Northern America: Rubber Synchronous Belts Market 2020

Rubber Synchronous Belts Market Size in Northern America

The revenue of the rubber synchronous belts market in Northern America amounted to $X in 2017, increasing by X% against the previous year. The rubber synchronous belts consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, 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 2011; however, from 2012 to 2017, it failed to regain its momentum.

Rubber Synchronous Belts Production in Northern America

In 2017, approx. X tons of rubber synchronous belts were produced in Northern America; remaining stable against the previous year. The rubber synchronous belts production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the rubber synchronous belts production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Rubber Synchronous Belts Exports in Northern America

The exports totaled X tons in 2017, reducing by -X% against the previous year. The rubber synchronous belts exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014, when exports increased by X% y-o-y. Over the period under review, the rubber synchronous belts exports reached its maximum volume of X tons in 2015; however, from 2016 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 notable expansion. Over the period under review, the rubber synchronous belts exports reached its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Rubber Synchronous Belts Exports by Country in Northern America

The U.S. (X tons) represented roughly X% of total exports of rubber synchronous belts in 2017.

The U.S. was also the fastest growing in terms of the rubber synchronous belts exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of the U.S. decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest rubber synchronous belts supplier in Northern America.

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

Rubber Synchronous Belts Export Prices by Country in Northern America

The rubber synchronous belts export price in Northern America stood at $X per kg in 2017, growing by X% against the previous year. The rubber synchronous belts export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The level of export price peaked of $X per kg in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (-X% per year).

Rubber Synchronous Belts Imports in Northern America

In 2017, the amount of rubber synchronous belts imported in Northern America totaled X tons, increasing by X% against the previous year. The rubber synchronous belts imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, 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 2009 to 2017, growth of the rubber synchronous belts imports stood at a somewhat lower level.

In value terms, rubber synchronous belts imports stood at $X in 2017. The rubber synchronous belts imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Rubber Synchronous Belts Imports by Country in Northern America

The U.S. was the major importer of rubber synchronous belts in Northern America, with the volume of imports reaching X tons, which was approx. X% of total imports in 2017. It was distantly followed by Canada (X tons), making up X% share of total imports.

The U.S. experienced a relatively flat trend pattern of rubber synchronous belts imports. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest growing importer in Northern America, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of the U.S. increased by X% percentage points, while Canada (-X%) saw their share reduced.

In value terms, the U.S. ($X) constitutes the largest market for imported rubber synchronous belts in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

From 2007 to 2017, the average annual growth rate of value in the U.S. was relatively modest.

Rubber Synchronous Belts Import Prices by Country in Northern America

The rubber synchronous belts import price in Northern America stood at $X per kg in 2017, going down by -X% against the previous year. The rubber synchronous belts import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the import prices for rubber synchronous belts reached their peak level of $X per kg. From 2015 to 2017, growth of the import prices for rubber synchronous belts failed to regain its momentum.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the U.S. ($X per kg) and Canada ($X per kg), while Canada ($X per kg) and the U.S. ($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 the U.S. (-X% per year).

Source: IndexBox Platform