Global Non-Reinforced Rubber Tubing Market 2023

Non-Reinforced Rubber Tubing Market Size

In 2021, the global non-reinforced rubber tubing market increased by 1.8% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the global market reached the maximum level in 2021 and is likely to see steady growth in the immediate term.

Non-Reinforced Rubber Tubing Production

In value terms, non-reinforced rubber tubing production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 16% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, global production growth remained at a lower figure.

Non-Reinforced Rubber Tubing Exports

Exports

In 2021, after two years of decline, there was significant growth in overseas shipments of rubber tubing not reinforced, when their volume increased by 10% to X tons. The total export volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the global exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-reinforced rubber tubing exports rose significantly to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the global exports attained the peak figure at $X in 2018; afterwards, it flattened through to 2021.

Exports by Country

In 2021, China (X tons), distantly followed by the United States (X tons), Germany (X tons), Poland (X tons) and Thailand (X tons) were the main exporters of rubber tubing not reinforced, together making up 61% of total exports. Italy (X tons), Malaysia (X tons), Mexico (X tons), Japan (X tons), Turkey (X tons), Russia (X tons) and India (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Mexico (with a CAGR of +15.4%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest non-reinforced rubber tubing supplying countries worldwide were China ($X), Germany ($X) and the United States ($X), together accounting for 41% of global exports. These countries were followed by Japan, Thailand, Poland, Mexico, Italy, Turkey, Malaysia, India and Russia, which together accounted for a further 37%.

Mexico, with a CAGR of +18.9%, saw the highest growth rate of 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 non-reinforced rubber tubing export price stood at $X per ton in 2021, growing by 3.5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 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 Japan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+8.6%), while the other global leaders experienced more modest paces of growth.

Non-Reinforced Rubber Tubing Imports

Imports

In 2021, overseas purchases of rubber tubing not reinforced increased by 15% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports showed a relatively flat trend pattern. Global imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, non-reinforced rubber tubing imports soared to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, global imports hit record highs at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

In 2021, the United States (X tons) and Mexico (X tons) represented the main importers of rubber tubing not reinforcedacross the globe, together making up 18% of total imports. It was followed by Germany (X tons), committing a 5.5% share of total imports. France (X tons), Poland (X tons), Spain (X tons), Bulgaria (X tons), China (X tons), Japan (X tons), Italy (X tons), the UK (X tons), Vietnam (X tons) and Hong Kong SAR (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bulgaria (with a CAGR of +14.1%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Mexico ($X) and China ($X) were the countries with the highest levels of imports in 2021, with a combined 27% share of global imports. These countries were followed by Germany, France, Poland, the UK, Japan, Italy, Spain, Bulgaria, Vietnam and Hong Kong SAR, which together accounted for a further 30%.

Bulgaria, with a CAGR of +16.7%, recorded the highest growth rate of 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

The average non-reinforced rubber tubing import price stood at $X per ton in 2021, surging by 4.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 6.3%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average 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 China ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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