Global Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size

In 2022, the global metal-reinforced rubber hose market decreased by X% to $X, falling for the second year in a row after five years of growth. Overall, consumption, however, enjoyed a strong expansion. Global consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Metal-Reinforced Rubber Hose Production

In value terms, metal-reinforced rubber hose production dropped to $X in 2022 estimated in export price. In general, production, however, saw resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Metal-Reinforced Rubber Hose Exports

Exports

In 2022, shipments abroad of rubber hose reinforced with metal increased by X% to X tons, rising for the second consecutive year after two years of decline. The total export volume 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, metal-reinforced rubber hose exports expanded sharply to $X in 2022. The total export 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 throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

China was the main exporting country with an export of around X tons, which resulted at X% of total exports. Italy (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (X%), the United States (X%), Poland (X%), the Czech Republic (X%) and Malaysia (X%). The following exporters - India (X tons), Thailand (X tons), Germany (X tons), Mexico (X tons) and Singapore (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal-reinforced rubber hose exports from China stood at X%. At the same time, Poland (X%), Mexico (X%), Malaysia (X%), the Czech Republic (X%), India (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The United States, Italy, Turkey and Singapore experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Poland and the Czech Republic increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of global exports. Poland, Turkey, the Czech Republic, Germany, Malaysia, Thailand, India, Mexico and Singapore lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Poland, 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 global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metal-reinforced rubber hose export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X%. The global export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while China ($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 other global leaders experienced more modest paces of growth.

Metal-Reinforced Rubber Hose Imports

Imports

In 2022, supplies from abroad of rubber hose reinforced with metal increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, total imports indicated moderate 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 pace of growth appeared the most rapid in 2021 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, metal-reinforced rubber hose imports expanded significantly to $X in 2022. In general, total imports indicated a measured 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, global imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X tons) and Germany (X tons) represented the main importers of rubber hose reinforced with metal in 2022, amounting to near X% and X% of total imports, respectively. Canada (X tons) took the next position in the ranking, followed by Brazil (X tons) and Italy (X tons). All these countries together took approx. X% share of total imports. Poland (X tons), Russia (X tons), Australia (X tons), the UK (X tons), China (X tons), the Czech Republic (X tons), France (X tons) and the United Arab Emirates (X tons) took a little share of total imports.

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

In value terms, the United States ($X), Germany ($X) and Canada ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of global imports. Italy, Brazil, Australia, Poland, the UK, China, France, Russia, the Czech Republic and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal-reinforced rubber hose import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per ton), while Russia ($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 UK (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform