Southern Asia: Rubber Conveyor Belts Market 2020

Rubber Conveyor Belts Market Size in Southern Asia

The revenue of the rubber conveyor belts market in Southern Asia amounted to $X in 2017, growing by X% against the previous year. The total market indicated a strong growth 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 2012 indices. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. The level of rubber conveyor belts consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Rubber Conveyor Belts Production in Southern Asia

The rubber conveyor belts production stood at X tons in 2017, surging by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2011, when the output figure increased by X% y-o-y. The volume of rubber conveyor belts production peaked in 2017, and is expected to retain its growth in the immediate term.

Rubber Conveyor Belts Exports in Southern Asia

In 2017, the amount of rubber conveyor belts exported in Southern Asia totaled X tons, jumping by X% against the previous year. The total exports indicated a slight 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 conveyor belts exports decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% y-o-y. Over the period under review, the rubber conveyor belts exports attained its maximum volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, rubber conveyor belts exports stood at $X in 2017. The rubber conveyor belts exports continue to indicate a strong expansion. Over the period under review, the rubber conveyor belts exports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Rubber Conveyor Belts Exports by Country in Southern Asia

The exports of the one major exporters of rubber conveyor belts, namely India, represented more than two-thirds of total export.

India was also the fastest growing in terms of the rubber conveyor belts exports, with a CAGR of +X% from 2007 to 2017. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest rubber conveyor belts supplier in Southern Asia.

In India, rubber conveyor belts exports expanded at an average annual rate of +X% over the period from 2007-2017.

Rubber Conveyor Belts Export Prices by Country in Southern Asia

In 2017, the rubber conveyor belts export price in Southern Asia amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. Over the period under review, the export prices for rubber conveyor belts attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

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

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

Rubber Conveyor Belts Imports in Southern Asia

The imports stood at X tons in 2017, picking up by X% 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 over the period under review. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

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; however, the trend pattern indicated some noticeable fluctuations in certain years. The level of imports peaked in 2017, and are likely to see steady growth in the near future.

Rubber Conveyor Belts Imports by Country in Southern Asia

In 2017, Pakistan (X tons) was the key importer for rubber conveyor belts, generating X% of total imports. It was distantly followed by India (X tons) and Bangladesh (X tons), together committing X% share of total imports. The following importers - Nepal (X tons) and Sri Lanka (X tons) each finished 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 Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported rubber conveyor belts in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Bangladesh, with a X% share.

From 2007 to 2017, the average annual growth rate of value in India amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and Bangladesh (+X% per year).

Rubber Conveyor Belts Import Prices by Country in Southern Asia

The rubber conveyor belts import price in Southern Asia stood at $X per ton in 2017, coming up by X% against the previous year. The rubber conveyor belts import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X per ton), while Pakistan ($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 Nepal (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform