EU: Market for Conveyor Or Transmission Belts Or Belting 2022

Market Size for Conveyor Or Transmission Belts Or Belting in the EU

In 2021, the EU conveyor or transmission belt market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, continues to indicate a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Conveyor Or Transmission Belts Or Belting in the EU

In value terms, conveyor or transmission belt production stood at $X in 2021 estimated in export price. In general, production, however, recorded a noticeable decrease. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Production By Country in the EU

The countries with the highest volumes of in 2021 were Poland (X tons), Germany (X tons) and the Netherlands (X tons), with a combined X% share of total production.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while production for the other leaders experienced mixed trends in the production figures.

Exports of Conveyor Or Transmission Belts Or Belting

Exports in the EU

In 2021, overseas shipments of conveyor or transmission belts or belting increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, saw a mild reduction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, conveyor or transmission belt exports surged to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Germany (X tons) and Poland (X tons) represented the major exporters of conveyor or transmission belts or belting in the European Union, together making up X% of total exports. It was distantly followed by the Netherlands (X tons), Hungary (X tons), Romania (X tons), Italy (X tons) and Belgium (X tons), together mixing up a X% share of total exports. The following exporters - Spain (X tons), France (X tons), Slovenia (X tons), Slovakia (X tons), Bulgaria (X tons) and the Czech Republic (X tons) - together made up X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bulgaria (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest conveyor or transmission belt supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with an X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Germany totaled +X%. In the other countries, the average annual rates were as follows: Italy (+X% per year) and Poland (-X% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the other leaders experienced more modest paces of growth.

Imports of Conveyor Or Transmission Belts Or Belting

Imports in the EU

In 2021, supplies from abroad of conveyor or transmission belts or belting was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, conveyor or transmission belt imports skyrocketed to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons), the Netherlands (X tons), Italy (X tons), France (X tons), Belgium (X tons), Poland (X tons) and Spain (X tons) was the major importer of conveyor or transmission belts or belting in the European Union, constituting X% of total import. The Czech Republic (X tons), Sweden (X tons), Hungary (X tons), Austria (X tons), Slovakia (X tons) and Finland (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were in Hungary (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2021, together accounting for X% of total imports. These countries were followed by Italy, the Netherlands, Poland, Spain, the Czech Republic, Hungary, Sweden, Austria, Finland and Slovakia, which together accounted for a further X the main importing countries, Hungary, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Hungary ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+X%), while the other leaders experienced more modest paces of growth.

Kaynak: IndexBox Platformu