World - Conveyor or Transmission Belts or Belting - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOverview of the Global Market for Conveyor Or Transmission Belts Or Belting
Market Size for Conveyor Or Transmission Belts Or Belting
The global conveyor or transmission belt market contracted modestly to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the global market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.
Production of Conveyor Or Transmission Belts Or Belting
In value terms, conveyor or transmission belt production reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by X%. Global production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.
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Exports of Conveyor Or Transmission Belts Or Belting
Exports
In 2022, shipments abroad of conveyor or transmission belts or belting increased by X% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the global exports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, conveyor or transmission belt exports rose notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
Exports by Country
China was the main exporter of conveyor or transmission belts or belting in the world, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by the United States (X tons), creating an X% share of total exports. The following exporters - India (X tons), Germany (X tons), Poland (X tons), Turkey (X tons), the Netherlands (X tons), Canada (X tons), Taiwan (Chinese) (X tons), Romania (X tons), Italy (X tons), Hungary (X tons) and Japan (X tons) - together made up X% of total exports.
From 2012 to 2022, average annual rates of growth with regard to conveyor or transmission belt exports from China stood at X%. At the same time, Turkey (X%), Germany (X%), India (X%), the Netherlands (X%) and Italy (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Romania, Poland, the United States, Canada and Hungary experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Turkey increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X), Germany ($X) and the United States ($X) were the countries with the highest levels of exports in 2022, together comprising X% of global exports. Japan, Italy, Poland, the Netherlands, India, Romania, Canada, Turkey, Taiwan (Chinese) and Hungary lagged somewhat behind, together comprising a further X%.
Turkey, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices by Country
The average conveyor or transmission belt export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price saw a slight decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other global leaders experienced more modest paces of growth.
Imports of Conveyor Or Transmission Belts Or Belting
Imports
In 2022, purchases abroad of conveyor or transmission belts or belting increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, conveyor or transmission belt imports expanded significantly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Global imports peaked in 2022 and are likely to see steady growth in the immediate term.
Imports by Country
In 2022, the United States (X tons), distantly followed by Russia (X tons) and Germany (X tons) represented the main importers of conveyor or transmission belts or belting, together constituting X% of total imports. The following importers - Brazil (X tons), the Netherlands (X tons), Australia (X tons), Indonesia (X tons), Italy (X tons), South Korea (X tons), Chile (X tons), Belgium (X tons), France (X tons) and India (X tons) - together made up X% of total imports.
From 2012 to 2022, average annual rates of growth with regard to conveyor or transmission belt imports into the United States stood at X%. At the same time, South Korea (X%), the Netherlands (X%), Russia (X%), Brazil (X%), Italy (X%), India (X%), Indonesia (X%), Belgium (X%) and Germany (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. France and Chile experienced a relatively flat trend pattern. By contrast, Australia (X%) illustrated a downward trend over the same period. The United States (X p.p.), Russia (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the global imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of global imports. Russia, Brazil, Italy, Belgium, Australia, the Netherlands, Chile, Indonesia, India and South Korea lagged somewhat behind, together comprising a further X%.
In terms of the main importing countries, Brazil, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average conveyor or transmission belt import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price recorded a mild decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Russia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other global leaders experienced a decline in the import price figures.
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Frequently Asked Questions (FAQ) :
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 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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