Central Asia: Rubber Transmission Belts Market 2020

Rubber Transmission Belts Market Size in Central Asia

The revenue of the rubber transmission belts market in Central Asia amounted to $X in 2017, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The rubber transmission belts consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when market value increased by X% against the previous year. Over the period under review, the rubber transmission belts market attained its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Rubber Transmission Belts Exports in Central Asia

The exports totaled X tons in 2017, growing by X% against the previous year. The rubber transmission belts exports continue to indicate a prominent growth. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, the rubber transmission belts exports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, rubber transmission belts exports totaled $X in 2017. The rubber transmission belts exports continue to indicate a remarkable increase. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Rubber Transmission Belts Exports by Country in Central Asia

Kazakhstan dominates rubber transmission belts exports structure, reaching X tons, which was near X% of total exports in 2017. It was distantly followed by Kyrgyzstan (X kg), mixed up X% share of total exports.

Exports from Kazakhstan increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing exporter in Central Asia, with a CAGR of +X% from 2007-2017. Kyrgyzstan (-X%) and Kazakhstan (-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, Kazakhstan ($X) remains the largest rubber transmission belts supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan stood at +X%.

Rubber Transmission Belts Export Prices by Country in Central Asia

The rubber transmission belts export price in Central Asia stood at $X per kg in 2017, going up by X% against the previous year. The rubber transmission belts export price continues to indicate a moderate decrease. The pace of growth was the most pronounced in 2014, an increase of X% year-to-year. Over the period under review, the export prices for rubber transmission belts attained its peak figure level of $X per kg in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Kazakhstan ($X per kg), while Kyrgyzstan ($X per ton) was amongst the lowest.

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

Rubber Transmission Belts Imports in Central Asia

In 2017, the amount of rubber transmission belts imported in Central Asia stood at X tons, rising by X% against the previous year. The rubber transmission belts imports continue to indicate a moderate reduction. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, rubber transmission belts imports amounted to $X in 2017. The rubber transmission belts imports continue to indicate a moderate expansion. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Rubber Transmission Belts Imports by Country in Central Asia

Kazakhstan dominates rubber transmission belts imports structure, resulting at X tons, which was approx. X% of total imports in 2017. It was distantly followed by Mongolia (X tons), achieving X% share of total imports. Kyrgyzstan (X tons) occupied the weak share of total imports.

Imports into Kazakhstan decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Mongolia (+X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. By contrast, Kyrgyzstan (-X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X%) increased significantly in terms of the global imports from 2007-2017, the share of Mongolia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported rubber transmission belts in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, rubber transmission belts imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Mongolia (+X% per year) and Kyrgyzstan (-X% per year).

Rubber Transmission Belts Import Prices by Country in Central Asia

The rubber transmission belts import price in Central Asia stood at $X per kg in 2017, growing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009, when the import prices increased by X% year-to-year. The level of import price peaked in 2017, and is likely to see steady growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kazakhstan ($X per kg), while Mongolia ($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 Kazakhstan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform