Mexico - Rubber Hose Reinforced With Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMexico: Metal-Reinforced Rubber Hose Market 2024
Metal-Reinforced Rubber Hose Market Size in Mexico
The Mexican metal-reinforced rubber hose market fell to $X in 2022, reducing by -7.9% against the previous year. In general, consumption, however, showed a resilient expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
Metal-Reinforced Rubber Hose Production in Mexico
In value terms, metal-reinforced rubber hose production contracted to $X in 2022 estimated in export price. In general, production, however, posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 69% against the previous year. Metal-reinforced rubber hose production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.
Metal-Reinforced Rubber Hose Exports
Exports from Mexico
In 2022, approx. X tons of rubber hose reinforced with metal were exported from Mexico; growing by 4.8% against the previous year. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 55%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, metal-reinforced rubber hose exports skyrocketed to $X in 2022. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 44% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Exports by Country
The United States (X tons) was the main destination for metal-reinforced rubber hose exports from Mexico, accounting for a approx. 100% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to the United States totaled +11.1%.
In value terms, the United States ($X) also remains the key foreign market for rubber hose reinforced with metal exports from Mexico.
From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +10.4%.
Export Prices by Country
In 2022, the average metal-reinforced rubber hose export price amounted to $X per ton, growing by 18% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +0.8% per year.
Metal-Reinforced Rubber Hose Imports
Imports into Mexico
In 2022, imports of rubber hose reinforced with metal into Mexico soared to X tons, picking up by 21% on the year before. Overall, imports saw a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, metal-reinforced rubber hose imports surged to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 56% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Imports by Country
China (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of metal-reinforced rubber hose imports to Mexico, with a combined 88% share of total imports. South Korea, Malaysia and India lagged somewhat behind, together accounting for a further 9.6%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +65.5%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X) constituted the largest supplier of rubber hose reinforced with metal to Mexico, comprising 57% of total imports. The second position in the ranking was held by China ($X), with a 26% share of total imports. It was followed by Italy, with a 5.2% share.
From 2012 to 2022, the average annual growth rate of value from the United States totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.3% per year) and Italy (+3.2% per year).
Import Prices by Country
In 2022, the average metal-reinforced rubber hose import price amounted to $X per ton, picking up by 19% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($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 India (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal-reinforced rubber hose market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22193055 - Rubber hose reinforced with metal
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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