Middle East: Rubber Conveyor Belts Market 2020

Rubber Conveyor Belts Market Size in Middle East

The revenue of the rubber conveyor belts market in Middle East amounted to $X in 2017, rising by X% against the previous year. The total market indicated a strong 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 conveyor belts consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016, when market value increased by X% year-to-year. Over the period under review, the rubber conveyor belts market attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

Rubber Conveyor Belts Production in Middle East

In 2017, the amount of rubber conveyor belts produced in Middle East totaled X tons, coming up by X% against the previous year. The rubber conveyor belts production continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2010, when the output figure increased by X% year-to-year. Over the period under review, the rubber conveyor belts production attained its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Rubber Conveyor Belts Exports in Middle East

In 2017, rubber conveyor belts exports in Middle East amounted to X tons, increasing by X% against the previous year. The rubber conveyor belts exports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The volume of exports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, rubber conveyor belts exports stood at $X in 2017. The rubber conveyor belts exports continue to indicate a remarkable growth. Over the period under review, the rubber conveyor belts exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Rubber Conveyor Belts Exports by Country in Middle East

Turkey dominates rubber conveyor belts exports structure, accounting for X tons, which was near X% of total exports in 2017. It was distantly followed by the United Arab Emirates (X tons), constituting X% share of total exports.

Turkey was also the fastest growing in terms of the rubber conveyor belts exports, with a CAGR of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. From 2007 to 2017, the share of the United Arab Emirates and Turkey decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest rubber conveyor belts supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Turkey amounted to +X%.

Rubber Conveyor Belts Export Prices by Country in Middle East

The rubber conveyor belts export price in Middle East stood at $X per ton in 2017, falling by -X% against the previous year. The rubber conveyor belts export price continues to indicate a slight slump. The pace of growth was the most pronounced in 2016, when the export prices increased by X% against the previous year. Over the period under review, the export prices for rubber conveyor belts reached its maximum level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the United Arab Emirates ($X per ton) and Turkey ($X per ton), while Turkey ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

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

Rubber Conveyor Belts Imports in Middle East

In 2017, imports of rubber conveyor belts in Middle East totaled X tons, picking up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013, when imports increased by X% y-o-y. In that year, the rubber conveyor belts imports reached their peak volume of X tons. From 2014 to 2017, growth of the rubber conveyor belts imports failed to regain its momentum.

In value terms, rubber conveyor belts imports amounted to $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. In that year, the rubber conveyor belts imports reached their peak level of $X. From 2014 to 2017, growth of the rubber conveyor belts imports failed to regain its momentum.

Rubber Conveyor Belts Imports by Country in Middle East

In 2017, Saudi Arabia (X tons) was the largest importer for rubber conveyor belts, mixed up X% of total imports. It was distantly followed by the United Arab Emirates (X tons), Turkey (X tons), Iran (X tons) and Syrian Arab Republic (X tons), together achieving X% share of total imports. The following importers - Kuwait (X tons) and Qatar (X tons) each finished at a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to rubber conveyor belts imports into Saudi Arabia stood at +X%. At the same time, Qatar (+X%), Kuwait (+X%), Syrian Arab Republic (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Iran (-X%) illustrated a downward trend over the same period. Iran (X%) significantly strengthened its position in terms of the global imports, while Turkey, Syrian Arab Republic, Kuwait, Qatar and Saudi Arabia saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Iran ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Turkey, Syrian Arab Republic, Kuwait and Qatar lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Qatar (+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 Conveyor Belts Import Prices by Country in Middle East

In 2017, the rubber conveyor belts import price in Middle East amounted to $X per ton, therefore, remained relatively stable against the previous year. The rubber conveyor belts import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when the import prices increased by X% y-o-y. The level of import price peaked of $X per ton 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 Iran ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Iran (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform