Asia: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in Asia

The Asian non-reinforced rubber tubing market stood at $X in 2023, approximately mirroring the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2023, the growth of the market remained at a somewhat lower figure.

Non-Reinforced Rubber Tubing Production in Asia

In value terms, non-reinforced rubber tubing production expanded to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Non-Reinforced Rubber Tubing Exports

Exports in Asia

For the third consecutive year, Asia recorded growth in shipments abroad of rubber tubing not reinforced, which increased by X% to X tons in 2023. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked in 2023 and is expected to retain growth in years to come.

In value terms, non-reinforced rubber tubing exports rose rapidly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in years to come.

Exports by Country

China was the main exporter of rubber tubing not reinforced in Asia, with the volume of exports resulting at X tons, which was near X% of total exports in 2023. Malaysia (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (X%), Turkey (X%) and Japan (X%). South Korea (X tons) and India (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to non-reinforced rubber tubing exports from China stood at X%. At the same time, Turkey (X%), South Korea (X%), India (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. By contrast, Thailand (X%) and Japan (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Turkey (X p.p.) and South Korea (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Thailand (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-reinforced rubber tubing supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual growth rate of value in China stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2023, the export price in Asia amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price saw a mild shrinkage. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

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

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

Non-Reinforced Rubber Tubing Imports

Imports in Asia

After three years of decline, overseas purchases of rubber tubing not reinforced increased by X% to X tons in 2023. In general, imports, however, continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, non-reinforced rubber tubing imports reduced to $X in 2023. Overall, imports, however, recorded a slight reduction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Japan (X tons), Vietnam (X tons), Hong Kong SAR (X tons), China (X tons), Indonesia (X tons), Thailand (X tons), the United Arab Emirates (X tons), South Korea (X tons), the Philippines (X tons), Pakistan (X tons), Kazakhstan (X tons) and India (X tons) represented roughly X% of total imports in 2023. Singapore (X tons) took a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Vietnam ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports. Thailand, Hong Kong SAR, Indonesia, the United Arab Emirates, South Korea, India, the Philippines, Singapore, Kazakhstan and Pakistan lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Philippines, with a CAGR of X%, saw 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 Asia stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per ton in 2022, and then shrank in the following year.

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 China ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform