Peru: Textile Rubber Hose Market 2025

Textile Rubber Hose Market Size in Peru

The Peruvian textile rubber hose market skyrocketed to $X in 2021, jumping by 44% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +121.9% against 2019 indices. Textile rubber hose consumption peaked in 2021 and is likely to see steady growth in years to come.

Textile Rubber Hose Exports

Exports from Peru

In 2021, textile rubber hose exports from Peru declined dramatically to X tons, dropping by -31.9% compared with the previous year. In general, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 206%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, textile rubber hose exports dropped remarkably to $X in 2021. Overall, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 137% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Bolivia (X tons), Ecuador (X tons) and Guatemala (X tons) were the main destinations of textile rubber hose exports from Peru, with a combined 73% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Ecuador (with a CAGR of +81.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for textile rubber hose exported from Peru were Bolivia ($X), Guatemala ($X) and Ecuador ($X), together accounting for 62% of total exports.

Among the main countries of destination, Ecuador, with a CAGR of +70.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average textile rubber hose export price amounted to $X per ton, rising by 17% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 37%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Ecuador ($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 Chile (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Rubber Hose Imports

Imports into Peru

In 2021, imports of rubber hose reinforced with textiles into Peru expanded sharply to X tons, rising by 12% compared with the previous year. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 47%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, textile rubber hose imports soared to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +131.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 56%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest textile rubber hose supplier to Peru, accounting for a 50% share of total imports. Moreover, textile rubber hose imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sixfold. Malaysia (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.4% per year) and Malaysia (-9.2% per year).

In value terms, the largest textile rubber hose suppliers to Peru were the United States ($X), China ($X) and Italy ($X), with a combined 59% share of total imports. India, Brazil, Malaysia, Thailand, Argentina, Chile, Turkey and Portugal lagged somewhat behind, together comprising a further 21%.

In terms of the main suppliers, Thailand, with a CAGR of +38.4%, recorded the highest rates of growth with regard to the value of imports, 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, increasing by 33% against the previous year. Over the last nine years, it increased at an average annual rate of +6.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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