Benelux: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size in Benelux

In 2022, the Benelux metal-reinforced rubber hose market decreased by -18.5% to $X for the first time since 2019, thus ending a two-year rising trend. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +22.9% against 2019 indices. As a result, consumption attained the peak level of $X, and then dropped remarkably in the following year.

Metal-Reinforced Rubber Hose Production in Benelux

In value terms, metal-reinforced rubber hose production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 40% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Metal-Reinforced Rubber Hose Exports

Exports in Benelux

In 2022, approx. X tons of rubber hose reinforced with metal were exported in Benelux; waning by -9.9% against the previous year. In general, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 27%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, metal-reinforced rubber hose exports contracted to $X in 2022. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 24% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands represented the main exporter of rubber hose reinforced with metal in Benelux, with the volume of exports amounting to X tons, which was near 68% of total exports in 2022. It was distantly followed by Belgium (X tons), constituting a 32% share of total exports.

Exports from the Netherlands decreased at an average annual rate of -17.2% from 2012 to 2022. Belgium (-15.6%) illustrated a downward trend over the same period. While the share of Belgium (+3.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (-3.8 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest metal-reinforced rubber hose supplier in Benelux, comprising 77% of total exports. The second position in the ranking was held by Belgium ($X), with a 23% share of total exports.

In the Netherlands, metal-reinforced rubber hose exports contracted by an average annual rate of -14.5% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2020 when the export price increased by 28%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, 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 the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.3%).

Metal-Reinforced Rubber Hose Imports

Imports in Benelux

In 2022, approx. X tons of rubber hose reinforced with metal were imported in Benelux; reducing by -24.6% on the previous year's figure. In general, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 19%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal-reinforced rubber hose imports dropped significantly to $X in 2022. Overall, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X tons) and the Netherlands (X tons) represented the major importer of rubber hose reinforced with metal in Benelux, generating 99% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belgium (with a CAGR of -3.5%).

In value terms, the largest metal-reinforced rubber hose importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

In terms of the main importing countries, Belgium, with a CAGR of -2.9%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, picking up by 5.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2014 an increase of 17% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%).

Source: IndexBox Platform