World - Camel-Back Strips For Retreading Rubber Tires - Market Analysis, Forecast, Size, Trends And Insights
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The article discusses the increasing demand for camel-back strips used in retreading rubber tires globally, with market performance expected to show significant growth over the next eight years. Consumption trends, production rates, import/export data, and key market players are analyzed, providing insights into the market landscape and future projections. Notable findings include Turkey leading in both consumption and production, Italy and Portugal dominating in exports, and significant fluctuations in import/export prices over the past decade.
Market Forecast
Driven by increasing demand for camel-back strips for retreading rubber tires worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +5.9% for the period from 2022 to 2030, which is projected to bring the market volume to 111K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +7.0% for the period from 2022 to 2030, which is projected to bring the market value to $863M (in nominal prices) by the end of 2030.
Consumption
World Consumption of Camel-Back Strips For Retreading Rubber Tires
In 2022, after three years of growth, there was significant decline in consumption of camel-back strips for retreading rubber tires, when its volume decreased by -9% to 70K tons. The total consumption volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption reached the peak volume of 80K tons. From 2016 to 2022, the growth of the global consumption remained at a lower figure.
The global camel-back strips market value amounted to $501M in 2022, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2022 and is likely to see steady growth in years to come.
Consumption By Country
Turkey (29K tons) remains the largest camel-back strips consuming country worldwide, accounting for 41% of total volume. Moreover, camel-back strips consumption in Turkey exceeded the figures recorded by the second-largest consumer, Italy (8.5K tons), threefold. Malaysia (5.5K tons) ranked third in terms of total consumption with a 7.8% share.
From 2012 to 2022, the average annual growth rate of volume in Turkey amounted to +8.2%. The remaining consuming countries recorded the following average annual rates of consumption growth: Italy (+6.0% per year) and Malaysia (+18.8% per year).
In value terms, Turkey ($336M) led the market, alone. The second position in the ranking was held by the United States ($31M). It was followed by Italy.
From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at +6.5%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+14.0% per year) and Italy (+2.7% per year).
The countries with the highest levels of camel-back strips per capita consumption in 2022 were Turkey (338 kg per 1000 persons), Portugal (254 kg per 1000 persons) and Malaysia (165 kg per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +36.4%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Camel-Back Strips For Retreading Rubber Tires
In 2022, production of camel-back strips for retreading rubber tires increased by 20% to 92K tons, rising for the fourth year in a row after two years of decline. The total output volume increased at an average annual rate of +5.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production attained the peak volume and is likely to continue growth in the immediate term.
In value terms, camel-back strips production totaled $473M in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the production volume increased by 9.9%. Global production peaked at $476M in 2020; however, from 2021 to 2022, production failed to regain momentum.
Production By Country
The countries with the highest volumes of production in 2022 were Turkey (29K tons), Italy (25K tons) and Portugal (16K tons), with a combined 76% share of global production.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Turkey (with a CAGR of +8.8%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Camel-Back Strips For Retreading Rubber Tires
In 2022, approx. 19K tons of camel-back strips for retreading rubber tires were imported worldwide; waning by -40.4% on the previous year. In general, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 21%. Global imports peaked at 36K tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
In value terms, camel-back strips imports shrank markedly to $77M in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Global imports peaked at $139M in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports By Country
The purchases of the twelve major importers of camel-back strips for retreading rubber tires, namely France, Italy, Sweden, the Czech Republic, Portugal, Poland, Denmark, Germany, Lithuania, Spain, Indonesia and Hong Kong SAR, represented more than two-thirds of total import. The United Arab Emirates (460 tons) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +44.1%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the largest camel-back strips importing markets worldwide were France ($10M), Sweden ($8.4M) and Italy ($5.9M), together accounting for 32% of global imports.
Sweden, with a CAGR of +44.5%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average camel-back strips import price amounted to $4,092 per ton, increasing by 37% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($5,844 per ton), while Hong Kong SAR ($2,114 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.2%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Camel-Back Strips For Retreading Rubber Tires
In 2022, shipments abroad of camel-back strips for retreading rubber tires increased by 30% to 40K tons, rising for the second year in a row after two years of decline. In general, total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 30%. Over the period under review, the global exports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, camel-back strips exports skyrocketed to $122M in 2022. Overall, exports, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 33%. The global exports peaked at $144M in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports By Country
Italy (18K tons) and Portugal (15K tons) prevails in exports structure, together making up 82% of total exports. Austria (1,324 tons), Germany (983 tons), Brazil (912 tons), China (743 tons) and India (702 tons) took a minor share of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Portugal (with a CAGR of +12.5%), while the other global leaders experienced more modest paces of growth.
In value terms, the largest camel-back strips supplying countries worldwide were Italy ($53M), Portugal ($32M) and Germany ($10M), with a combined 78% share of global exports. Austria, Brazil, China and India lagged somewhat behind, together accounting for a further 10%.
Among the main exporting countries, China, with a CAGR of +7.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average camel-back strips export price amounted to $3,035 per ton, shrinking by -7.7% against the previous year. Overall, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2017 an increase of 2.6%. The global export price peaked at $4,511 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($10,397 per ton), while Portugal ($2,141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the other global leaders experienced a decline in the export price figures.
This report provides an in-depth analysis of the global camel-back strips market. 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 22111600 - Camel-back strips for retreading rubber tyres
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
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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
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
This report provides an in-depth analysis of the global camel-back strips market.
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