Belarus: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size in Belarus

The Belarusian metal-reinforced rubber hose market contracted markedly to $X in 2022, reducing by -18% against the previous year. Overall, consumption saw a relatively flat trend pattern. Metal-reinforced rubber hose consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Metal-Reinforced Rubber Hose Production in Belarus

In value terms, metal-reinforced rubber hose production contracted modestly to $X in 2022 estimated in export price. In general, production, however, enjoyed significant growth. The pace of growth was the most pronounced in 2015 with an increase of 264%. Metal-reinforced rubber hose production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Metal-Reinforced Rubber Hose Exports

Exports from Belarus

In 2022, the amount of rubber hose reinforced with metal exported from Belarus soared to X tons, rising by 20% against the previous year. In general, exports showed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 1,966%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, metal-reinforced rubber hose exports soared to $X in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 3,006%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Poland (X tons) was the main destination for metal-reinforced rubber hose exports from Belarus, accounting for a 63% share of total exports. Moreover, metal-reinforced rubber hose exports to Poland exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. The third position in this ranking was held by Russia (X tons), with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume to Poland stood at +173.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+21.1% per year) and Russia (+11.2% per year).

In value terms, Poland ($X) remains the key foreign market for rubber hose reinforced with metal exports from Belarus, comprising 70% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 23% share of total exports. It was followed by Russia, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled +163.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+26.7% per year) and Russia (-3.8% per year).

Export Prices by Country

In 2022, the average metal-reinforced rubber hose export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2015 an increase of 50%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+33.7%), while the prices for the other major destinations experienced mixed trend patterns.

Metal-Reinforced Rubber Hose Imports

Imports into Belarus

In 2022, metal-reinforced rubber hose imports into Belarus expanded markedly to X tons, picking up by 5.7% compared with the previous year. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; afterwards, it flattened through to 2022.

In value terms, metal-reinforced rubber hose imports soared to $X in 2022. Overall, imports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Russia (X tons) and the Czech Republic (X tons) were the main suppliers of metal-reinforced rubber hose imports to Belarus, together comprising 70% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +30.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest metal-reinforced rubber hose suppliers to Belarus were Russia ($X), China ($X) and the Czech Republic ($X), together comprising 58% of total imports. Italy, Poland, Thailand, Austria and Turkey lagged somewhat behind, together accounting for a further 38%.

Thailand, with a CAGR of +24.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average metal-reinforced rubber hose import price stood at $X per ton in 2022, surging by 11% against the previous year. Overall, the import price, however, saw a mild shrinkage. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :