Italy - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Conveyor or Transmission Belt in Italy - 2023
Contents:
- Price for Conveyor or Transmission Belt in Italy (FOB) - 2022
- Price for Conveyor or Transmission Belt in Italy (CIF) - 2023
- Exports of Conveyor or Transmission Belt in Italy
- Imports of Conveyor or Transmission Belt in Italy
Price for Conveyor or Transmission Belt in Italy (FOB) - 2022
The average conveyor or transmission belt export price stood at $21,406 per ton in 2022, shrinking by -1.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 7.8% against the previous year. The export price peaked at $22,217 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($45,147 per ton), while the average price for exports to Pakistan ($1,634 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Conveyor or Transmission Belt in Italy (CIF) - 2023
The average conveyor or transmission belt import price stood at $8,283 per ton in July 2023, reducing by -9.5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 36% month-to-month. The import price peaked at $12,313 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($33,326 per ton), while the price for China ($2,821 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Conveyor or Transmission Belt in Italy
Conveyor or transmission belt exports from Italy rose remarkably to 15K tons in 2022, increasing by 12% compared with the previous year. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, conveyor or transmission belt exports rose sharply to $329M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Conveyor or Transmission Belt in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 40.3 | 33.1 | 45.4 | 48.4 | 6.3% |
France | 45.3 | 39.3 | 44.6 | 47.6 | 1.7% |
United States | 11.8 | 15.5 | 19.9 | 21.2 | 21.6% |
Turkey | 8.1 | 8.7 | 17.9 | 19.1 | 33.1% |
Spain | 16.5 | 14.8 | 17.0 | 18.1 | 3.1% |
United Kingdom | 19.7 | 16.3 | 14.5 | 17.3 | -4.2% |
Poland | 11.2 | 12.7 | 14.8 | 15.7 | 11.9% |
Algeria | 13.5 | 7.8 | 11.1 | 11.8 | -4.4% |
Russia | 8.5 | 8.0 | 9.2 | 9.8 | 4.9% |
Hungary | 6.6 | 9.2 | 8.6 | 9.2 | 11.7% |
Switzerland | 17.0 | 2.7 | 1.8 | 7.3 | -24.6% |
Morocco | 3.5 | 2.4 | 2.9 | 3.1 | -4.0% |
Pakistan | 1.7 | 0.9 | 0.8 | 1.2 | -11.0% |
Others | 80.4 | 75.0 | 90.2 | 98.8 | 7.1% |
Total | 284 | 246 | 299 | 329 | 5.0% |
Top Export Markets for Conveyor or Transmission Belt from Italy in 2022:
- France (1.7K tons)
- Germany (1.4K tons)
- Turkey (0.8K tons)
- Pakistan (0.7K tons)
- Spain (0.7K tons)
- United States (0.6K tons)
- Switzerland (0.6K tons)
- Algeria (0.5K tons)
- Poland (0.4K tons)
- Morocco (0.4K tons)
- United Kingdom (0.4K tons)
- Hungary (0.4K tons)
- Russia (0.4K tons)
Imports of Conveyor or Transmission Belt in Italy
Conveyor or transmission belt imports into Italy rose rapidly to 22K tons in 2022, growing by 5.1% compared with the previous year. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, conveyor or transmission belt imports reached $191M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Conveyor or Transmission Belt in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 46.2 | 39.0 | 51.9 | 51.4 | 3.6% |
China | 24.8 | 21.0 | 25.1 | 24.9 | 0.1% |
Turkey | 4.5 | 4.9 | 18.1 | 17.9 | 58.4% |
France | 9.8 | 7.2 | 13.6 | 13.4 | 11.0% |
Netherlands | 7.1 | 7.0 | 10.0 | 9.9 | 11.7% |
Slovenia | 5.3 | 4.8 | 6.6 | 6.6 | 7.6% |
India | 5.0 | 3.1 | 3.9 | 3.9 | -7.9% |
Others | 46.9 | 46.4 | 61.7 | 63.4 | 10.6% |
Total | 150 | 133 | 191 | 191 | 8.4% |
Top Suppliers of Conveyor or Transmission Belt to Italy in 2022:
- China (7.2K tons)
- Turkey (5.2K tons)
- Germany (3.9K tons)
- India (1.2K tons)
- Netherlands (1.0K tons)
- France (0.5K tons)
- Slovenia (0.4K tons)
This report provides an in-depth analysis of the market for conveyor or transmission belt in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
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Explore the top 10 countries driving the import market for conveyor or transmission belts in 2023. Learn about the key players and trends shaping the industry.
In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
In 2016, the amount of conveyor belt imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, conveyor belt imports continue to indicate a relativ...
The global trade in conveyor or transmission belts or belting amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by recovery over the next two years, unti
TGW, a global leading manufacturer of dynamic automated logistics solutions for warehousing, production, order picking and distribution, has opened a manufacturing site in Changzhou, China.