Ukraine: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size in Ukraine

The Ukrainian metal-reinforced rubber hose market declined notably to $X in 2022, which is down by -28.1% against the previous year. Over the period under review, consumption showed a pronounced reduction. Over the period under review, the market attained the maximum level at $X in 2021, and then fell markedly in the following year.

Metal-Reinforced Rubber Hose Production in Ukraine

In value terms, metal-reinforced rubber hose production expanded slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 22%. Metal-reinforced rubber hose production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Metal-Reinforced Rubber Hose Exports

Exports from Ukraine

In 2022, overseas shipments of rubber hose reinforced with metal decreased by -9.8% to X tons, falling for the second consecutive year after six years of growth. Overall, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 352%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, metal-reinforced rubber hose exports rose significantly to $X in 2022. In general, exports, however, showed a tangible increase. The growth pace was the most rapid in 2013 when exports increased by 283% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X tons), Georgia (X tons) and Russia (X tons) were the main destinations of metal-reinforced rubber hose exports from Ukraine, together accounting for 74% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +88.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Georgia ($X) and Russia ($X) appeared to be the largest markets for metal-reinforced rubber hose exported from Ukraine worldwide, together accounting for 78% of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +93.3%, 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 2022, the average metal-reinforced rubber hose export price amounted to $X per ton, picking up by 24% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 100% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average 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 Moldova ($X per ton), while the average price for exports to Kazakhstan ($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 Azerbaijan (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.

Metal-Reinforced Rubber Hose Imports

Imports into Ukraine

Metal-reinforced rubber hose imports into Ukraine reduced notably to X tons in 2022, with a decrease of -28.3% against 2021. In general, imports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2016 with an increase of 59%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, metal-reinforced rubber hose imports declined notably to $X in 2022. Overall, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2016 with an increase of 47% against the previous year. Imports peaked at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal-reinforced rubber hose to Ukraine, accounting for a 72% share of total imports. Moreover, metal-reinforced rubber hose imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold. The third position in this ranking was taken by Poland (X tons), with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+15.3% per year) and Poland (-5.4% per year).

In value terms, China ($X) constituted the largest supplier of rubber hose reinforced with metal to Ukraine, comprising 56% of total imports. The second position in the ranking was taken by Turkey ($X), with an 11% share of total imports. It was followed by Poland, with a 7% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+12.6% per year) and Poland (-1.2% per year).

Import Prices by Country

In 2022, the average metal-reinforced rubber hose import price amounted to $X per ton, stabilizing at the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 8.6%. Over the period under review, average import prices attained the maximum in 2022 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 Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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