The Japan Belting Industry Association recently announced the sales breakdown by end-use industry for conveyor belts and resin belts during the first half of 2025 (January–June). For conveyor belts, Japanese domestic sales accounted for 85.8% of the total on a value basis, down 7% year on year. Exports made up 14.2% of the total, but sales dropped sharply, down 59%...
The Japan Belting Industry Association announced the 2024 import and export performance of rubber belts, compiled based on Ministry of Finance trade statistics. According to the data, export value was 48.35 billion yen ($340.24 million), up 6% from the previous year, and import value was 12.80 billion yen, up 11% from the previous year. Imports shifted from a decline in...
The Japan Belting Industry Association has released its demand forecasts for rubber and plastic belts for the years 2024 and 2025. According to the report, rubber belt production in 2024 is expected to be 17,651 tons, down 9% from the previous year, and rubber belt demand in 2025 is forecast to be 17,402 tons, down 1% from the previous year....
On August 27, the Japan Belting Industry Association announced the sales ratios of conveyor belts and plastic belts by destination for the first half of 2024 (January-June). According to the report, Japanese domestic sales of conveyor belts accounted for 72.9% of total sales by destination (in value terms), with sales value up 10% year-on-year. Exports accounted for 27.1%, with sales...
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