Africa: Rubber Transmission Belts Market 2020

Rubber Transmission Belts Market Size in Africa

The revenue of the rubber transmission belts market in Africa amounted to $X in 2017, increasing by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2017, when market value increased by X% year-to-year. Over the period under review, the rubber transmission belts market reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Rubber Transmission Belts Production in Africa

In 2017, approx. X tons of rubber transmission belts were produced in Africa; remaining relatively unchanged against the previous year. The rubber transmission belts production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. The volume of rubber transmission belts production peaked of X tons in 2016, leveling off in the following year.

Rubber Transmission Belts Exports in Africa

The exports totaled X tons in 2017, going down by -X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The volume of exports peaked of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, rubber transmission belts exports amounted to $X in 2017. The rubber transmission belts exports continue to indicate a relatively flat trend pattern. Over the period under review, the rubber transmission belts exports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Rubber Transmission Belts Exports by Country in Africa

In 2017, South Africa (X tons) were the major exporters of rubber transmission belts in Africa, creating X% of total export.

South Africa was also the fastest growing in terms of the rubber transmission belts exports, with a CAGR of +X% from 2007 to 2017. South Africa (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest rubber transmission belts supplier in Africa.

In South Africa, rubber transmission belts exports increased at an average annual rate of +X% over the period from 2007-2017.

Rubber Transmission Belts Export Prices by Country in Africa

In 2017, the rubber transmission belts export price in Africa amounted to $X per ton, increasing by X% against the previous year. The rubber transmission belts export price continues to indicate a mild decrease. The growth pace was the most rapid in 2017, when the export prices increased by X% against the previous year. The level of export price peaked of $X per kg in 2014; however, from 2015 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for South Africa.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (-X% per year).

Rubber Transmission Belts Imports in Africa

In 2017, approx. X tons of rubber transmission belts were imported in Africa; waning by -X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. Over the period under review, the rubber transmission belts imports attained its maximum volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, rubber transmission belts imports totaled $X in 2017. The total imports indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the rubber transmission belts imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Rubber Transmission Belts Imports by Country in Africa

In 2017, South Africa (X tons) and Algeria (X tons) represented the key importers of rubber transmission belts in the globe, together accounting for near X% of total imports. Egypt (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Nigeria (X%) and Ethiopia (X%). Morocco (X tons), Tunisia (X tons) and Kenya (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest rubber transmission belts markets worldwide were South Africa ($X), Algeria ($X) and Nigeria ($X), with a combined X% share of total imports.

In terms of the main importing countries , Nigeria (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Rubber Transmission Belts Import Prices by Country in Africa

In 2017, the rubber transmission belts import price in Africa amounted to $X per kg, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017, when the import prices increased by X% against the previous year. In that year, the import prices for rubber transmission belts reached their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Nigeria ($X per kg), while Ethiopia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Egypt (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform