Global Textile Rubber Hose Market 2023

Textile Rubber Hose Market Size

The global textile rubber hose market soared to $X in 2021, increasing by 34% against the previous year. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Textile Rubber Hose Production

In value terms, textile rubber hose production surged to $X in 2021 estimated in export price. Overall, production showed strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 54%. As a result, production reached the peak level of $X. From 2020 to 2021, global production growth remained at a lower figure.

Textile Rubber Hose Exports

Exports

In 2021, shipments abroad of rubber hose reinforced with textiles was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports showed a relatively flat trend pattern. The global exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, textile rubber hose exports soared to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the global exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, China (X tons) and the United States (X tons) represented the largest exporters of rubber hose reinforced with textilesaround the world, together creating 27% of total exports. It was distantly followed by Turkey (X tons), Mexico (X tons), Germany (X tons), Malaysia (X tons), the Czech Republic (X tons) and Thailand (X tons), together constituting a 38% share of total exports. Japan (X tons), Russia (X tons), Italy (X tons), India (X tons) and Spain (X tons) held a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +11.0%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest textile rubber hose supplying countries worldwide were Germany ($X), the United States ($X) and Japan ($X), together comprising 36% of global exports. These countries were followed by China, Mexico, Turkey, Thailand, the Czech Republic, Italy, India, Malaysia, Spain and Russia, which together accounted for a further 41%.

India, with a CAGR of +15.8%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average textile rubber hose export price stood at $X per ton in 2021, remaining constant against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 11%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the other global leaders experienced more modest paces of growth.

Textile Rubber Hose Imports

Imports

In 2021, after two years of decline, there was significant growth in overseas purchases of rubber hose reinforced with textiles, when their volume increased by 15% to X tons. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, global imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, textile rubber hose imports skyrocketed to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, global imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons), distantly followed by Mexico (X tons) and Germany (X tons) represented the major importers of rubber hose reinforced with textiles, together achieving 41% of total imports. Russia (X tons), China (X tons), Italy (X tons), the Netherlands (X tons), Canada (X tons), the Czech Republic (X tons), Japan (X tons), Spain (X tons), Brazil (X tons) and France (X tons) held a minor share of total imports.

The United States was also the fastest-growing in terms of the rubber hose reinforced with textiles imports, with a CAGR of +6.3% from 2012 to 2021. At the same time, the Netherlands (+4.5%), Italy (+3.5%), China (+2.2%) and Brazil (+1.7%) displayed positive paces of growth. The Czech Republic and France experienced a relatively flat trend pattern. By contrast, Russia (-1.7%), Mexico (-2.1%), Japan (-2.2%), Spain (-2.3%), Germany (-2.4%) and Canada (-3.4%) illustrated a downward trend over the same period. While the share of the United States (+10 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Mexico (-1.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported rubber hose reinforced with textiles worldwide, comprising 18% of global imports. The second position in the ranking was taken by Mexico ($X), with an 8.1% share of global imports. It was followed by Germany, with a 7.2% share.

In the United States, textile rubber hose imports expanded at an average annual rate of +4.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mexico (+1.6% per year) and Germany (-4.6% per year).

Import Prices by Country

The average textile rubber hose import price stood at $X per ton in 2021, increasing by 4.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 5.5%. Global import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+4.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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