Eastern Europe: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Market Size in Eastern Europe

The East European metal-reinforced rubber hose market surged to $X in 2023, growing by X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level in 2023 and is likely to continue growth in years to come.

Metal-Reinforced Rubber Hose Production in Eastern Europe

In value terms, metal-reinforced rubber hose production totaled $X in 2023 estimated in export price. In general, production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked in 2023 and is expected to retain growth in years to come.

Metal-Reinforced Rubber Hose Exports

Exports in Eastern Europe

In 2023, shipments abroad of rubber hose reinforced with metal decreased by X% to X tons, falling for the second consecutive year after ten years of growth. In general, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, metal-reinforced rubber hose exports declined to $X in 2023. Overall, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X tons) and the Czech Republic (X tons) dominates exports structure, together generating X% of total exports. It was distantly followed by Belarus (X tons) and Romania (X tons), together achieving a X% share of total exports. Russia (X tons) held a minor share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belarus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Belarus ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Metal-Reinforced Rubber Hose Imports

Imports in Eastern Europe

In 2023, imports of rubber hose reinforced with metal in Eastern Europe reduced remarkably to X tons, falling by X% compared with the previous year. Overall, imports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, metal-reinforced rubber hose imports shrank to $X in 2023. In general, imports, however, posted a temperate increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Russia (X tons) and Poland (X tons) were the key importers of rubber hose reinforced with metal in 2023, recording approx. X% and X% of total imports, respectively. It was distantly followed by the Czech Republic (X tons), committing a X% share of total imports. The following importers - Ukraine (X tons), Belarus (X tons), Slovakia (X tons) and Romania (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

In terms of the main importing countries, Poland, with a CAGR of X%, recorded the highest growth rate of 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

The import price in Eastern Europe stood at $X per ton in 2023, increasing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Romania ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform