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

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

For the third year in a row, the Chinese rubber tube and pipe market recorded decline in sales value, which decreased by -5.4% to $X in 2021. The market value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

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

In value terms, rubber tube and pipe production reached $X in 2021 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -29.3% against 2018 indices. The growth pace was the most rapid in 2018 when the production volume increased by 55%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports from China

Rubber tube and pipe exports from China soared to X tons in 2021, increasing by 38% against 2020 figures. Over the period under review, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rubber tube and pipe exports skyrocketed to $X in 2021. Overall, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Russia (X tons) and Brazil (X tons) were the main destinations of rubber tube and pipe exports from China, with a combined 26% share of total exports. Poland, Japan, Vietnam, the United Arab Emirates, India, South Korea, Spain, Mexico, Indonesia and Turkey lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +31.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Russia ($X) constituted the largest markets for rubber tube and pipe exported from China worldwide, with a combined 29% share of total exports. These countries were followed by Brazil, Poland, Vietnam, Mexico, India, South Korea, Spain, Indonesia, the United Arab Emirates and Turkey, which together accounted for a further 28%.

In terms of the main countries of destination, Poland, with a CAGR of +29.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average rubber tube and pipe export price amounted to $X per ton, picking up by 5.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 6.7%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United Arab Emirates ($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 Mexico (+2.5%), 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 China

In 2021, supplies from abroad of tubes, pipes and hoses of vulcanized rubber increased by 11% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2016 when imports increased by 35%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, rubber tube and pipe imports expanded rapidly to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 16%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Japan (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of rubber tube and pipe imports to China, with a combined 30% share of total imports. Malaysia, Germany, Thailand, South Korea, the United States, India, Singapore, the UK, Taiwan (Chinese) and the Czech Republic lagged somewhat behind, together accounting for a further 59%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +24.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and Thailand ($X) appeared to be the largest rubber tube and pipe suppliers to China, with a combined 41% share of total imports. The United States, the UK, South Korea, Italy, the Czech Republic, India, Turkey, Malaysia, Singapore and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 37%.

In terms of the main suppliers, India, with a CAGR of +23.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rubber tube and pipe import price stood at $X per ton in 2021, rising by 2.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 21%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($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 (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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