India: Textile Rubber Hose Market 2025

Textile Rubber Hose Market Size in India

In 2021, the Indian textile rubber hose market decreased by -1.1% to $X, falling for the second consecutive year after four years of growth. In general, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 6.6%. Textile rubber hose consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Textile Rubber Hose Production in India

In value terms, textile rubber hose production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 8.8%. Textile rubber hose production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Textile Rubber Hose Exports

Exports from India

In 2021, the amount of rubber hose reinforced with textiles exported from India soared to X tons, growing by 62% against the previous year. Over the period under review, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

Exports by Country

The United States (X tons) was the main destination for textile rubber hose exports from India, accounting for a 32% share of total exports. Moreover, textile rubber hose exports to the United States exceeded the volume sent to the second major destination, Australia (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+37.1% per year) and Germany (+52.4% per year).

In value terms, the United States ($X) remains the key foreign market for rubber hose reinforced with textiles exports from India, comprising 44% of total exports. The second position in the ranking was held by Germany ($X), with a 10% share of total exports. It was followed by the UK, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+50.0% per year) and the UK (+8.2% per year).

Export Prices by Country

In 2021, the average textile rubber hose export price amounted to $X per ton, picking up by 4.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.7%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to China ($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 Thailand (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Rubber Hose Imports

Imports into India

Textile rubber hose imports into India surged to X tons in 2021, increasing by 45% against 2020. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable 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, textile rubber hose imports soared to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Thailand (X tons) and South Korea (X tons) were the main suppliers of textile rubber hose imports to India, together comprising 52% of total imports. Japan, Vietnam, Germany, the United States, Italy, the Czech Republic, the UK and Hungary lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +92.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Japan ($X) were the largest textile rubber hose suppliers to India, with a combined 49% share of total imports. South Korea, Vietnam, Germany, the United States, Italy, the Czech Republic, the UK and Hungary lagged somewhat behind, together accounting for a further 35%.

Vietnam, with a CAGR of +119.9%, 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, picking up by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.2%. The pace of growth appeared the most rapid in 2017 an increase of 17%. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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