Canada: Market for Tubes, Pipes And Hoses Of Vulcanized Rubber 2025

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber in Canada

In 2021, the Canadian rubber tube and pipe market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Rubber tube and pipe consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Tubes, Pipes And Hoses Of Vulcanized Rubber in Canada

In value terms, rubber tube and pipe production reduced to $X in 2021 estimated in export price. Overall, production, however, posted strong growth. The pace of growth was the most pronounced in 2014 with an increase of 56%. Rubber tube and pipe production peaked at $X in 2020, and then dropped in the following year.

Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports from Canada

In 2021, overseas shipments of tubes, pipes and hoses of vulcanized rubber decreased by -4.7% to X tons, falling for the third year in a row after three years of growth. Overall, exports saw a mild downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 10%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, rubber tube and pipe exports rose significantly to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 17% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

The United States (X tons) was the main destination for rubber tube and pipe exports from Canada, accounting for a 86% share of total exports. It was followed by Mexico (X tons), with a 2.3% share of total exports. The third position in this ranking was held by Panama (X tons), with a 1.8% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+15.4% per year) and Panama (+103.2% per year).

In value terms, the United States ($X) remains the key foreign market for tubes, pipes and hoses of vulcanized rubber exports from Canada, comprising 86% of total exports. The second position in the ranking was held by Mexico ($X), with a 2.8% share of total exports. It was followed by Panama, with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+16.5% per year) and Panama (+92.2% per year).

Export Prices by Country

The average rubber tube and pipe export price stood at $X per ton in 2021, increasing by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports into Canada

In 2021, overseas purchases of tubes, pipes and hoses of vulcanized rubber were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 15%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, rubber tube and pipe imports expanded notably to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 12% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of rubber tube and pipe to Canada, with a 53% share of total imports. Moreover, rubber tube and pipe imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. Mexico (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.6% per year) and Mexico (+3.9% per year).

In value terms, the United States ($X) constituted the largest supplier of tubes, pipes and hoses of vulcanized rubber to Canada, comprising 57% of total imports. The second position in the ranking was held by Mexico ($X), with a 10% share of total imports. It was followed by China, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+0.3% per year) and China (+5.9% per year).

Import Prices by Country

The average rubber tube and pipe import price stood at $X per ton in 2021, rising by 10% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 11% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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