Singapore: Textile Rubber Hose Market 2025

Textile Rubber Hose Market Size in Singapore

In 2021, the Singaporean textile rubber hose market increased by 106% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a pronounced setback. Textile rubber hose consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Textile Rubber Hose Exports

Exports from Singapore

In 2021, the amount of rubber hose reinforced with textiles exported from Singapore fell markedly to X tons, which is down by -18.7% against the previous year. Overall, exports showed a slight decrease. The growth pace was the most rapid in 2016 with an increase of 69% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, textile rubber hose exports fell modestly to $X in 2021. In general, total exports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -15.8% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of 51% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Thailand (X tons), the Philippines (X tons) and Indonesia (X tons) were the main destinations of textile rubber hose exports from Singapore, together accounting for 38% of total exports. The United States, Vietnam, Russia, Malaysia, South Korea, Egypt, Hong Kong SAR, Namibia, Australia and South Africa lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2021, the biggest increases were recorded for Namibia (with a CAGR of +69,466.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), the United States ($X) and Malaysia ($X) were the largest markets for textile rubber hose exported from Singapore worldwide, with a combined 33% share of total exports. The Philippines, Russia, Thailand, South Korea, Australia, Vietnam, Hong Kong SAR, Egypt, South Africa and Namibia lagged somewhat behind, together comprising a further 42%.

Namibia, with a CAGR of +69,591.1%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 20% against the previous year. Overall, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, textile rubber hose export price increased by +12.9% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 33% against the previous year. The export price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Thailand ($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 Egypt (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Rubber Hose Imports

Imports into Singapore

In 2021, approx. X tons of rubber hose reinforced with textiles were imported into Singapore; increasing by 45% compared with the year before. In general, imports, however, saw a abrupt contraction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, textile rubber hose imports surged to $X in 2021. Overall, imports, however, recorded a slight descent. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X tons), the United States (X tons) and Turkey (X tons) were the main suppliers of textile rubber hose imports to Singapore, with a combined 72% share of total imports. Germany, China and India lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +26.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Malaysia ($X) and India ($X) were the largest textile rubber hose suppliers to Singapore, with a combined 59% share of total imports.

Among the main suppliers, India, with a CAGR of +20.7%, saw 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, shrinking by -2.2% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the average import price increased by 39% against the previous year. The import price peaked at $X per ton in 2020, and then fell modestly in the following year.

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

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

Source: IndexBox Platform

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