Latest Report Update: Jul 7, 2020

World - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Overview of the Global Market for Conveyor Or Transmission Belts Or Belting

Market Size for Conveyor Or Transmission Belts Or Belting

In 2019, the global conveyor or transmission belt market increased by X% to $X, rising for the second year in a row after six years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. Global consumption peaked in 2019 and is expected to retain growth in the immediate term.

Production of Conveyor Or Transmission Belts Or Belting

In value terms, conveyor or transmission belt production expanded to $X in 2019 estimated in export prices. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2012 to 2019, global production growth failed to regain the momentum.

Production By Country

The countries with the highest volumes of conveyor or transmission belt production in 2019 were China (X tonnes), the U.S. (X tonnes) and Poland (X tonnes), with a combined X% share of global production. Germany, India, Japan, Indonesia, Mexico, Thailand, Brazil, Russia and Turkey lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of conveyor or transmission belt production, amongst the main producing countries, was attained by Turkey, while conveyor or transmission belt production for the other global leaders experienced more modest paces of growth.

Exports of Conveyor Or Transmission Belts Or Belting

Exports

In 2019, the amount of conveyor or transmission belts or belting exported worldwide declined to X tonnes, waning by -X% against 2018 figures. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Global exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

In value terms, conveyor or transmission belt exports declined to $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2012 to 2019, the growth of global exports remained at a lower figure.

Exports by Country

In 2019, China (X tonnes), distantly followed by the U.S. (X tonnes), Germany (X tonnes), India (X tonnes) and Poland (X tonnes) were the major exporters of conveyor or transmission belts or belting, together creating X% of total exports. The following exporters - the Netherlands (X tonnes), Turkey (X tonnes), Taiwan, Chinese (X tonnes), Japan (X tonnes), Thailand (X tonnes), Italy (X tonnes) and Romania (X tonnes) - together made up X% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of conveyor or transmission belts or belting. At the same time, Turkey (+X%), Thailand (+X%), Romania (+X%), India (+X%), the Netherlands (+X%), Poland (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2019. Italy experienced a relatively flat trend pattern. By contrast, Germany (-X%), Taiwan, Chinese (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.), Turkey (+X p.p.), the U.S. (+X p.p.) and Thailand (+X p.p.) increased significantly in terms of the global exports from 2007-2019, the share of Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and the U.S. ($X) were the countries with the highest levels of exports in 2019, with a combined X% share of global exports. These countries were followed by Japan, Italy, the Netherlands, Poland, Thailand, India, Romania, Taiwan, Chinese and Turkey, which together accounted for a further X the main exporting countries, Turkey saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average conveyor or transmission belt export price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne, leveling off in the following year.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Imports of Conveyor Or Transmission Belts Or Belting

Imports

In 2019, after two years of growth, there was decline in purchases abroad of conveyor or transmission belts or belting, when their volume decreased by -X% to X tonnes. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, global imports attained the maximum at X tonnes in 2018, and then declined slightly in the following year.

In value terms, conveyor or transmission belt imports shrank to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Global imports peaked at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

The U.S. (X tonnes) and Canada (X tonnes) represented the major importers of conveyor or transmission belts or belting in 2019, recording approx. X% and X% of total imports, respectively. Germany (X tonnes), Russia (X tonnes), the Netherlands (X tonnes), Brazil (X tonnes), France (X tonnes), Indonesia (X tonnes), South Africa (X tonnes), Australia (X tonnes), Italy (X tonnes) and Mexico (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest conveyor or transmission belt importing markets worldwide were the U.S. ($X), Germany ($X) and France ($X), with a combined X% share of global imports. Russia, Canada, Mexico, Italy, Australia, the Netherlands, Brazil, Indonesia and South Africa lagged somewhat behind, together comprising a further X terms of the main importing countries, Russia recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average conveyor or transmission belt import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while Canada ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for conveyor or transmission belts or belting in the world?
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The countries with the highest volumes of conveyor or transmission belt consumption in 2019 were the U.S. (438K tonnes), China (304K tonnes) and Indonesia (51K tonnes), with a combined 49% share of global consumption. These countries were followed by Canada, Germany, Russia, Brazil, Japan, Mexico, Poland, India and Chile, which together accounted for a further 23%.
What are the largest producers of conveyor or transmission belts or belting in the world?
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The countries with the highest volumes of conveyor or transmission belt production in 2019 were China (425K tonnes), the U.S. (413K tonnes) and Poland (60K tonnes), with a combined 63% share of global production. These countries were followed by Germany, India, Japan, Indonesia, Mexico, Thailand, Brazil, Russia and Turkey, which together accounted for a further 23%.
What are the leading exporters of conveyor or transmission belts or belting in the world?
+
In value terms, the largest conveyor or transmission belt supplying countries worldwide were China ($1B), Germany ($874M) and the U.S. ($398M), with a combined 41% share of global exports. Japan, Italy, the Netherlands, Poland, Thailand, India, Romania, Taiwan, Chinese and Turkey lagged somewhat behind, together accounting for a further 28%.
What are the leading importers of conveyor or transmission belts or belting in the world?
+
In value terms, the U.S. ($659M), Germany ($415M) and France ($274M) constituted the countries with the highest levels of imports in 2019, together accounting for 23% of global imports. Russia, Canada, Mexico, Italy, Australia, the Netherlands, Brazil, Indonesia and South Africa lagged somewhat behind, together accounting for a further 23%.
What is the average export price for conveyor or transmission belts or belting in the world?
+
The average conveyor or transmission belt export price stood at $9,091 per tonne in 2019, approximately equating the previous year.
What is the average import price for conveyor or transmission belts or belting in the world?
+
In 2019, the average conveyor or transmission belt import price amounted to $7,425 per tonne, dropping by -3.2% against the previous year.

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 global market for conveyor or transmission belt. 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 2025.



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

The Latest Trends and Insights into The Industry

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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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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