Latin America and the Caribbean: Rubber Synchronous Belts Market 2020

Rubber Synchronous Belts Market Size in Latin America and the Caribbean

The revenue of the rubber synchronous belts market in Latin America and the Caribbean amounted to $X in 2017, surging by X% against the previous year. The market 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 being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2008, when market value increased by X% y-o-y. The level of rubber synchronous belts consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Rubber Synchronous Belts Production in Latin America and the Caribbean

In 2017, production of rubber synchronous belts in Latin America and the Caribbean amounted to X tons, approximately mirroring the previous year. The rubber synchronous belts production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. The volume of rubber synchronous belts production peaked in 2017, and is likely to continue its growth in the near future.

Rubber Synchronous Belts Exports in Latin America and the Caribbean

In 2017, exports of rubber synchronous belts in Latin America and the Caribbean amounted to X tons, increasing by X% against the previous year. The rubber synchronous belts exports continue to indicate a moderate decrease. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the rubber synchronous belts exports reached its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, rubber synchronous belts exports totaled $X in 2017. The rubber synchronous belts exports continue to indicate a relatively flat trend pattern. 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 Latin America and the Caribbean

Argentina represented the major exporter of rubber synchronous belts in Latin America and the Caribbean, with the volume of exports reaching X tons, which was approx. X% of total exports in 2017. Mexico (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Brazil (X%).

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Brazil (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, the largest rubber synchronous belts markets worldwide were Argentina ($X), Brazil ($X) and Mexico ($X), with a combined X% share of total exports.

In terms of the main exporting countries , Brazil (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced a decline in the exports figures.

Rubber Synchronous Belts Export Prices by Country in Latin America and the Caribbean

In 2017, the rubber synchronous belts export price in Latin America and the Caribbean amounted to $X per kg, going 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, an increase of X% year-to-year. The level of export price peaked of $X per kg in 2009; however, from 2010 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 Brazil ($X per kg), while Argentina ($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 Brazil (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Rubber Synchronous Belts Imports in Latin America and the Caribbean

In 2017, imports of rubber synchronous belts in Latin America and the Caribbean totaled X tons, falling by -X% against the previous year. The total imports indicated a temperate 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 synchronous belts imports decreased by +X% against 2015 indices. The growth pace was the most rapid in 2011, when imports increased by X% against the previous year. Over the period under review, the rubber synchronous belts imports attained its maximum volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, rubber synchronous belts imports stood at $X in 2017. The total imports indicated a temperate expansion 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 decreased by -X% against 2012 indices. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Rubber Synchronous Belts Imports by Country in Latin America and the Caribbean

The imports of the three major importers of rubber synchronous belts, namely Mexico, Argentina and Brazil, represented more than two-thirds of total import. Ecuador (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Colombia (X%). The following importers - Chile (X tons) and Venezuela (X tons) each resulted at a X% share 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 Ecuador (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest rubber synchronous belts markets worldwide were Brazil ($X), Mexico ($X) and Argentina ($X), with a combined X% share of total imports. These countries were followed by Colombia, Ecuador, Venezuela and Chile, which together accounted for a further X%.

Among the main importing countries , Ecuador (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Rubber Synchronous Belts Import Prices by Country in Latin America and the Caribbean

In 2017, the rubber synchronous belts import price in Latin America and the Caribbean amounted to $X per kg, rising by X% against the previous year. The rubber synchronous belts import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. Over the period under review, the import prices for rubber synchronous belts reached its maximum level of $X per kg in 2012; however, from 2013 to 2017, it failed to regain its momentum.

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

Source: IndexBox Platform