In 2023, the United States led the global export of non-reinforced rubber tubes, pipes, or hoses with a significant market share, closely followed by Germany and China. While the industry showed positive year-on-year growth, highlighted by China's 3.59% and Mexico's 3.84% increases, Japan experienced a notable decline of 5.82%. The Czech Republic, Italy, and Switzerland also faced downward trends. Emerging markets such as the Philippines and Mongolia displayed substantial growth, with the Philippines' exports surging by over 20%. Overall, the sector experienced varied growth patterns influenced by regional economic activities.
Looking forward, increased demand for automotive and industrial applications is expected to drive growth in the export of rubber products. Countries investing in technological advancements and sustainable material development will likely gain competitive advantages. The emergence of Asia as a manufacturing hub, considering China's strategic position, could play a pivotal role in shaping future trends. Additionally, shifts in global trade policies and environmental regulations will influence export dynamics.
Top countries in Export of Rubber Tube, Pipe or Hose Not Reinforced without Fittings Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 17.1 | 2023 | +2.43% | +2.55% | View data |
| 2 | 2 Germany | 15.16 | 2023 | +1.69% | +1.34% | View data |
| 3 | 3 China | 14.46 | 2023 | +3.41% | +3.59% | View data |
| 4 | 4 Thailand | 8.58 | 2023 | +2.42% | +2.79% | View data |
| 5 | 5 Japan | 8.51 | 2023 | -3.91% | -5.82% | View data |
| 6 | 6 Poland | 7.21 | 2023 | +4.3% | +1.87% | View data |
| 7 | 7 Mexico | 3.86 | 2023 | +4.21% | +3.84% | View data |
| 8 | 8 France | 2.49 | 2023 | +1.25% | +1.14% | View data |
| 9 | 9 Malaysia | 2.41 | 2023 | +2.43% | +2.89% | View data |
| 10 | 10 South Korea | 1.94 | 2023 | +2.84% | +3.2% | View data |
