Japanese Rubber Hose Industry Sees Third Consecutive Year of Declining Production, Shipment Value

The Japan Rubber Hose Manufacturers Association has used statistics from the Ministry of Economy, Trade and Industry (METI) to compile results for Japan’s rubber hose sector in 2019. Figures here show that the sector’s production volume using new rubber fell 10.9 percent year-on-year to 34,593 tons, with shipment value down 1.4 percent to 142.53 billion yen ($1.33 billion). This marks…