Eastern Asia: Rubber Synchronous Belts Market 2020

Rubber Synchronous Belts Market Size in Eastern Asia

The revenue of the rubber synchronous belts market in Eastern Asia amounted to $X in 2017, waning by -X% against the previous year. The rubber synchronous belts consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, with an increase of X% against the previous year. Over the period under review, the rubber synchronous belts market reached its peak figure level of $X in 2016, and then declined slightly in the following year.

Rubber Synchronous Belts Production in Eastern Asia

In 2017, rubber synchronous belts production in Eastern Asia amounted to X tons, coming up by X% against 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 observed over the period under review. 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 in 2017, and is expected to retain its growth in the immediate term.

Rubber Synchronous Belts Exports in Eastern Asia

In 2017, the amount of rubber synchronous belts exported in Eastern Asia totaled X tons, growing by X% against the previous year. The rubber synchronous belts exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The volume of exports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, rubber synchronous belts exports stood at $X in 2017. The rubber synchronous belts exports continue to indicate a mild downturn. Over the period under review, the rubber synchronous belts exports attained its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Rubber Synchronous Belts Exports by Country in Eastern Asia

China represented the major exporter of rubber synchronous belts in Eastern Asia, with the volume of exports reaching X tons, which was approx. X% of total exports in 2017. Japan (X tons) took the second position in the ranking, distantly followed by South Korea (X tons). All these countries together held near X% share of total exports. China, Hong Kong SAR (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 South Korea ($X), with a combined X% share of total exports.

In terms of the main exporting countries , South Korea (+X% per year) recorded 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 Eastern Asia

The rubber synchronous belts export price in Eastern Asia stood at $X per kg in 2017, reducing by -X% against the previous year. The rubber synchronous belts export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. The level of export price peaked of $X per kg in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per kg), while South Korea ($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 Eastern Asia

In 2017, the amount of rubber synchronous belts imported in Eastern Asia totaled X tons, remaining relatively unchanged 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 in certain years. The pace of growth appeared the most rapid in 2013, when it surged by X% against the previous year. In that year, the rubber synchronous belts imports attained their peak volume of X tons. From 2014 to 2017, growth of the rubber synchronous belts imports failed to regain its momentum.

In value terms, rubber synchronous belts imports amounted to $X in 2017. The total imports indicated a temperate 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 synchronous belts imports increased by +X% against 2015 indices. Over the period under review, the rubber synchronous belts imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Rubber Synchronous Belts Imports by Country in Eastern Asia

China represented the major importing country with an import of around X tons, which accounted for X% of total imports. Japan (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Taiwan, Chinese (X%) and South Korea (X%).

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 a decline in the imports figures.

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

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Taiwan, Chinese (-X% per year).

Rubber Synchronous Belts Import Prices by Country in Eastern Asia

In 2017, the rubber synchronous belts import price in Eastern Asia amounted to $X per kg, shrinking by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012, an increase of X% year-to-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.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in China ($X per kg) and Taiwan, Chinese ($X per kg), while Japan ($X per kg) and South Korea ($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 China (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform