The 2023 global export market for rubber tubes, pipes, or hoses reinforced with metal saw China leading with a strong growth rate of 3.47%, maintaining its top position. Italy and the United States followed, with minor increases of 0.41% and 1.66% respectively. Notable growth was seen in Malaysia (3.96%) and Poland (5.43%). Some countries, such as Armenia, experienced significant growth at 71.01%, albeit from a smaller base, while others like the United Kingdom and Luxembourg faced declines at -5.09% and -16.4% respectively. Most other countries displayed steady growth trends.
In 2024 and beyond, several trends merit attention. The increasing demand in Asian markets, particularly China and Malaysia, could drive export shares higher. Emerging markets showing high percentage growth, like Kazakhstan and Greece, might continue to capture larger shares. The market could also witness technological advancements in manufacturing, enhancing efficiency and product quality, potentially shifting country standings. Monitoring policies on environmental impact and sustainability might also influence global competitiveness in this sector.
Top countries in Export of Rubber Tube, Pipe or Hose Reinforced or Otherwise Combined Only with Metal Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 17.8 | 2023 | +3.71% | +3.47% | View data |
| 2 | 2 Italy | 14.28 | 2023 | +0.96% | +0.41% | View data |
| 3 | 3 United States | 10.46 | 2023 | +2.55% | +1.66% | View data |
| 4 | 4 Germany | 8.44 | 2023 | +2.32% | +2.16% | View data |
| 5 | 5 Malaysia | 6.84 | 2023 | +4.79% | +3.96% | View data |
| 6 | 6 Czech Republic | 6.11 | 2023 | +3.56% | +1.88% | View data |
| 7 | 7 Thailand | 4.72 | 2023 | +2.4% | +2.38% | View data |
| 8 | 8 Belgium | 4.64 | 2023 | +3.17% | +2.31% | View data |
| 9 | 9 Poland | 4.14 | 2023 | +4.53% | +5.43% | View data |
| 10 | 10 India | 3.91 | 2023 | +4.12% | +3.69% | View data |
