Southern Asia: Rubber Transmission Belts Market 2020

Rubber Transmission Belts Market Size in Southern Asia

The revenue of the rubber transmission belts market in Southern Asia amounted to $X in 2017, reducing by -X% against the previous year. The total market indicated a noticeable 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 transmission belts consumption decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. Over the period under review, the rubber transmission belts market reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Rubber Transmission Belts Production in Southern Asia

In 2017, the amount of rubber transmission belts produced in Southern Asia amounted to X tons, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. Over the period under review, the rubber transmission belts production attained its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Rubber Transmission Belts Exports in Southern Asia

In 2017, approx. X tons of rubber transmission belts were exported in Southern Asia; declining by -X% against the previous year. The rubber transmission belts exports continue to indicate a deep descent. The growth pace was the most rapid in 2015, with an increase of X% y-o-y. Over the period under review, the rubber transmission belts exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, rubber transmission belts exports amounted to $X in 2017. The rubber transmission belts exports continue to indicate a deep reduction. Over the period under review, the rubber transmission belts exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Rubber Transmission Belts Exports by Country in Southern Asia

India dominates rubber transmission belts exports structure, recording X tons, which was approx. X% of total exports in 2017. It was distantly followed by Sri Lanka (X tons), creating X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to rubber transmission belts exports from India stood at -X%. Sri Lanka (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of India and Sri Lanka increased by X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest rubber transmission belts supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in India amounted to -X%.

Rubber Transmission Belts Export Prices by Country in Southern Asia

The rubber transmission belts export price in Southern Asia stood at $X per kg in 2017, lowering by -X% against the previous year. The rubber transmission belts export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. The level of export price peaked of $X per kg in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was India ($X per kg), while Sri Lanka ($X per ton) 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).

Rubber Transmission Belts Imports in Southern Asia

The imports totaled X tons in 2017, going down by -X% against the previous year. The rubber transmission belts imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. The volume of imports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, rubber transmission belts imports stood at $X in 2017. The total imports indicated a pronounced growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Rubber Transmission Belts Imports by Country in Southern Asia

In 2017, India (X tons) was the main importer for rubber transmission belts, generating X% of total imports. Pakistan (X tons) ranks second in terms of the global imports with a X% share, followed by Bangladesh (X%). Sri Lanka (X tons) and Nepal (X tons) occupied the slight share of total imports.

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

In value terms, the largest rubber transmission belts markets worldwide were India ($X), Pakistan ($X) and Bangladesh ($X), together accounting for X% of total imports.

In terms of the main importing countries , Pakistan (+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 Transmission Belts Import Prices by Country in Southern Asia

The rubber transmission belts import price in Southern Asia stood at $X per kg in 2017, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

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

Source: IndexBox Platform