EU: Rubber Transmission Belts Market 2020

Rubber Transmission Belts Market Size in the EU

The revenue of the rubber transmission belts market in the European Union amounted to $X in 2017, jumping by X% against the previous year. The rubber transmission belts consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, with an increase of X% year-to-year. Over the period under review, the rubber transmission belts market reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Rubber Transmission Belts Production in the EU

In 2017, approx. X tons of rubber transmission belts were produced in the European Union; remaining relatively unchanged against the previous year. The rubber transmission belts production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. Over the period under review, the rubber transmission belts production attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Rubber Transmission Belts Exports in the EU

The exports amounted to X tons in 2017, rising by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the rubber transmission belts exports attained its maximum volume in 2017, and are likely to see steady growth in the near future.

In value terms, rubber transmission belts exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Rubber Transmission Belts Exports by Country in the EU

Germany represented the major exporter of rubber transmission belts in the European Union, with the volume of exports resulting at X tons, which was near X% of total exports in 2017. France (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Belgium (X%), Italy (X%), Spain (X%), the UK (X%), Romania (X%) and Poland (X%).

From 2007 to 2017, average annual rates of growth with regard to rubber transmission belts exports from Germany stood at +X%. At the same time, Romania (+X%), France (+X%), Belgium (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. Spain, Italy and Poland experienced a relatively flat trend pattern. Romania (-X%), Germany (-X%), Belgium (-X%) and France (-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, Germany ($X) remains the largest rubber transmission belts supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global exports. It was followed by France, with a X% share.

In Germany, rubber transmission belts exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (+X% per year) and France (+X% per year).

Rubber Transmission Belts Export Prices by Country in the EU

In 2017, the rubber transmission belts export price in the European Union amounted to $X per kg, jumping by X% against the previous year. The rubber transmission belts export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% year-to-year. The level of export price peaked of $X per kg in 2011; however, from 2012 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 Belgium ($X per kg), while Romania ($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 Germany (+X% per year), while the other leaders experienced more modest paces of growth.

Rubber Transmission Belts Imports in the EU

In 2017, rubber transmission belts imports in the European Union amounted to X tons, going up by X% against the previous year. The rubber transmission belts imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. Over the period under review, the rubber transmission belts imports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, rubber transmission belts imports amounted to $X in 2017. The rubber transmission belts imports continue to indicate a relatively flat trend pattern. The level of imports peaked in 2017, and are likely to continue its growth in the immediate term.

Rubber Transmission Belts Imports by Country in the EU

Germany (X tons) and Belgium (X tons) were the major importers of rubber transmission belts in 2017, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by France (X tons), the UK (X tons), Italy (X tons), Spain (X tons) and Poland (X tons), together achieving X% share of total imports. The Netherlands (X tons), the Czech Republic (X tons), Hungary (X tons), Sweden (X tons) and Portugal (X tons) followed a long way behind the leaders.

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

In value terms, Germany ($X), Belgium ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. The UK, Italy, Spain, Poland, Sweden, the Netherlands, Hungary, the Czech Republic and Portugal lagged somewhat behind, together accounting for a further X%.

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

Rubber Transmission Belts Import Prices by Country in the EU

In 2017, the rubber transmission belts import price in the European Union amounted to $X per kg, coming up by X% against the previous year. The rubber transmission belts import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, an increase of X% y-o-y. The level of import price peaked of $X per kg in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sweden ($X per kg), while Portugal ($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 the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform