Japan - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 15, 2024

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

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Price for Conveyor or Transmission Belt in Japan - 2023

Contents:

  1. Price for Conveyor or Transmission Belt in Japan (FOB) - 2022
  2. Price for Conveyor or Transmission Belt in Japan (CIF) - 2023
  3. Exports of Conveyor or Transmission Belt in Japan
  4. Imports of Conveyor or Transmission Belt in Japan

Price for Conveyor or Transmission Belt in Japan (FOB) - 2022

The average conveyor or transmission belt export price stood at $23,479 per ton in 2022, rising by 8.4% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 export price increased by +65.7% against 2013 indices. The most prominent rate of growth was recorded in 2020 an increase of 12% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($54,274 per ton), while the average price for exports to Chile ($5,952 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 India (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In July 2023, the average conveyor or transmission belt import price amounted to $6,046 per ton, growing by 17% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $7,325 per ton in February 2023; however, from March 2023 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 South Korea ($10,061 per ton), while the price for Vietnam ($3,011 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 Indonesia (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Conveyor or Transmission Belt in Japan

In 2022, the amount of conveyor or transmission belts or belting exported from Japan fell to 15K tons, shrinking by -12.9% on the previous year. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 20%.

In value terms, conveyor or transmission belt exports contracted to $349M in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $370M, and then fell in the following year.

Export of Conveyor or Transmission Belt in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States64.650.173.076.75.9%
China40.536.951.350.07.3%
Taiwan (Chinese)17.919.922.919.32.5%
Germany16.514.118.018.53.9%
South Korea11.812.115.714.46.9%
Indonesia12.39.317.314.35.2%
Hong Kong SAR22.518.321.613.4-15.9%
Chile14.87.68.411.0-9.4%
Peru7.25.85.910.914.8%
India5.94.77.38.412.5%
Philippines8.76.47.87.1-6.5%
Australia7.89.08.85.1-13.2%
Canada4.02.82.34.00.0%
Others10281.010995.9-2.0%
Total3362783703491.3%

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

  1. United States (2.4K tons)
  2. China (2.2K tons)
  3. Chile (1.8K tons)
  4. Indonesia (1.4K tons)
  5. Peru (1.3K tons)
  6. Australia (0.8K tons)
  7. Taiwan (Chinese) (0.7K tons)
  8. Philippines (0.5K tons)
  9. Germany (0.5K tons)
  10. Canada (0.4K tons)
  11. South Korea (0.4K tons)
  12. India (0.3K tons)
  13. Hong Kong SAR (0.2K tons)

Imports of Conveyor or Transmission Belt in Japan

In 2022, approx. 16K tons of conveyor or transmission belts or belting were imported into Japan; increasing by 28% on 2021 figures. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, conveyor or transmission belt imports soared to $93M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Conveyor or Transmission Belt in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.225.430.444.79.3%
Thailand7.58.510.09.68.6%
Indonesia12.810.410.99.1-10.7%
Taiwan (Chinese)5.85.35.45.90.6%
Others18.618.422.623.27.6%
Total78.968.179.392.65.5%

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

  1. China (11.8K tons)
  2. Indonesia (1.1K tons)
  3. Thailand (1.0K tons)
  4. Taiwan (Chinese) (0.9K tons)

Source: IndexBox Market Intelligence Platform

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

  • Japan

Data coverage:

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