Colombia: Textile Rubber Hose Market 2025

Textile Rubber Hose Market Size in Colombia

The Colombian textile rubber hose market skyrocketed to $X in 2021, rising by 32% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a relatively flat trend pattern. Textile rubber hose consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Textile Rubber Hose Exports

Exports from Colombia

In 2021, after two years of decline, there was significant growth in overseas shipments of rubber hose reinforced with textiles, when their volume increased by 73% to X tons. Overall, exports showed a relatively flat trend pattern. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, textile rubber hose exports surged to $X in 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Ecuador (X tons) was the main destination for textile rubber hose exports from Colombia, accounting for a 75% share of total exports. Moreover, textile rubber hose exports to Ecuador exceeded the volume sent to the second major destination, Costa Rica (X tons), tenfold. Guatemala (X tons) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume to Ecuador totaled +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+8.4% per year) and Guatemala (-3.0% per year).

In value terms, Ecuador ($X) remains the key foreign market for rubber hose reinforced with textiles exports from Colombia, comprising 76% of total exports. The second position in the ranking was taken by Costa Rica ($X), with a 7.2% share of total exports. It was followed by Guatemala, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ecuador totaled +12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+7.5% per year) and Guatemala (+1.9% per year).

Export Prices by Country

The average textile rubber hose export price stood at $X per ton in 2021, picking up by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Mexico ($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 (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Rubber Hose Imports

Imports into Colombia

In 2021, the amount of rubber hose reinforced with textiles imported into Colombia soared to X tons, jumping by 24% compared with 2020. In general, imports, however, showed a slight slump. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, textile rubber hose imports surged to $X in 2021. Overall, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest textile rubber hose supplier to Colombia, with a 47% share of total imports. Moreover, textile rubber hose imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. Malaysia (X tons) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-13.3% per year) and Malaysia (-0.1% per year).

In value terms, the largest textile rubber hose suppliers to Colombia were China ($X), the United States ($X) and Malaysia ($X), together comprising 48% of total imports. Argentina, Brazil, Thailand, Taiwan (Chinese), Italy and Turkey lagged somewhat behind, together comprising a further 17%.

Brazil, with a CAGR of +15.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average textile rubber hose import price amounted to $X per ton, increasing by 9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2016 an increase of 10%. The import price peaked at $X per ton in 2018; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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