Report Update Nov 1, 2024

Uzbekistan - Conveyor or Transmission Belts or Belting - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Market for Conveyor Or Transmission Belts Or Belting 2024

Market Size for Conveyor Or Transmission Belts Or Belting in Uzbekistan

The Uzbek conveyor or transmission belt market fell dramatically to $X in 2021, with a decrease of -18.8% against the previous year. In general, consumption recorded a abrupt downturn. The growth pace was the most rapid in 2018 when the market value decreased by -5.2% against the previous year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Conveyor Or Transmission Belts Or Belting in Uzbekistan

In value terms, conveyor or transmission belt production stood at $X in 2021 estimated in export price. Overall, production, however, saw a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 49%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Conveyor Or Transmission Belts Or Belting

Exports from Uzbekistan

In 2021, approx. X tons of conveyor or transmission belts or belting were exported from Uzbekistan; picking up by 153% compared with 2020. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 184% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, conveyor or transmission belt exports skyrocketed to $X in 2021. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X tons) was the main destination for conveyor or transmission belt exports from Uzbekistan, accounting for a approx. 98% share of total exports.

From 2017 to 2021, the average annual rate of growth in terms of volume to Kazakhstan totaled +92.7%.

In value terms, Kazakhstan ($X) also remains the key foreign market for conveyor or transmission belts or belting exports from Uzbekistan.

From 2017 to 2021, the average annual growth rate of value to Kazakhstan amounted to +98.8%.

Export Prices by Country

The average conveyor or transmission belt export price stood at $X per ton in 2021, increasing by 4.7% against the previous year. Overall, the export price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by 28%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

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

From 2017 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +3.1% per year.

Imports of Conveyor Or Transmission Belts Or Belting

Imports into Uzbekistan

Conveyor or transmission belt imports into Uzbekistan contracted significantly to X tons in 2021, waning by -58.1% against the previous year's figure. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 71% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, conveyor or transmission belt imports declined sharply to $X in 2021. In general, imports recorded a noticeable descent. The pace of growth was the most pronounced in 2019 with an increase of 98%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of conveyor or transmission belt to Uzbekistan, with a 53% share of total imports. Moreover, conveyor or transmission belt imports from China exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), threefold. The third position in this ranking was taken by Latvia (X tons), with a 5.7% share.

From 2017 to 2021, the average annual growth rate of volume from China amounted to -23.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (-18.3% per year) and Latvia (+27.1% per year).

In value terms, the largest conveyor or transmission belt suppliers to Uzbekistan were China ($X), Slovakia ($X) and South Korea ($X), together comprising 34% of total imports. These countries were followed by Russia, Germany, Turkey, Japan, Kazakhstan and Latvia, which together accounted for a further 22%.

Latvia, with a CAGR of +45.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average conveyor or transmission belt import price stood at $X per ton in 2021, surging by 41% against the previous year. In general, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+80.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for conveyor or transmission belts or belting in the world?

The countries with the highest volumes of conveyor or transmission belt consumption in 2020 were the United States, China and Russia, together accounting for 54% of global consumption. Indonesia, Mexico, Japan, Germany, Canada, Brazil, India, Turkey and South Korea lagged somewhat behind, together accounting for a further 21%.

What are the largest producers of conveyor or transmission belts or belting in the world?

The countries with the highest volumes of conveyor or transmission belt production in 2020 were China, the United States and Russia, with a combined 69% share of global production. Mexico, Indonesia, Poland, Japan, Germany, Turkey, India, Thailand and Taiwan Chinese) lagged somewhat behind, together accounting for a further 21%.

What are the leading suppliers of conveyor or transmission belts or belting to Uzbekistan?

In value terms, China, Russia and South Korea were the largest conveyor or transmission belt suppliers to Uzbekistan, with a combined 74% share of total imports.

What are the leading importers of conveyor or transmission belts or belting from Uzbekistan?

In value terms, Kazakhstan remains the key foreign market for conveyor or transmission belt exports from Uzbekistan, comprising 74% of total exports. The second position in the ranking was occupied by Kyrgyzstan, with a 21% share of total exports.

What is the average export price for conveyor or transmission belts or belting in Uzbekistan?

In 2020, the average conveyor or transmission belt export price amounted to $11,667 per ton, shrinking by -19.1% against the previous year.

What is the average import price for conveyor or transmission belts or belting in Uzbekistan?

In 2020, the average conveyor or transmission belt import price amounted to $5,165 per ton, falling by -25.3% against the previous year.

This report provides an in-depth analysis of the market for conveyor or transmission belt in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22194030 - Rubber transmission belts of trapezoidal and/or striped configuration (including V-belts)
Prodcom 22194050 - Rubber conveyor belts
Prodcom 22194070 - Rubber synchronous belts
Prodcom 22194090 - Rubber transmission belts (excluding V-belts and V-belting, t rapezoidal and/or striped configuration, conveyor belt, s ynchronous belt)

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023