Benelux: Textile Rubber Hose Market 2024

Textile Rubber Hose Market Size in Benelux

The Benelux textile rubber hose market skyrocketed to $X in 2021, rising by 44% against the previous year. The total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.8% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Textile Rubber Hose Production in Benelux

In value terms, textile rubber hose production soared to $X in 2021 estimated in export price. Over the period under review, production showed moderate growth. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Textile Rubber Hose Exports

Exports in Benelux

In 2021, exports of rubber hose reinforced with textiles in Benelux totaled X tons, standing approx. at 2020 figures. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 121%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, textile rubber hose exports skyrocketed to $X in 2021. Total exports indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -6.1% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 51% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the two major exporters of rubber hose reinforced with textiles, namely the Netherlands and Belgium, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belgium (with a CAGR of +2.2%).

In value terms, Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2021.

Among the main exporting countries, Belgium, with a CAGR of +2.8%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, picking up by 21% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 82%. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.6%).

Textile Rubber Hose Imports

Imports in Benelux

In 2021, overseas purchases of rubber hose reinforced with textiles decreased by -10.1% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, recorded moderate growth. The most prominent rate of growth was recorded in 2019 with an increase of 117% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, textile rubber hose imports totaled $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 54%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands represented the major importing country with an import of about X tons, which accounted for 67% of total imports. It was distantly followed by Belgium (X tons), generating a 32% share of total imports.

The Netherlands was also the fastest-growing in terms of the rubber hose reinforced with textiles imports, with a CAGR of +4.5% from 2012 to 2021. Belgium experienced a relatively flat trend pattern. The Netherlands (+9.6 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -9.6% from 2012 to 2021, respectively.

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

The Netherlands, with a CAGR of +1.8%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, surging by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 23% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-1.4%).

Source: IndexBox Platform