Czech Republic: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size in the Czech Republic

The Czech metal-reinforced rubber hose market expanded significantly to $X in 2022, growing by 9.5% against the previous year. In general, consumption, however, showed a deep downturn. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Metal-Reinforced Rubber Hose Production in the Czech Republic

In value terms, metal-reinforced rubber hose production shrank modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.1% against 2019 indices. The growth pace was the most rapid in 2013 when the production volume increased by 19% against the previous year. Metal-reinforced rubber hose production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Metal-Reinforced Rubber Hose Exports

Exports from the Czech Republic

In 2022, shipments abroad of rubber hose reinforced with metal increased by 2.8% to X tons, rising for the second consecutive year after two years of decline. In general, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.3% against 2020 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 23%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, metal-reinforced rubber hose exports skyrocketed to $X in 2022. Overall, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), Austria (X tons) and Sweden (X tons) were the main destinations of metal-reinforced rubber hose exports from the Czech Republic, together comprising 74% of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +79.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Sweden ($X) appeared to be the largest markets for metal-reinforced rubber hose exported from the Czech Republic worldwide, together accounting for 70% of total exports.

Among the main countries of destination, Sweden, with a CAGR of +75.0%, saw 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

The average metal-reinforced rubber hose export price stood at $X per ton in 2022, growing by 12% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sweden ($X per ton) and the UK ($X per ton), while the average price for exports to Germany ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal-Reinforced Rubber Hose Imports

Imports into the Czech Republic

In 2022, supplies from abroad of rubber hose reinforced with metal increased by 12% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.2% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by 26%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal-reinforced rubber hose imports reached $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Austria (X tons) and Thailand (X tons) were the main suppliers of metal-reinforced rubber hose imports to the Czech Republic, with a combined 49% share of total imports. Turkey, Poland, Italy, Belarus, Germany and the Netherlands lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +552.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Austria ($X) and Turkey ($X) constituted the largest metal-reinforced rubber hose suppliers to the Czech Republic, together comprising 43% of total imports. Thailand, Poland, Italy, Germany, Belarus and the Netherlands lagged somewhat behind, together accounting for a further 43%.

In terms of the main suppliers, Belarus, with a CAGR of +569.4%, 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 metal-reinforced rubber hose import price stood at $X per ton in 2022, with a decrease of -6.2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 11% against the previous year. The import price 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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