments abroad of rubber hose reinforced with textiles increased by X% to X tons, rising for the second consecutive year after six years of decline. Overall, exports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, textile rubber hose exports rose markedly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X tons), Canada (X tons) and Brazil (X tons) were the main destinations of textile rubber hose exports from the United States, together comprising X% of total exports. Australia, China, Germany and Singapore lagged somewhat behind, together accounting for a further X%.

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

In value terms, Mexico ($X), Canada ($X) and Australia ($X) appeared to be the largest markets for textile rubber hose exported from the United States worldwide, with a combined X% share of total exports. Brazil, China, Singapore and Germany lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average textile rubber hose export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, export price indicated a resilient 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 2014 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 gradual growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($X per ton) and Canada ($X per ton), while the average price for exports to Germany ($X per ton) and Brazil ($X per ton) were amongst the lowest.

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

Textile Rubber Hose Imports

Imports into the U.S.

In 2022, approx. X tons of rubber hose reinforced with textiles were imported into the United States; growing by X% compared with the year before. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume 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 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, textile rubber hose imports expanded notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Mexico (X tons) constituted the largest supplier of textile rubber hose to the United States, with a X% share of total imports. Moreover, textile rubber hose imports from Mexico exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. China (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, Mexico ($X) constituted the largest supplier of rubber hose reinforced with textiles to the United States, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

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

Import Prices by Country

In 2022, the average textile rubber hose import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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