Australia and Oceania: Rubber Synchronous Belts Market 2020

Rubber Synchronous Belts Market Size in Australia and Oceania

The revenue of the rubber synchronous belts market in Australia and Oceania amounted to $X in 2017, going down by -X% against the previous year. The rubber synchronous belts consumption continues to indicate a deep shrinkage. The pace of growth was the most pronounced in 2012, with an increase of -X% year-to-year. Over the period under review, the rubber synchronous belts market attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Rubber Synchronous Belts Production in Australia and Oceania

In 2017, the amount of rubber synchronous belts produced in Australia and Oceania amounted to X tons, standing approx. at 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 the output figure increased by X% year-to-year. Over the period under review, the rubber synchronous belts production reached its peak figure volume in 2017, and is expected to retain its growth in the near future.

Rubber Synchronous Belts Exports in Australia and Oceania

In 2017, approx. X tons of rubber synchronous belts were exported in Australia and Oceania; waning by -X% against the previous year. The rubber synchronous belts exports continue to indicate a modest growth. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. The volume of exports peaked of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, rubber synchronous belts exports totaled $X in 2017. The rubber synchronous belts exports continue to indicate a drastic decline. In that year, the rubber synchronous belts exports reached their peak level of $X. From 2011 to 2017, growth of the rubber synchronous belts exports stood at a somewhat lower level.

Rubber Synchronous Belts Exports by Country in Australia and Oceania

In 2017, Australia (X tons) represented the major exporters of rubber synchronous belts in Australia and Oceania, achieving X% of total export.

Australia was also the fastest growing in terms of the rubber synchronous belts exports, with a CAGR of +X% from 2007 to 2017. Australia (-X%) significantly weakened 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, Australia ($X) also remains the largest rubber synchronous belts supplier in Australia and Oceania.

In Australia, rubber synchronous belts exports decreased by an average annual rate of -X% over the period from 2007-2017.

Rubber Synchronous Belts Export Prices by Country in Australia and Oceania

The rubber synchronous belts export price in Australia and Oceania stood at $X per ton in 2017, falling by -X% against the previous year. The rubber synchronous belts export price continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2012, an increase of -X% year-to-year. The level of export price peaked of $X per kg in 2007; however, from 2008 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 Australia.

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

Rubber Synchronous Belts Imports in Australia and Oceania

In 2017, approx. X tons of rubber synchronous belts were imported in Australia and Oceania; picking up by X% against the previous year. The rubber synchronous belts imports continue to indicate an abrupt contraction. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. Over the period under review, the rubber synchronous belts imports reached its peak figure volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, rubber synchronous belts imports amounted to $X in 2017. The rubber synchronous belts imports continue to indicate a significant descent. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Rubber Synchronous Belts Imports by Country in Australia and Oceania

New Zealand represented the largest importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by Australia (X tons), creating X% share of total imports. The following importers - Fiji (X tons) and French Polynesia (X tons) each resulted 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 French Polynesia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), New Zealand ($X) and Fiji ($X) appeared to be the countries with the highest levels of imports in 2017, together comprising X% of total imports.

New Zealand (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Rubber Synchronous Belts Import Prices by Country in Australia and Oceania

The rubber synchronous belts import price in Australia and Oceania stood at $X per kg in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, when the import prices increased by X% against the previous year. The level of import price peaked in 2017, and is likely to see steady growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Australia ($X per kg), while New Zealand ($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 New Zealand (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform