Latest Report Update: Aug 13, 2021

U.S. Rubber And Plastic Hoses And Belting Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Hose And Belt Market Overview 2021

Hose And Belt Market Size in the U.S.

In 2020, the U.S. hose and belt market decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a perceptible slump. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Hose and belt consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Hose And Belt Production in the U.S.

In value terms, hose and belt production rose slightly to $X in 2020. Overall, production, however, posted a modest increase. The growth pace was the most rapid in 2017 when the production volume increased by X% year-to-year. Hose and belt production peaked in 2020 and is likely to see steady growth in the near future.

Hose And Belt Exports

Exports from the U.S.

In 2020, exports of rubber and plastic hoses and belting from the U.S. fell to X tonnes, with a decrease of -X% against the previous year's figure. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. from 2017 to 2020, the growth exports remained at a lower figure.

In value terms, hose and belt exports contracted to $X in 2020. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Mexico (X tonnes), Canada (X tonnes) and China (X tonnes) were the main destinations of hose and belt exports from the U.S., together accounting for X% of total exports. Australia, France, the UK, Brazil and Germany lagged somewhat behind, together comprising a further X 2013 to 2020, the biggest increases were in France, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hose and belt exported from the U.S. were Mexico ($X), Canada ($X) and China ($X), together accounting for X% of total exports. These countries were followed by Australia, Brazil, Germany, the UK and France, which together accounted for a further X recorded 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 hose and belt export price stood at $X per tonne in 2020, almost unchanged from the previous year. In general, the export price posted prominent growth. The growth pace was the most rapid in 2017 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2020 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mexico, while the prices for the other major destinations experienced more modest paces of growth.

Hose And Belt Imports

Imports into the U.S.

In 2020, overseas purchases of rubber and plastic hoses and belting decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, hose and belt imports declined markedly to $X in 2020. Overall, imports continue to indicate a precipitous descent. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of hose and belt to the U.S., accounting for a X% share of total imports. Moreover, hose and belt imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), twofold. The third position in this ranking was occupied by Taiwan (Chinese) (X tonnes), with a X% share.

From 2013 to 2020, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and Taiwan (Chinese) (-X% per year).

In value terms, Mexico ($X), China ($X) and Taiwan (Chinese) ($X) constituted the largest hose and belt suppliers to the U.S., with a combined X% share of total imports.

Among the main suppliers, Mexico recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average hose and belt import price stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the import price enjoyed a perceptible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of rubber and plastic hoses and belting to the U.S.?
+
In value terms, the largest hose and belt suppliers to the U.S. were Mexico ($237M), China ($132M) and Taiwan (Chinese) ($37M), with a combined 69% share of total imports.
What are the leading importers of rubber and plastic hoses and belting from the U.S.?
+
In value terms, the largest markets for hose and belt exported from the U.S. were Mexico ($792M), Canada ($615M) and China ($124M), together comprising 61% of total exports. These countries were followed by Australia, Brazil, Germany, the UK and France, which together accounted for a further 11%.
What is the average export price for rubber and plastic hoses and belting in the U.S.?
+
The average hose and belt export price stood at $9,668 per tonne in 2020, almost unchanged from the previous year.
What is the average import price for rubber and plastic hoses and belting in the U.S.?
+
The average hose and belt import price stood at $8,957 per tonne in 2020, rising by 21% against the previous year.

Product coverage:
• NAICS 326220 - Rubber and plastics hoses and belting manufacturing

This report provides an in-depth analysis of the hose and belt market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Companies mentioned:
• The Gates Corporation
• Fiskars Brands
• TTI Floor Care North America
• DTR Industries
• J.G.B. Enterprises
• Beltservice Corporation
• Newage Industries
• Hitachi Cable America
• The Flexaust Company
• Titeflex Corporation
• Kongsberg Actuation Systems II
• Fna Group
• Ammeraal Beltech
• Bando Usa
• Flexible Technologies
• Tramec
• Teknor Apex Tennessee Company
• Tedd Smith
• All-American Holdings
• Contitech Thermopol
• Dayco Products
• Continental Plastics Co.
• U.S. Wire & Cable Corporation
• Tigerflex Corporation
• Plastic Specialties and Technologies
• Forbo Siegling
• Fenner U.S. Holdings
• Eaton-Aeroquip
• Aeroquip-Vickers
• HBD Industries
• All-American Hose

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013–2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2020
Figure 5:
Trade Balance, In Physical Terms, 2013–2020
Figure 6:
Trade Balance, In Value Terms, 2013–2020
Figure 7:
Per Capita Consumption, 2013–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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