Switzerland: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size in Switzerland

The Swiss metal-reinforced rubber hose market expanded notably to $X in 2022, increasing by 8.2% 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 buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +9.9% against 2018 indices. Metal-reinforced rubber hose consumption peaked in 2022 and is likely to continue growth in years to come.

Metal-Reinforced Rubber Hose Exports

Exports from Switzerland

Metal-reinforced rubber hose exports from Switzerland stood at X tons in 2022, increasing by 2% compared with the year before. In general, exports, however, saw a noticeable downturn. The pace of growth was the most pronounced in 2014 when exports increased by 75%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, metal-reinforced rubber hose exports rose rapidly to $X in 2022. Over the period under review, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 40%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for metal-reinforced rubber hose exports from Switzerland, accounting for a 51% share of total exports. Moreover, metal-reinforced rubber hose exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), fourfold. The third position in this ranking was held by the United States (X tons), with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled -6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+9.2% per year) and the United States (+7.8% per year).

In value terms, Germany ($X) remains the key foreign market for rubber hose reinforced with metal exports from Switzerland, comprising 38% of total exports. The second position in the ranking was taken by the United States ($X), with a 14% share of total exports. It was followed by Austria, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+7.0% per year) and Austria (+9.9% per year).

Export Prices by Country

The average metal-reinforced rubber hose export price stood at $X per ton in 2022, increasing by 9.8% against the previous year. Over the period under review, the export price, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal-Reinforced Rubber Hose Imports

Imports into Switzerland

In 2022, the amount of rubber hose reinforced with metal imported into Switzerland reached X tons, with an increase of 6.2% on 2021 figures. The total import volume increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Imports peaked at X tons in 2018; afterwards, it flattened through to 2022.

In value terms, metal-reinforced rubber hose imports expanded sharply to $X in 2022. Overall, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +15.5% against 2018 indices. The pace of growth was the most pronounced in 2018 when imports increased by 33%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of metal-reinforced rubber hose imports to Switzerland, together accounting for 73% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +45.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Poland ($X) appeared to be the largest metal-reinforced rubber hose suppliers to Switzerland, together comprising 73% of total imports.

Poland, with a CAGR of +50.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal-reinforced rubber hose import price amounted to $X per ton, increasing by 1.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 32%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 ($X per ton), while the price for Turkey ($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 (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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