Textile Rubber Hose Market in Russia
Market Overview
The Russian textile rubber hose market stood at $
in , remaining constant 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). In general, consumption showed a perceptible slump. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
In value terms, textile rubber hose production amounted to $ in estimated in export price. In general, production continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2008; however, from 2009 to , production remained at a lower figure.
in , remaining constant 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). In general, consumption showed a perceptible slump. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.In value terms, textile rubber hose production amounted to $
in estimated in export price. In general, production continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2008; however, from 2009 to , production remained at a lower figure.Consumption
In , consumption of rubber hose reinforced with textiles decreased by -% to tons, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption saw a perceptible curtailment. Textile rubber hose consumption peaked at tons in 2007; however, from 2008 to , consumption remained at a lower figure.
The size of the textile rubber hose market in Russia dropped slightly to $ in , waning 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 decrease. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption remained at a lower figure.
, consumption of rubber hose reinforced with textiles decreased by -% to tons, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption saw a perceptible curtailment. Textile rubber hose consumption peaked at tons in 2007; however, from 2008 to , consumption remained at a lower figure.The size of the textile rubber hose market in Russia dropped slightly to $
in , waning 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 decrease. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for textile rubber hose in Russia, the market is expected to continue its downward consumption trend over the next eight years. 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 .Trade Balance
Russia remains a net importer of textile rubber hose; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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