Australia and Oceania: Rubber Transmission Belts Market 2020

Rubber Transmission Belts Market Size in Australia and Oceania

The revenue of the rubber transmission belts market in Australia and Oceania amounted to $X in 2017, waning by -X% against the previous year. The total market indicated a strong increase 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 transmission belts consumption decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2012, with an increase of X% y-o-y. In that year, the rubber transmission belts market attained their peak level of $X. From 2013 to 2017, growth of the rubber transmission belts market stood at a somewhat lower level.

Rubber Transmission Belts Production in Australia and Oceania

In 2017, the amount of rubber transmission belts produced in Australia and Oceania amounted to X tons, increasing by X% against the previous year. The total output indicated a strong 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 transmission belts production increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2009, when the output figure increased by X% against the previous year. Over the period under review, the rubber transmission belts production attained its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Rubber Transmission Belts Exports in Australia and Oceania

In 2017, rubber transmission belts exports in Australia and Oceania totaled X tons, coming up by X% against the previous year. The rubber transmission belts exports continue to indicate an abrupt slump. The pace of growth appeared the most rapid in 2017, when exports increased by X% y-o-y. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, rubber transmission belts exports stood at $X in 2017. The rubber transmission belts exports continue to indicate a pronounced slump. Over the period under review, the rubber transmission belts exports attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Rubber Transmission Belts Exports by Country in Australia and Oceania

Australia prevails in rubber transmission belts exports structure, amounting to X tons, which was approx. X% of total exports in 2017. New Zealand (X tons) followed a long way behind the leaders.

Exports from Australia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing exporter in Australia and Oceania, with a CAGR of +X% from 2007-2017. While the share of Australia (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest rubber transmission belts supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

In Australia, rubber transmission belts exports decreased by an average annual rate of -X% over the period from 2007-2017.

Rubber Transmission Belts Export Prices by Country in Australia and Oceania

In 2017, the rubber transmission belts export price in Australia and Oceania amounted to $X per kg, falling by -X% against the previous year. The export price indicated a pronounced increase from 2007 to 2017: its price 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 transmission belts export price decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2012, an increase of X% y-o-y. In that year, the export prices for rubber transmission belts attained their peak level of $X per kg. From 2013 to 2017, growth of the export prices for rubber transmission belts stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was New Zealand ($X per kg), while Australia ($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 New Zealand (+X% per year).

Rubber Transmission Belts Imports in Australia and Oceania

The imports stood at X tons in 2017, coming up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, rubber transmission belts imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. In that year, the rubber transmission belts imports reached their peak level of $X. From 2012 to 2017, growth of the rubber transmission belts imports stood at a somewhat lower level.

Rubber Transmission Belts Imports by Country in Australia and Oceania

Australia was the key importer of rubber transmission belts in Australia and Oceania, with the volume of imports reaching X tons, which was near X% of total imports in 2017. It was distantly followed by New Zealand (X tons), mixed up X% share of total imports.

Australia experienced a relatively flat trend pattern of rubber transmission belts imports. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Australia and New Zealand decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported rubber transmission belts in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports.

In Australia, rubber transmission belts imports expanded at an average annual rate of +X% over the period from 2007-2017.

Rubber Transmission Belts Import Prices by Country in Australia and Oceania

The rubber transmission belts import price in Australia and Oceania stood at $X per kg in 2017, coming up 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 2008, when the import prices increased by X% against the previous year. In that year, the import prices for rubber transmission belts reached their peak level of $X per kg. From 2009 to 2017, growth of the import prices for rubber transmission belts failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in New Zealand ($X per kg) and Australia ($X per kg), while Australia ($X per kg) and New Zealand ($X per kg) were amongst the lowest.

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

Source: IndexBox Platform