Southern Asia: Rubber Synchronous Belts Market 2020

Rubber Synchronous Belts Market Size in Southern Asia

The revenue of the rubber synchronous belts market in Southern Asia amounted to $X in 2017, going up 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 synchronous belts consumption increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2016, with an increase of X% year-to-year. The level of rubber synchronous belts consumption peaked in 2017, and is likely to see steady growth in the near future.

Rubber Synchronous Belts Production in Southern Asia

In 2017, approx. X tons of rubber synchronous belts were produced in Southern Asia; coming up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2015, when the output figure increased by X% year-to-year. Over the period under review, the rubber synchronous belts production attained its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Rubber Synchronous Belts Exports in Southern Asia

In 2017, the amount of rubber synchronous belts exported in Southern Asia totaled X tons, increasing by X% against the previous year. The rubber synchronous belts exports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2017, when exports increased by X% y-o-y. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, rubber synchronous belts exports stood at $X in 2017. The rubber synchronous belts exports continue to indicate a deep downturn. Over the period under review, the rubber synchronous belts exports reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Rubber Synchronous Belts Exports by Country in Southern Asia

India dominates rubber synchronous belts exports structure, accounting for X tons, which was approx. X% of total exports in 2017. The following exporters - Bhutan (X kg) and Sri Lanka (X kg) each recorded a X% share of total exports.

Exports from India decreased at an average annual rate of -X% from 2007 to 2017. Sri Lanka (-X%) and Bhutan (-X%) illustrated a downward trend over the same period. India (X%) and Bhutan (X%) significantly strengthened 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, India ($X) remains the largest rubber synchronous belts supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global exports. It was followed by Bhutan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in India amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (-X% per year) and Bhutan (-X% per year).

Rubber Synchronous Belts Export Prices by Country in Southern Asia

In 2017, the rubber synchronous belts export price in Southern Asia amounted to $X per kg, picking up by X% against the previous year. The export price indicated a remarkable increase from 2007 to 2017: its price 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 export price increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2016, when it surged by X% year-to-year. The level of export price peaked in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Sri Lanka ($X per kg), while Bhutan ($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 India (+X% per year), while the other leaders experienced more modest paces of growth.

Rubber Synchronous Belts Imports in Southern Asia

In 2017, rubber synchronous belts imports in Southern Asia totaled X tons, going up by X% against the previous year. The rubber synchronous belts imports continue to indicate a temperate deduction. The pace of growth appeared the most rapid in 2016, when it surged by X% y-o-y. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it 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 slight drop. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Rubber Synchronous Belts Imports by Country in Southern Asia

India represented the major importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by Pakistan (X tons) and Bangladesh (X tons), together creating X% share of total imports. The following importers - Sri Lanka (X tons) and Maldives (X tons) together made up X% of total imports.

Imports into India decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Maldives (+X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. Sri Lanka experienced a relatively flat trend pattern. By contrast, Pakistan (-X%) and Bangladesh (-X%) illustrated a downward trend over the same period. India (X%), Pakistan (X%) and Bangladesh (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, rubber synchronous belts imports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Pakistan (-X% per year) and Bangladesh (-X% per year).

Rubber Synchronous Belts Import Prices by Country in Southern Asia

In 2017, the rubber synchronous belts import price in Southern Asia amounted to $X per kg, remaining constant 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 2015, when it surged by X% against the previous year. 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.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Bangladesh ($X per kg) and Maldives ($X per kg), while India ($X per kg) and Sri Lanka ($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 Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform