India - 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 India - 2023
Contents:
- Price for Conveyor or Transmission Belt in India (FOB) - 2023
- Price for Conveyor or Transmission Belt in India (CIF) - 2022
- Exports of Conveyor or Transmission Belt in India
- Imports of Conveyor or Transmission Belt in India
Price for Conveyor or Transmission Belt in India (FOB) - 2023
The average conveyor or transmission belt export price stood at $4,944 per ton in July 2023, surging by 15% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $5,295 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($10,775 per ton), while the average price for exports to Saudi Arabia ($2,770 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Conveyor or Transmission Belt in India (CIF) - 2022
The average conveyor or transmission belt import price stood at $6,280 per ton in 2022, rising by 7.9% against the previous year. In general, the import price, however, recorded a mild contraction. The growth pace was the most rapid in 2017 an increase of 13%. The import price peaked at $7,317 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($42,546 per ton), while the price for Canada ($903 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Conveyor or Transmission Belt in India
In 2022, the amount of conveyor or transmission belts or belting exported from India surged to 44K tons, with an increase of 33% against the previous year. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, conveyor or transmission belt exports surged to $196M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 30%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Conveyor or Transmission Belt in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 39.4 | 34.1 | 43.9 | 52.5 | 10.0% |
| Germany | 10.5 | 9.6 | 16.1 | 19.2 | 22.3% |
| Russia | 13.0 | 8.8 | 6.9 | 11.2 | -4.8% |
| United Arab Emirates | 9.1 | 5.4 | 8.1 | 9.8 | 2.5% |
| South Africa | 6.1 | 6.6 | 6.5 | 7.8 | 8.5% |
| Canada | 4.4 | 2.4 | 5.2 | 6.3 | 12.7% |
| Saudi Arabia | 2.7 | 3.5 | 4.3 | 5.1 | 23.6% |
| Italy | 4.7 | 2.5 | 3.8 | 4.6 | -0.7% |
| Nepal | 3.2 | 2.1 | 3.5 | 4.2 | 9.5% |
| Mexico | 2.6 | 1.7 | 3.0 | 3.6 | 11.5% |
| Nigeria | 1.5 | 2.3 | 2.7 | 3.3 | 30.1% |
| Australia | 3.1 | 1.9 | 2.4 | 2.9 | -2.2% |
| Chile | 1.2 | 1.7 | 2.2 | 2.7 | 31.0% |
| Others | 41.9 | 39.6 | 50.1 | 62.9 | 14.5% |
| Total | 144 | 122 | 159 | 196 | 10.8% |
Top Export Markets for Conveyor or Transmission Belt from India in 2022:
- United States (12.1K tons)
- Russia (2.7K tons)
- United Arab Emirates (2.6K tons)
- Germany (2.4K tons)
- Canada (2.1K tons)
- Saudi Arabia (2.1K tons)
- South Africa (1.9K tons)
- Italy (1.7K tons)
- Nigeria (1.0K tons)
- Australia (0.8K tons)
- Nepal (0.8K tons)
- Mexico (0.8K tons)
- Chile (0.8K tons)
Imports of Conveyor or Transmission Belt in India
In 2022, approx. 19K tons of conveyor or transmission belts or belting were imported into India; with an increase of 1.5% on the year before. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, conveyor or transmission belt imports expanded rapidly to $117M in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Conveyor or Transmission Belt in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.4 | 20.9 | 30.9 | 33.5 | 5.7% |
| Germany | 13.0 | 15.8 | 16.6 | 18.0 | 11.5% |
| Japan | 7.3 | 5.1 | 8.8 | 9.5 | 9.2% |
| Belgium | 6.8 | 4.5 | 5.6 | 6.0 | -4.1% |
| United States | 5.6 | 4.3 | 4.8 | 5.3 | -1.8% |
| Thailand | 3.0 | 2.9 | 4.5 | 4.9 | 17.8% |
| Netherlands | 1.5 | 1.6 | 3.2 | 3.5 | 32.6% |
| South Korea | 3.3 | 2.6 | 2.4 | 2.9 | -4.2% |
| Australia | 2.1 | 1.2 | 2.5 | 2.7 | 8.7% |
| Spain | 0.9 | 0.9 | 1.5 | 1.6 | 21.1% |
| Malaysia | 0.6 | 0.7 | 0.9 | 1.0 | 18.6% |
| Canada | 0.3 | 0.5 | 0.4 | 0.4 | 10.1% |
| Others | 21.9 | 15.8 | 24.6 | 27.5 | 7.9% |
| Total | 94.8 | 76.9 | 107 | 117 | 7.3% |
Top Suppliers of Conveyor or Transmission Belt to India in 2022:
- China (9.3K tons)
- Australia (1.5K tons)
- United States (1.2K tons)
- Germany (0.8K tons)
- Spain (0.8K tons)
- Malaysia (0.7K tons)
- Belgium (0.7K tons)
- Canada (0.5K tons)
- Netherlands (0.5K tons)
- Thailand (0.4K tons)
- Japan (0.3K tons)
- South Korea (0.3K tons)
This report provides an in-depth analysis of the market for conveyor or transmission belt in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
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In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
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TGW, a global leading manufacturer of dynamic automated logistics solutions for warehousing, production, order picking and distribution, has opened a manufacturing site in Changzhou, China.
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In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
2399
In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
1245
The global trade in conveyor or transmission belts or belting amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by recovery over the next two years, unti
1876
TGW, a global leading manufacturer of dynamic automated logistics solutions for warehousing, production, order picking and distribution, has opened a manufacturing site in Changzhou, China.
