Textile Rubber Hose Market in Iran
Market Overview
The Iranian textile rubber hose market declined to $
in , shrinking by -% 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). Over the period under review, consumption saw a perceptible downturn. Over the period under review, the market hit record highs at $ in 2011; however, from 2012 to , consumption failed to regain momentum.
in , shrinking by -% 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). Over the period under review, consumption saw a perceptible downturn. Over the period under review, the market hit record highs at $ in 2011; however, from 2012 to , consumption failed to regain momentum.Consumption
In , approx. tons of rubber hose reinforced with textiles were consumed in Iran; stabilizing at . Over the period under review, consumption continues to indicate a pronounced downturn. As a result, consumption reached the peak volume of tons. From 2011 to , the growth of the consumption remained at a somewhat lower figure.
The value of the textile rubber hose market in Iran declined slightly to $ in , which is down by -% 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 saw a pronounced shrinkage. Over the period under review, the market reached the maximum level at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.
, approx. tons of rubber hose reinforced with textiles were consumed in Iran; stabilizing at . Over the period under review, consumption continues to indicate a pronounced downturn. As a result, consumption reached the peak volume of tons. From 2011 to , the growth of the consumption remained at a somewhat lower figure.The value of the textile rubber hose market in Iran declined slightly to $
in , which is down by -% 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 saw a pronounced shrinkage. Over the period under review, the market reached the maximum level at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for textile rubber hose in Iran, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Textile rubber hose market in Iran consists almost entirely of imported products.
Trade Balance
Iran remains a net importer of textile rubber hose; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report