Which Country Imports the Most Conveyor Belts in the World?

Other Rubber Products May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Which Country Imports the Most Conveyor Belts in the World?

IndexBox has just published a new report "World: Contact Lenses ; Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the global imports of contact lens totaled 810K tonnes, jumping by 12% against the previous year figure. Overall, it indicated a strong expansion from 2007 to 2016: the total imports volume increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, contact lens imports increased by +95.2% against its level of 2008. The most prominent rate of growth was recorded in 2014, an increase of 14% y;o;y. Global contact lens import peaked in 2016, and are likely to see steady growth in the immediate term.

In value terms, contact lens imports stood at $25B in 2016. The total import value increased at an average annual rate of +2.6% over the period from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, global contact lens imports attained its maximum level of $28B in 2012; however, from 2013 to 2016, it stood at a somewhat lower level.

Top Contact Lens Importing Countries in the World

1. China (6.5 billion USD)

2. South Korea (1.7 billion USD)

3. United Kingdom (0.9 billion USD)

4. Slovakia (0.2 billion USD)

5. Turkey (0.2 billion USD)

6. Ireland (0.1 billion USD)

Contact Lens Imports By Country

China (464K tonnes) represented the major importer of contact lens in the world, accounting for 464K tonnes, which was near 57% of total imports in 2016. It was distantly followed by South Korea (169K tonnes), comprising 21% share of total contact lens imports. The UK (28K tonnes), Slovakia (24K tonnes), Ireland (13K tonnes), and Turkey (13K tonnes) followed a long way behind this figure.

From 2007 to 2016, average annual rates of growth with regard to contact lens imports into China stood at +23.1%. At the same time, Turkey (+39.9%), Slovakia (+29.7%), the UK (+18.3%), South Korea (+1.4%), and Ireland (+1.1%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest growing importer/exporter in the world, with a CAGR of +39.9% from 2007;2016. South Korea (;2.5%), Slovakia (;2.6%), the UK (;2.7%), and China (;48.5%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($6.5B) constitutes the largest market for imported contact lens worldwide, making up 26% of global imports. The second position in the ranking was occupied by South Korea ($1.7B), with the share of 7% of global imports. It was followed by the UK, with the share of 4%.

From 2007 to 2016, the average annual growth rate of value of contact lens imports in China expanded at +2.3%. The remaining importing countries recorded the following average annual rates: South Korea (+0.1% per year) and the UK (+1.2% per year).

Contact Lens Import Prices By Country

In 2016, the average import price for contact lens amounted to $30 per kg, going down by ;14.1% against the previous year. In general, contact lens import price continues to indicate a drastic decrease. The growth pace was the most rapid in 2008, when import increased by 21% year;to;year. In that year, average contact lens import price reached its maximum level of $54 per kg. From 2009 to 2016, growth of average contact lens import price failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the UK ($31 per kg), while Ireland ($5,526 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of contact lens import prices was attained by Slovakia (+6.1% per year), while the other global leaders experienced a decline in the import price figures.

Do you want to know more about global contact lens market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • contact lens market share
  • contact lens prices
  • contact lens industry
  • contact lens sales
  • contact lens import
  • contact lens export
  • contact lens market forecast
  • contact lens price forecast
  • key contact lens producers

All data provided in this article covers the following product: HS Code 9001 ; Optical fibres and optical fibre bundles; optical fibre cables not of heading no. 8544; sheets, plates of polarising material; lenses, prisms, mirrors, of any material; unmounted; not non optical glass.

Source: World: Contact Lenses ; Market Report. Analysis and Forecast to 2025"

"IndexBox has just published a new report "World: Conveyor Or Transmission Belts Or Belting - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of conveyor belt imported worldwide amounted to 508K tonnes, going down by -20.5% against the previous year figure. In general, conveyor belt imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when imports increased by 31% year-to-year. In that year, global conveyor belt imports reached its maximum volume of 757K tonnes. From 2011 to 2016, growth of global conveyor belt imports stood at a somewhat lower level.

In value terms, conveyor belt imports totaled $5.3B in 2016. In general, conveyor belt imports continue to indicate a modest expansion. Over the period under review, global conveyor belt imports reached its maximum level of $6.5B in 2012- however, from 2013 to 2016, it stood at a somewhat lower level.

Top Conveyor Belt Importing Countries in the World

1. Germany (424.2 million USD)

2. France (273.4 million USD)

3. China (262.0 million USD)

4. Russia (161.7 million USD)

5. Mexico (152.4 million USD)

6. Italy (151.9 million USD)

7. Australia (111.5 million USD)

8. Netherlands (97.6 million USD)

9. Brazil (91.3 million USD)

10. Indonesia (78.2 million USD)

11. South Korea (68.4 million USD)

12. South Africa (60.3 million USD)

Conveyor Belt Imports By Country

In 2016, Germany (41K tonnes), Australia (29K tonnes), Mexico (27K tonnes), Russia (19K tonnes), the Netherlands (18K tonnes), France (17K tonnes), Italy (17K tonnes), Indonesia (16K tonnes), China (16K tonnes), South Africa (15K tonnes), Brazil (15K tonnes), and South Korea (14K tonnes) represented the largest importers of conveyor belt in the world, generating 48% of total import.

From 2007 to 2016, the most notable growth rate of conveyor belt imports, among the main importing countries, was attained by Australia (nan% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($424M), France ($273M) and China ($262M) were the countries with the highest levels of imports in 2016, with a combined 18% share of global imports. These countries were followed by Russia, Mexico, Italy, Australia, the Netherlands, Brazil, Indonesia, South Korea and South Africa, which together accounted for a further 18%.

Indonesia (+7.2% per year) had the highest growth rate of conveyor belt imports, among the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Conveyor Belt Import Prices By Country

The average conveyor belt import price stood at $10 per kg in 2016, jumping by 19% against the previous year. Overall, conveyor belt import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when import price increased by 36% against the previous year level. Over the period under review, average conveyor belt import price reached its maximum level in 2016, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by country of destination. the country with the highest import prices was China ($17 per kg), while Australia ($3,799 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of conveyor belt import prices was attained by Russia (+5.3% per year), while the other global leaders experienced mixed trends in the import price figures.

Do you want to know more about global conveyor belt market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • conveyor belt market share
  • conveyor belt prices
  • conveyor belt industry
  • conveyor belt sales
  • conveyor belt import
  • conveyor belt export
  • conveyor belt market forecast
  • conveyor belt price forecast
  • key conveyor belt producers

All data provided in this article covers the following product: HS Code 4010 - Conveyor or transmission belts or belting, of vulcanised rubber.

Source: World: Conveyor Or Transmission Belts Or Belting - Market Report. Analysis and Forecast to 2025