Central Asia: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size in Central Asia

The Central Asian metal-reinforced rubber hose market rose remarkably to $X in 2022, increasing by 5.5% against the previous year. Over the period under review, consumption enjoyed resilient growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metal-Reinforced Rubber Hose Production in Central Asia

In value terms, metal-reinforced rubber hose production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 113%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Metal-Reinforced Rubber Hose Exports

Exports in Central Asia

In 2022, shipments abroad of rubber hose reinforced with metal increased by 3,961% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal-reinforced rubber hose exports soared to $X in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X tons) represented roughly 100% of total exports in 2022.

Kazakhstan was also the fastest-growing in terms of the rubber hose reinforced with metal exports, with a CAGR of +85.3% from 2012 to 2022. While the share of Kazakhstan (+6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest metal-reinforced rubber hose supplier in Central Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at +71.4%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, which is down by -37.8% against the previous year. Overall, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2019 when the export price increased by 109%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -7.5% per year.

Metal-Reinforced Rubber Hose Imports

Imports in Central Asia

After two years of decline, supplies from abroad of rubber hose reinforced with metal increased by 70% to X tons in 2022. Over the period under review, imports recorded a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 118% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, metal-reinforced rubber hose imports skyrocketed to $X in 2022. In general, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan represented the major importer of rubber hose reinforced with metal in Central Asia, with the volume of imports recording X tons, which was near 68% of total imports in 2022. It was distantly followed by Uzbekistan (X tons), Mongolia (X tons) and Tajikistan (X tons), together achieving a 27% share of total imports. Turkmenistan (X tons) and Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to metal-reinforced rubber hose imports into Kazakhstan stood at +9.1%. At the same time, Uzbekistan (+25.7%), Tajikistan (+17.2%), Kyrgyzstan (+10.4%), Mongolia (+7.7%) and Turkmenistan (+3.2%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +25.7% from 2012-2022. Uzbekistan (+16 p.p.) and Tajikistan (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Mongolia, Turkmenistan and Kazakhstan saw its share reduced by -2.1%, -3% and -12.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported rubber hose reinforced with metal in Central Asia, comprising 71% of total imports. The second position in the ranking was taken by Mongolia ($X), with a 12% share of total imports. It was followed by Uzbekistan, with a 7.8% share.

In Kazakhstan, metal-reinforced rubber hose imports increased at an average annual rate of +9.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (+16.2% per year) and Uzbekistan (+8.1% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, picking up by 10% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by 22% against the previous year. The level of import 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 importing countries. In 2022, amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+7.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :