United Arab Emirates: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size in the United Arab Emirates

The metal-reinforced rubber hose market in the United Arab Emirates reduced to $X in 2022, waning by -3% 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, consumption, however, continues to indicate slight growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Metal-Reinforced Rubber Hose Exports

Exports from the United Arab Emirates

In 2022, approx. X tons of rubber hose reinforced with metal were exported from the United Arab Emirates; standing approx. at the previous year's figure. Over the period under review, exports, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2015 when exports increased by 124%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal-reinforced rubber hose exports contracted to $X in 2022. In general, exports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by 63% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for metal-reinforced rubber hose exports from the United Arab Emirates, accounting for a 54% share of total exports. Moreover, metal-reinforced rubber hose exports to India exceeded the volume sent to the second major destination, Tanzania (X tons), twofold. The third position in this ranking was taken by Egypt (X tons), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to India amounted to +64.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+24.9% per year) and Egypt (+52.7% per year).

In value terms, India ($X) emerged as the key foreign market for rubber hose reinforced with metal exports from the United Arab Emirates, comprising 39% of total exports. The second position in the ranking was taken by Egypt ($X), with a 10% share of total exports. It was followed by Tanzania, with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value to India stood at +51.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+47.6% per year) and Tanzania (+10.6% per year).

Export Prices by Country

The average metal-reinforced rubber hose export price stood at $X per ton in 2022, with a decrease of -5.2% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 37%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per ton), while the average price for exports to Tanzania ($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 Benin (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal-Reinforced Rubber Hose Imports

Imports into the United Arab Emirates

In 2022, the amount of rubber hose reinforced with metal imported into the United Arab Emirates declined modestly to X tons, reducing by -3.5% against the previous year's figure. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 33% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, metal-reinforced rubber hose imports declined modestly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 37%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest metal-reinforced rubber hose supplier to the United Arab Emirates, with a 43% share of total imports. Moreover, metal-reinforced rubber hose imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. India (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.0% per year) and India (-11.3% per year).

In value terms, China ($X) constituted the largest supplier of rubber hose reinforced with metal to the United Arab Emirates, comprising 32% of total imports. The second position in the ranking was taken by Italy ($X), with a 9.7% share of total imports. It was followed by India, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-9.4% per year) and India (-6.4% per year).

Import Prices by Country

The average metal-reinforced rubber hose import price stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Czech Republic ($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 (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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