Africa: Rubber Conveyor Belts Market 2020

Rubber Conveyor Belts Market Size in Africa

The revenue of the rubber conveyor belts market in Africa amounted to $X in 2017, picking up by X% against the previous year. The rubber conveyor belts consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when market value increased by X% year-to-year. Over the period under review, the rubber conveyor belts market reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Rubber Conveyor Belts Production in Africa

In 2017, the amount of rubber conveyor belts produced in Africa amounted to X tons, flattening at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% y-o-y. Over the period under review, the rubber conveyor belts production attained its peak figure volume in 2017, and is likely to see steady growth in the immediate term.

Rubber Conveyor Belts Exports in Africa

In 2017, the amount of rubber conveyor belts exported in Africa totaled X tons, surging by X% against the previous year. The total exports indicated a remarkable expansion from 2007 to 2017: its volume 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 conveyor belts exports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Over the period under review, the rubber conveyor belts exports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, rubber conveyor belts exports totaled $X in 2017. The rubber conveyor belts exports continue to indicate a pronounced expansion. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Rubber Conveyor Belts Exports by Country in Africa

South Africa (X tons) represented roughly X% of total exports of rubber conveyor belts in 2017.

South Africa was also the fastest growing in terms of the rubber conveyor belts exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of South Africa decreased by -X% percentage points, 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 conveyor belts supplier in Africa.

From 2007 to 2017, the average annual growth rate of value in South Africa totaled +X%.

Rubber Conveyor Belts Export Prices by Country in Africa

In 2017, the rubber conveyor belts export price in Africa amounted to $X per ton, surging by X% against the previous year. The rubber conveyor belts export price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2010, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2011; however, from 2012 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 Conveyor Belts Imports in Africa

In 2017, the amount of rubber conveyor belts imported in Africa stood at X tons, growing by X% against the previous year. The total imports indicated a significant growth from 2007 to 2017: its volume 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 conveyor belts imports decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, rubber conveyor belts imports totaled $X in 2017. The total imports indicated a significant expansion 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 conveyor belts imports decreased by -X% against 2013 indices. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Rubber Conveyor Belts Imports by Country in Africa

South Africa represented the major importing country with an import of around X tons, which amounted to X% of total imports. Morocco (X tons) ranks second in terms of the global imports with a X% share, followed by Zambia (X%), Algeria (X%) and Egypt (X%). The following importers - Sierra Leone (X tons), Ghana (X tons), Tunisia (X tons), Botswana (X tons), Sudan (X tons), Nigeria (X tons) and Gabon (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to rubber conveyor belts imports into South Africa stood at -X%. At the same time, Sierra Leone (+X%), Gabon (+X%), Sudan (+X%), Morocco (+X%), Zambia (+X%), Nigeria (+X%), Algeria (+X%), Ghana (+X%), Egypt (+X%) and Tunisia (+X%) displayed positive paces of growth. Moreover, Sierra Leone emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Botswana experienced a relatively flat trend pattern. While the share of South Africa (X%) increased significantly in terms of the global imports from 2007-2017, the share of Gabon (-X%), Sudan (-X%), Algeria (-X%), Sierra Leone (-X%), Zambia (-X%) and Morocco (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest rubber conveyor belts markets worldwide were South Africa ($X), Morocco ($X) and Algeria ($X), together accounting for X% of total imports. Egypt, Ghana, Zambia, Nigeria, Gabon, Botswana, Tunisia, Sudan and Sierra Leone lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , Gabon (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Rubber Conveyor Belts Import Prices by Country in Africa

In 2017, the rubber conveyor belts import price in Africa amounted to $X per ton, increasing by X% against the previous year. The rubber conveyor belts import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% y-o-y. Over the period under review, the import prices for rubber conveyor belts attained its maximum level of $X per ton in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Gabon ($X per ton), while Sierra Leone ($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.

Source: IndexBox Platform