Overview of the Global Market for Tubes, Pipes And Hoses Of Vulcanized Rubber

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber

The global rubber tube and pipe market reduced slightly to $X in 2021, stabilizing at the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 5.6% against the previous year. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the global market remained at a lower figure.

Production of Tubes, Pipes And Hoses Of Vulcanized Rubber

In value terms, rubber tube and pipe production shrank slightly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 12%. As a result, production attained the peak level of $X. From 2019 to 2021, global production growth remained at a lower figure.

Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports

In 2021, overseas shipments of tubes, pipes and hoses of vulcanized rubber increased by 24% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. 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 surged to $X in 2021. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons), distantly followed by Turkey (X tons), the United States (X tons), Italy (X tons), Germany (X tons), Mexico (X tons), Poland (X tons) and the Czech Republic (X tons) represented the main exporters of tubes, pipes and hoses of vulcanized rubber, together achieving 67% of total exports. The following exporters - Thailand (X tons), Malaysia (X tons), India (X tons), Japan (X tons) and Spain (X tons) - together made up 13% of total exports.

Exports from China increased at an average annual rate of +6.2% from 2012 to 2021. At the same time, Poland (+12.7%), India (+9.4%), Mexico (+6.7%), the Czech Republic (+5.6%), Turkey (+5.6%), Thailand (+3.3%), Spain (+3.3%) and Malaysia (+1.5%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.7% from 2012-2021. Germany and Italy experienced a relatively flat trend pattern. By contrast, Japan (-2.3%) and the United States (-3.0%) illustrated a downward trend over the same period. While the share of China (+5.5 p.p.), Poland (+2.7 p.p.), Turkey (+2 p.p.) and Mexico (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Germany (-1.8 p.p.), Italy (-2.5 p.p.) and the United States (-5.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), China ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 32% share of global exports. These countries were followed by Turkey, Italy, Mexico, Poland, the Czech Republic, Japan, Thailand, Spain, India and Malaysia, which together accounted for a further 42%.

India, with a CAGR of +14.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average rubber tube and pipe export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 1.8%. The global export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.4%), while the other global leaders experienced more modest paces of growth.

Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports

After two years of decline, overseas purchases of tubes, pipes and hoses of vulcanized rubber increased by 22% to X tons in 2021. The total import volume increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rubber tube and pipe imports soared to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, global imports reached the maximum at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

In 2021, the United States (X tons), distantly followed by Germany (X tons) represented the largest importers of tubes, pipes and hoses of vulcanized rubber, together creating 27% of total imports. Canada (X tons), France (X tons), China (X tons), Mexico (X tons), Russia (X tons), Italy (X tons), Poland (X tons), Brazil (X tons), the UK (X tons), Spain (X tons) and the Netherlands (X tons) held a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to rubber tube and pipe imports into the United States stood at +5.4%. At the same time, Poland (+9.7%), Italy (+5.5%), Brazil (+5.2%), France (+4.0%), Germany (+3.4%), Russia (+2.5%) and China (+2.1%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +9.7% from 2012-2021. Canada, Spain, the Netherlands and the UK experienced a relatively flat trend pattern. By contrast, Mexico (-5.9%) illustrated a downward trend over the same period. While the share of the United States (+5.1 p.p.) and Poland (+1.5 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Mexico (-3.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Germany ($X) and China ($X) were the countries with the highest levels of imports in 2021, with a combined 30% share of global imports. These countries were followed by Mexico, Canada, France, the UK, Poland, Brazil, Spain, Russia, Italy and the Netherlands, which together accounted for a further 30%.

Poland, with a CAGR of +6.9%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global 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, growing by 1.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 5.3%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+9.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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