Slovakia: Textile Rubber Hose Market 2024

Textile Rubber Hose Market Size in Slovakia

In 2021, the Slovak textile rubber hose market increased by 9.7% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Textile Rubber Hose Exports

Exports from Slovakia

In 2021, the amount of rubber hose reinforced with textiles exported from Slovakia skyrocketed to X tons, growing by 51% compared with 2020 figures. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 222%. Over the period under review, the exports reached the maximum 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 skyrocketed to $X in 2021. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by 248%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Ukraine (X tons), the Czech Republic (X tons) and Germany (X tons) were the main destinations of textile rubber hose exports from Slovakia, with a combined 93% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +69.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Ukraine ($X) appeared to be the largest markets for textile rubber hose exported from Slovakia worldwide, with a combined 86% share of total exports.

Germany, with a CAGR of +60.3%, 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, waning by -13.9% against the previous year. Over the period under review, the export price recorded a pronounced slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 9.4%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Ukraine ($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 the UK (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Rubber Hose Imports

Imports into Slovakia

In 2021, supplies from abroad of rubber hose reinforced with textiles increased by 10% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 22% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, textile rubber hose imports rose sharply to $X in 2021. Over the period under review, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.0% 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 decreased by -13.8% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 33% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), Hungary (X tons) and Germany (X tons) were the main suppliers of textile rubber hose imports to Slovakia, together accounting for 56% of total imports. Poland, France, Turkey, Spain and China lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +114.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Germany ($X) and the Czech Republic ($X) constituted the largest textile rubber hose suppliers to Slovakia, with a combined 54% share of total imports. France, Poland, Turkey, Spain and China lagged somewhat behind, together comprising a further 37%.

Among the main suppliers, Spain, with a CAGR of +115.7%, 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, approximately mirroring the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2016 an increase of 27% against the previous year. The import price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($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 Czech Republic (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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