Eastern Europe: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size in Eastern Europe

The East European metal-reinforced rubber hose market fell slightly to $X in 2022, with a decrease of -4.5% against the previous year. The total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +13.1% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metal-Reinforced Rubber Hose Production in Eastern Europe

In value terms, metal-reinforced rubber hose production totaled $X in 2022 estimated in export price. The total production indicated a remarkable 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 increased by +1.8% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by 32% against the previous year. The level of production peaked in 2022 and is likely to see steady growth in the immediate term.

Metal-Reinforced Rubber Hose Exports

Exports in Eastern Europe

After ten years of growth, shipments abroad of rubber hose reinforced with metal decreased by -6.7% to X tons in 2022. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, metal-reinforced rubber hose exports stood at $X in 2022. In general, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Poland (X tons) and the Czech Republic (X tons) dominates exports structure, together making up 87% of total exports. It was distantly followed by Belarus (X tons), generating a 5.7% share of total exports. Romania (X tons) and Russia (X tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +44.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest metal-reinforced rubber hose supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Belarus ($X), together accounting for 94% of total exports.

Belarus, with a CAGR of +33.9%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, increasing by 8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+0.8%), while the other leaders experienced mixed trends in the export price figures.

Metal-Reinforced Rubber Hose Imports

Imports in Eastern Europe

In 2022, metal-reinforced rubber hose imports in Eastern Europe reduced to X tons, shrinking by -5.1% compared with 2021. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +6.0% 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 +33.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, metal-reinforced rubber hose imports shrank to $X in 2022. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

The countries with the highest levels of metal-reinforced rubber hose imports in 2022 were Poland (X tons), Russia (X tons) and the Czech Republic (X tons), together reaching 84% of total import. The following importers - Ukraine (X tons), Belarus (X tons) and Romania (X tons) - together made up 9.4% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +13.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) were the countries with the highest levels of imports in 2022, together accounting for 84% of total imports.

Poland, with a CAGR of +14.1%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, declining by -2.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 10% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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