Australia - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Conveyor or Transmission Belt in Australia - 2023
Contents:
- Price for Conveyor or Transmission Belt in Australia (CIF) - 2022
- Price for Conveyor or Transmission Belt in Australia (FOB) - 2022
- Imports of Conveyor or Transmission Belt in Australia
- Exports of Conveyor or Transmission Belt in Australia
Price for Conveyor or Transmission Belt in Australia (CIF) - 2022
In 2022, the average conveyor or transmission belt import price amounted to $7,900 per ton, growing by 5.8% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, conveyor or transmission belt import price increased by +106.2% against 2016 indices. The pace of growth was the most pronounced in 2018 an increase of 59% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($26,833 per ton), while the price for Taiwan (Chinese) ($5,077 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Conveyor or Transmission Belt in Australia (FOB) - 2022
In 2022, the average conveyor or transmission belt export price amounted to $3,332 per ton, with an increase of 8.1% against the previous year. In general, the export price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2016 an increase of 80% against the previous year. Over the period under review, the average export prices attained the maximum at $8,167 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($10,463 per ton), while the average price for exports to China ($919 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.5%), while the prices for the other major destinations experienced a decline.
Imports of Conveyor or Transmission Belt in Australia
In 2022, the amount of conveyor or transmission belts or belting imported into Australia totaled 23K tons, picking up by 2% against the previous year's figure. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 7.2%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, conveyor or transmission belt imports rose markedly to $182M in 2022. The total import value increased at an average annual rate of +13.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Conveyor or Transmission Belt in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.0 | 82.5 | 85.2 | 91.7 | 13.9% |
| United States | 15.9 | 17.6 | 22.0 | 23.7 | 14.2% |
| Thailand | 8.4 | 9.5 | 12.5 | 13.4 | 16.8% |
| Germany | 7.3 | 9.1 | 12.3 | 13.3 | 22.1% |
| Japan | 11.5 | 11.5 | 11.7 | 12.6 | 3.1% |
| India | 3.2 | 2.3 | 2.8 | 3.0 | -2.1% |
| Poland | 0.8 | 4.1 | 2.6 | 2.8 | 51.8% |
| Others | 15.4 | 14.9 | 19.8 | 21.9 | 12.5% |
| Total | 124 | 151 | 169 | 182 | 13.6% |
Top Suppliers of Conveyor or Transmission Belt to Australia in 2022:
- China (15.1K tons)
- Japan (1.7K tons)
- Thailand (1.5K tons)
- United States (1.2K tons)
- Germany (1.1K tons)
- Poland (0.5K tons)
- India (0.5K tons)
Exports of Conveyor or Transmission Belt in Australia
Conveyor or transmission belt exports from Australia contracted rapidly to 9.7K tons in 2022, which is down by -16.4% compared with the previous year's figure. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, the exports attained the peak of 12K tons, and then reduced dramatically in the following year.
In value terms, conveyor or transmission belt exports contracted to $32M in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 5.4% against the previous year.
| Export of Conveyor or Transmission Belt in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 5.5 | 4.9 | 7.6 | 5.9 | 2.4% |
| Indonesia | 5.6 | 3.3 | 7.2 | 5.6 | 0.0% |
| United States | 13.3 | 3.2 | 4.4 | 5.3 | -26.4% |
| Brazil | 3.7 | 9.7 | 4.8 | 4.6 | 7.5% |
| Papua New Guinea | 2.8 | 4.5 | 2.8 | 2.6 | -2.4% |
| India | 1.8 | 0.5 | 1.4 | 1.1 | -15.1% |
| Malaysia | 3.5 | 0.1 | 0.3 | 1.0 | -34.1% |
| China | 0.3 | 0.3 | 1.1 | 0.9 | 44.2% |
| Others | 7.1 | 7.2 | 6.0 | 5.4 | -8.7% |
| Total | 43.6 | 33.8 | 35.6 | 32.2 | -9.6% |
Top Export Markets for Conveyor or Transmission Belt from Australia in 2022:
- United States (2.3K tons)
- Indonesia (1.5K tons)
- Brazil (1.3K tons)
- India (0.9K tons)
- China (0.9K tons)
- Papua New Guinea (0.7K tons)
- New Zealand (0.6K tons)
- Malaysia (0.4K tons)
This report provides an in-depth analysis of the market for conveyor or transmission belt in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22194030 - Rubber transmission belts of trapezoidal and/or striped configuration (including V-belts)
- Prodcom 22194050 - Rubber conveyor belts
- Prodcom 22194070 - Rubber synchronous belts
- Prodcom 22194090 - Rubber transmission belts (excluding V-belts and V-belting, t rapezoidal and/or striped configuration, conveyor belt, s ynchronous belt)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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