According to data compiled by the Japan Rubber Hose Manufacturers Association based on Ministry of Economy, Trade and Industry (METI) statistics, production and shipments of rubber hoses in 2024 totaled 31,662 tons in new rubber volume, down 6.6% from the previous year, and shipments were 135.83 billion yen ($914.26 million), down 4.5%. This was the first time in four years…