Nigeria: Textile Rubber Hose Market 2025

Textile Rubber Hose Market Size in Nigeria

In 2021, the Nigerien textile rubber hose market decreased by -54.6% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Textile Rubber Hose Exports

Exports from Nigeria

Textile rubber hose exports from Nigeria reduced rapidly to X kg in 2021, which is down by -31.2% on the year before. Over the period under review, exports, however, continue to indicate a modest increase. The pace of growth was the most pronounced in 2016 when exports increased by 691% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, textile rubber hose exports fell to $X in 2021. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 778%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Zimbabwe (X kg) was the main destination for textile rubber hose exports from Nigeria, with a 69% share of total exports. Moreover, textile rubber hose exports to Zimbabwe exceeded the volume sent to the second major destination, Cote d'Ivoire (X kg), threefold. The third position in this ranking was held by Angola (X kg), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Zimbabwe stood at +43.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+0.7% per year) and Angola (-6.4% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for rubber hose reinforced with textiles exports from Nigeria, comprising 85% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a 12% share of total exports. It was followed by Ghana, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value to Cote d'Ivoire stood at -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (+35.5% per year) and Ghana (-26.3% per year).

Export Prices by Country

The average textile rubber hose export price stood at $X per ton in 2021, increasing by 30% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Angola ($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 Cote d'Ivoire (-2.5%), while the prices for the other major destinations experienced a decline.

Textile Rubber Hose Imports

Imports into Nigeria

In 2021, supplies from abroad of rubber hose reinforced with textiles decreased by -56.1% to X tons, falling for the second consecutive year after two years of growth. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 616%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, textile rubber hose imports shrank sharply to $X in 2021. Over the period under review, imports continue to indicate a mild reduction. The pace of growth was the most pronounced in 2014 when imports increased by 169% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Antigua and Barbuda (X tons), China (X tons) and Hungary (X tons) were the main suppliers of textile rubber hose imports to Nigeria, together accounting for 77% of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +55.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Antigua and Barbuda ($X) constituted the largest supplier of rubber hose reinforced with textiles to Nigeria, comprising 41% of total imports. The second position in the ranking was held by Hungary ($X), with a 7.4% share of total imports. It was followed by China, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Antigua and Barbuda stood at +17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+37.2% per year) and China (-0.3% per year).

Import Prices by Country

In 2021, the average textile rubber hose import price amounted to $X per ton, jumping by 23% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 249% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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