Australia and Oceania: Textile Rubber Hose Market 2024

Textile Rubber Hose Market Size in Australia and Oceania

In 2021, after three years of decline, there was significant growth in the textile rubber hose market in Australia and Oceania, when its value increased by 8.3% to $X. Overall, consumption recorded a deep downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Textile Rubber Hose Production in Australia and Oceania

In value terms, textile rubber hose production contracted modestly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 29%. Over the period under review, production attained the maximum level at $X in 2020, and then contracted slightly in the following year.

Textile Rubber Hose Exports

Exports in Australia and Oceania

In 2021, the amount of rubber hose reinforced with textiles exported in Australia and Oceania reduced to X tons, declining by -5.9% on 2020. Over the period under review, exports faced a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 30% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, textile rubber hose exports shrank to $X in 2021. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 26% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Australia dominates exports structure, resulting at X tons, which was near 97% of total exports in 2021. New Zealand (X tons) took a minor share of total exports.

Exports from Australia decreased at an average annual rate of -16.5% from 2012 to 2021. New Zealand experienced a relatively flat trend pattern. New Zealand (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -2.6% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest textile rubber hose supplier in Australia and Oceania, comprising 97% of total exports. The second position in the ranking was held by New Zealand ($X), with a 3.4% share of total exports.

In Australia, textile rubber hose exports decreased by an average annual rate of -11.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, waning by -6.1% against the previous year. Export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, textile rubber hose export price decreased by -19.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by 37% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+6.3%).

Textile Rubber Hose Imports

Imports in Australia and Oceania

For the fourth consecutive year, Australia and Oceania recorded decline in purchases abroad of rubber hose reinforced with textiles, which decreased by -5.4% to X tons in 2021. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 19%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, textile rubber hose imports skyrocketed to $X in 2021. Over the period under review, imports showed a pronounced slump. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Australia was the key importer of rubber hose reinforced with textiles in Australia and Oceania, with the volume of imports amounting to X tons, which was near 85% of total imports in 2021. It was distantly followed by New Zealand (X tons), committing a 15% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to textile rubber hose imports into Australia stood at -20.7%. New Zealand (-2.5%) illustrated a downward trend over the same period. While the share of New Zealand (+12 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-12.7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported rubber hose reinforced with textiles in Australia and Oceania, comprising 87% of total imports. The second position in the ranking was held by New Zealand ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to -3.2%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, jumping by 23% against the previous year. Overall, the import price posted a significant increase. The pace of growth was the most pronounced in 2018 when the import price increased by 172%. Over the period under review, import prices reached the peak figure in 2021 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+22.1%).

Source: IndexBox Platform

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