Ireland - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Ireland - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights

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Price for Conveyor or Transmission Belt in Ireland - 2023

Contents:

  1. Price for Conveyor or Transmission Belt in Ireland (CIF) - 2023
  2. Price for Conveyor or Transmission Belt in Ireland (FOB) - 2023
  3. Imports of Conveyor or Transmission Belt in Ireland
  4. Exports of Conveyor or Transmission Belt in Ireland

Price for Conveyor or Transmission Belt in Ireland (CIF) - 2023

In July 2023, the average conveyor or transmission belt import price amounted to $9,330 per ton, rising by 2.7% against the previous month. In general, the import price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in March 2023 when the average import price increased by 119% against the previous month. The import price peaked at $19,132 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Luxembourg ($35,596 per ton), while the price for China ($2,400 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Conveyor or Transmission Belt in Ireland (FOB) - 2023

The average conveyor or transmission belt export price stood at $47,840 per ton in July 2023, growing by 23% against the previous month. Overall, export price indicated a notable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, conveyor or transmission belt export price increased by +23.1% against June 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 44% m-o-m. The export price peaked in July 2023.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the United States ($295K per ton), while the average price for exports to Austria ($15,603 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 United States (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Conveyor or Transmission Belt in Ireland

Conveyor or transmission belt imports into Ireland rose modestly to 1.7K tons in 2022, growing by 4.9% on the previous year's figure. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, conveyor or transmission belt imports expanded sharply to $20M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Conveyor or Transmission Belt in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.22.53.65.031.5%
United Kingdom5.35.74.93.8-10.5%
Belgium1.31.41.72.727.6%
Netherlands1.20.62.41.916.6%
China0.60.30.91.638.7%
TurkeyN/A0.10.10.6144.9%
India0.80.91.20.4-20.6%
Sweden0.20.20.20.20.0%
Others2.62.04.24.015.4%
Total14.313.719.320.412.6%

Top Suppliers of Conveyor or Transmission Belt to Ireland in 2022:

  1. China (534.5 tons)
  2. Netherlands (237.0 tons)
  3. Turkey (222.6 tons)
  4. United Kingdom (211.2 tons)
  5. Germany (170.2 tons)
  6. India (139.1 tons)
  7. Belgium (58.5 tons)
  8. Sweden (28.4 tons)

Exports of Conveyor or Transmission Belt in Ireland

In 2022, conveyor or transmission belt exports from Ireland rose markedly to 372 tons, surging by 12% against the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.2% 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 +52.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, conveyor or transmission belt exports rose rapidly to $13M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +55.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Conveyor or Transmission Belt in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,7143,9175,4856,72921.9%
Belgium59066365881911.6%
France35938046274927.8%
Spain42441462069217.7%
United Kingdom725666568605-5.9%
Italy37139945851111.3%
Poland17219450038831.1%
Australia67.716213617236.5%
Austria66.392.310517036.9%
United States45.427.613815951.9%
Sweden77.485.010115826.9%
KyrgyzstanN/AN/AN/A1410%
New Zealand49.281.588.410428.3%
Others2,9461,5372,4762,029-11.7%
Total9,6088,61811,79513,42611.8%

Top Export Markets for Conveyor or Transmission Belt from Ireland in 2022:

  1. Germany (124.9 tons)
  2. United Kingdom (47.6 tons)
  3. France (20.6 tons)
  4. Spain (19.1 tons)
  5. Kyrgyzstan (18.4 tons)
  6. Belgium (16.7 tons)
  7. Poland (14.0 tons)
  8. United States (12.1 tons)
  9. Italy (11.6 tons)
  10. Sweden (10.9 tons)
  11. Austria (8.0 tons)
  12. New Zealand (7.8 tons)
  13. Australia (5.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for conveyor or transmission belt in Ireland. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ireland
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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