Latest Report Update: Dec 28, 2019

Asia - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Conveyor Belt Market Overview 2020

Conveyor Belt Market Size in Asia

The revenue of the conveyor belt market in Asia amounted to $X in 2018, jumping by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. In that year, the conveyor belt market reached its peak level of $X. From 2012 to 2018, the growth of the conveyor belt market failed to regain its momentum.

Conveyor Belt Production in Asia

In value terms, conveyor belt production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, conveyor belt production reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Production By Country in Asia

China (X tonnes) constituted the country with the largest volume of conveyor belt production, accounting for X% of total production. Moreover, conveyor belt production in China exceeded the figures recorded by the region's second-largest producer, India (X tonnes), more than tenfold. Japan (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2018, the average annual growth rate of volume in China stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: India (-X% per year) and Japan (-X% per year).

Conveyor Belt Exports

Exports in Asia

In 2018, the conveyor belt exports in Asia totaled X tonnes, surging by X% against the previous year. The total exports indicated a buoyant expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, conveyor belt exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The volume of exports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, conveyor belt exports totaled $X in 2018. The total exports indicated conspicuous growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, conveyor belt exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, conveyor belt exports reached their peak figure at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China prevails in conveyor belt exports structure, reaching X tonnes, which was near X% of total exports in 2018. India (X tonnes) ranks second in terms of the total exports with a X% share, followed by Japan (X%) and Turkey (X%). The following exporters - Taiwan, Chinese (X tonnes) and Thailand (X tonnes) - each amounted to an X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Turkey (+X%), Thailand (+X%) and India (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter in Asia, with a CAGR of +X% from 2007-2018. By contrast, Taiwan, Chinese (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), India (+X p.p.), Turkey (+X p.p.) and Thailand (+X p.p.) increased significantly in terms of the total exports from 2007-2018, the share of Taiwan, Chinese (-X p.p.) and Japan (-X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest conveyor belt supplier in Asia, comprising X% of total conveyor belt exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In China, conveyor belt exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Thailand (+X% per year).

Export Prices by Country

The conveyor belt export price in Asia stood at $X per tonne in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the conveyor belt export price, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, the export prices for conveyor or transmission belts or belting reached their maximum at $X per tonne in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Conveyor Belt Imports

Imports in Asia

In 2018, approx. X tonnes of conveyor or transmission belts or belting were imported in Asia; coming down by -X% against the previous year. The total imports indicated a conspicuous expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, conveyor belt imports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. The volume of imports peaked at X tonnes in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, conveyor belt imports stood at $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, conveyor belt imports reached their maximum at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

The imports of the twelve major importers of conveyor or transmission belts or belting, namely Indonesia, Viet Nam, India, South Korea, China, Japan, Kazakhstan, Saudi Arabia, Malaysia, Thailand, Turkey and the Philippines, represented more than two-thirds of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported conveyor or transmission belts or belting in Asia, comprising X% of total conveyor belt imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

In China, conveyor belt imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: India (+X% per year) and Indonesia (+X% per year).

Import Prices by Country

The conveyor belt import price in Asia stood at $X per tonne in 2018, rising by X% against the previous year. Over the period under review, the conveyor belt import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 an increase of X% year-to-year. The level of import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Turkey ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

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)

This report provides an in-depth analysis of the conveyor belt market in Asia. 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.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Hong Kong SAR
• China, Macao SAR
• Georgia
• Iran
• Iraq
• Jordan
• Kuwait
• Kyrgyzstan
• Lebanon
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Palestine
• Sri Lanka
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Timor-Leste
• Turkmenistan
• Uzbekistan
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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