Asia: Rubber Synchronous Belts Market 2020

Rubber Synchronous Belts Market Size in Asia

The revenue of the rubber synchronous belts market in Asia amounted to $X in 2017, shrinking by -X% against the previous year. The rubber synchronous belts consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. The level of rubber synchronous belts consumption peaked of $X in 2016, and then declined slightly in the following year.

Rubber Synchronous Belts Production in Asia

In 2017, the amount of rubber synchronous belts produced in Asia stood at X tons, approximately equating the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The volume of rubber synchronous belts production peaked in 2017, and is likely to see steady growth in the near future.

Rubber Synchronous Belts Exports in Asia

In 2017, rubber synchronous belts exports in Asia totaled X tons, rising by X% against the previous year. The rubber synchronous belts exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, rubber synchronous belts exports stood at $X in 2017. The rubber synchronous belts exports continue to indicate a slight descent. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Rubber Synchronous Belts Exports by Country in Asia

China was the key exporting country with an export of around X tons, which amounted to X% of total exports. Japan (X tons) took the second position in the ranking, distantly followed by South Korea (X tons) and Singapore (X tons). All these countries together took near X% share of total exports. Thailand (X tons), China, Hong Kong SAR (X tons) and Turkey (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest rubber synchronous belts markets worldwide were Japan ($X), China ($X) and Singapore ($X), together comprising X% of total exports. These countries were followed by South Korea, China, Hong Kong SAR, Thailand and Turkey, which together accounted for a further X%.

In terms of the main exporting countries , South Korea (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Rubber Synchronous Belts Export Prices by Country in Asia

The rubber synchronous belts export price in Asia stood at $X per kg in 2017, declining by -X% against the previous year. The rubber synchronous belts export price continues to indicate a slight deduction. The growth pace was the most rapid in 2015, when the export prices increased by X% year-to-year. The level of export price peaked of $X per kg in 2008; however, from 2009 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 Japan ($X per kg), while Turkey ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Rubber Synchronous Belts Imports in Asia

In 2017, approx. X tons of rubber synchronous belts were imported in Asia; growing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013, with an increase of X% year-to-year. Over the period under review, the rubber synchronous belts imports 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 synchronous belts imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Rubber Synchronous Belts Imports by Country in Asia

In 2017, China (X tons), distantly followed by Turkey (X tons), Japan (X tons), Iran (X tons) and the United Arab Emirates (X tons) were the key importers of rubber synchronous belts, together mixed up X% of total imports. The following importers - Taiwan, Chinese (X tons), India (X tons), Thailand (X tons), South Korea (X tons), Kazakhstan (X tons), Saudi Arabia (X tons) and Israel (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

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

In China, rubber synchronous belts imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Turkey (+X% per year).

Rubber Synchronous Belts Import Prices by Country in Asia

The rubber synchronous belts import price in Asia stood at $X per kg in 2017, coming down by -X% against the previous year. The rubber synchronous belts import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when the import prices increased by X% against the previous year. In that year, the import prices for rubber synchronous belts attained their peak level of $X per kg. From 2013 to 2017, growth of the import prices for rubber synchronous belts stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per kg), while Iran ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform