Brazil: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in Brazil

The Brazilian camel-back strips market dropped to $X in 2021, shrinking by -11.2% against the previous year. In general, consumption recorded a slight setback. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Camel-Back Strips Production in Brazil

In value terms, camel-back strips production reduced modestly to $X in 2021 estimated in export price. Overall, production recorded a slight descent. The pace of growth appeared the most rapid in 2019 when the production volume increased by 16%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Camel-Back Strips Exports

Exports from Brazil

In 2021, camel-back strips exports from Brazil soared to X tons, increasing by 55% against the previous year's figure. Over the period under review, exports enjoyed a tangible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, camel-back strips exports soared to $X in 2021. Overall, exports, however, showed a mild reduction. The most prominent rate of growth was recorded in 2019 with an increase of 65% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Paraguay (X tons), Argentina (X tons) and Colombia (X tons) were the main destinations of camel-back strips exports from Brazil, together accounting for 68% of total exports. Chile, South Africa, Bolivia, Uruguay, Mexico, Australia, Ecuador, Turkey, the United States and Slovenia lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +391.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for camel-back strips exported from Brazil were Paraguay ($X), Argentina ($X) and Colombia ($X), together comprising 62% of total exports. Chile, Uruguay, Bolivia, South Africa, Ecuador, Mexico, Turkey, Australia, the United States and Slovenia lagged somewhat behind, together accounting for a further 32%.

South Africa, with a CAGR of +377.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average camel-back strips export price amounted to $X per ton, with a decrease of -1.5% against the previous year. In general, the export price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by 20%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Camel-Back Strips Imports

Imports into Brazil

In 2021, purchases abroad of camel-back strips for retreading rubber tires increased by 88% to X tons, rising for the second consecutive year after three years of decline. Overall, imports enjoyed a tangible increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,076% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, camel-back strips imports soared to $X in 2021. Over the period under review, imports posted a noticeable expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,583% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of camel-back strips to Brazil, accounting for a 84% share of total imports. Moreover, camel-back strips imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+80.5% per year) and Italy (-22.4% per year).

In value terms, the United States ($X) constituted the largest supplier of camel-back strips for retreading rubber tires to Brazil, comprising 94% of total imports. The second position in the ranking was taken by China ($X), with a 2.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+113.1% per year) and Italy (-15.8% per year).

Import Prices by Country

The average camel-back strips import price stood at $X per ton in 2021, with an increase of 3.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 118% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :