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: 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