CIS: Rubber Synchronous Belts Market 2020

Rubber Synchronous Belts Market Size in CIS

The revenue of the rubber synchronous belts market in CIS amounted to $X in 2017, shrinking by -X% against the previous year. The rubber synchronous belts consumption continues to indicate a deep deduction. The pace of growth appeared the most rapid in 2016, when market value increased by X% year-to-year. Over the period under review, the rubber synchronous belts market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Rubber Synchronous Belts Production in CIS

In 2017, approx. X tons of rubber synchronous belts were produced in CIS; approximately reflecting the previous year. The rubber synchronous belts production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The volume of rubber synchronous belts production peaked of X tons in 2016, leveling off in the following year.

Rubber Synchronous Belts Exports in CIS

In 2017, the amount of rubber synchronous belts exported in CIS totaled X tons, going up by X% against the previous year. The rubber synchronous belts exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2017, when it surged by X% y-o-y. In that year, the rubber synchronous belts exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, rubber synchronous belts exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the rubber synchronous belts exports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Rubber Synchronous Belts Exports by Country in CIS

Russia represented the main exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Belarus (X tons), committing X% share of total exports.

Russia was also the fastest growing in terms of the rubber synchronous belts exports, with a CAGR of +X% from 2007 to 2017. At the same time, Belarus (+X%) displayed positive paces of growth. Belarus (-X%) and Russia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest rubber synchronous belts supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Russia stood at +X%.

Rubber Synchronous Belts Export Prices by Country in CIS

In 2017, the rubber synchronous belts export price in CIS amounted to $X per kg, coming down by -X% against the previous year. The rubber synchronous belts export price continues to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2016, an increase of X% against the previous year. Over the period under review, the export prices for rubber synchronous belts reached its peak figure level of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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

Rubber Synchronous Belts Imports in CIS

In 2017, the amount of rubber synchronous belts imported in CIS stood at X tons, jumping by X% against the previous year. The rubber synchronous belts imports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, rubber synchronous belts imports stood at $X in 2017. The rubber synchronous belts imports continue to indicate a remarkable expansion. Over the period under review, the rubber synchronous belts imports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Rubber Synchronous Belts Imports by Country in CIS

Russia prevails in rubber synchronous belts imports structure, finishing at X tons, which was approx. X% of total imports in 2017. Belarus (X tons) and Kazakhstan (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kazakhstan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. While the share of Belarus (-X%), Kazakhstan (-X%) and Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Russia, 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: Belarus (+X% per year) and Kazakhstan (+X% per year).

Rubber Synchronous Belts Import Prices by Country in CIS

The rubber synchronous belts import price in CIS stood at $X per kg in 2017, lowering by -X% against the previous year. The rubber synchronous belts import price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% year-to-year. In that year, the import prices for rubber synchronous belts reached their peak level of $X per kg. From 2009 to 2017, growth of the import prices for rubber synchronous belts stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belarus ($X per kg), while Russia ($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 Russia (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform