Kuwait: Metal-Reinforced Rubber Hose Market 2025

Metal-Reinforced Rubber Hose Market Size in Kuwait

In 2022, after two years of decline, there was significant growth in the Kuwaiti metal-reinforced rubber hose market, when its value increased by 99.9% to $X. Overall, consumption, however, showed a perceptible downturn. Metal-reinforced rubber hose consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Metal-Reinforced Rubber Hose Exports

Exports from Kuwait

In 2022, exports of rubber hose reinforced with metal from Kuwait fell rapidly to X tons, waning by -41.2% against the year before. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 3,717%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then shrank rapidly in the following year.

In value terms, metal-reinforced rubber hose exports declined dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by 2,478% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Iraq (X tons) was the main destination for metal-reinforced rubber hose exports from Kuwait, accounting for a 100% share of total exports. It was followed by Saudi Arabia (X kg), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq amounted to +111.4%.

In value terms, Iraq ($X) remains the key foreign market for rubber hose reinforced with metal exports from Kuwait, comprising 71% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Iraq amounted to +102.8%.

Export Prices by Country

In 2022, the average metal-reinforced rubber hose export price amounted to $X per ton, which is down by -2.7% against the previous year. In general, the export price recorded a precipitous descent. The growth pace was the most rapid in 2018 an increase of 194%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Iraq totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+13.5%).

Metal-Reinforced Rubber Hose Imports

Imports into Kuwait

In 2022, metal-reinforced rubber hose imports into Kuwait fell to X tons, which is down by -3.8% against the year before. In general, imports, however, showed a perceptible increase. The pace of growth was the most pronounced in 2017 with an increase of 117%. As a result, imports reached the peak of X tons. From 2018 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, imports, however, enjoyed a modest increase. The pace of growth was the most pronounced in 2019 with an increase of 63% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest metal-reinforced rubber hose supplier to Kuwait, with a 58% share of total imports. Moreover, metal-reinforced rubber hose imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. Indonesia (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.4% per year) and Indonesia (+108.1% per year).

In value terms, China ($X) constituted the largest supplier of rubber hose reinforced with metal to Kuwait, comprising 48% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by Indonesia, with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.2% per year) and Indonesia (+71.1% per year).

Import Prices by Country

The average metal-reinforced rubber hose import price stood at $X per ton in 2022, rising by 5.5% against the previous year. In general, the import price, however, recorded a pronounced decrease. The growth pace was the most rapid in 2018 an increase of 43%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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