CIS: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in CIS

The CIS camel-back strips market soared to $X in 2021, with an increase of 112% against the previous year. Overall, consumption, however, recorded a abrupt descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Camel-Back Strips Production in CIS

In value terms, camel-back strips production expanded notably to $X in 2021 estimated in export price. Overall, production posted a modest increase. The most prominent rate of growth was recorded in 2015 with an increase of 49% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Camel-Back Strips Exports

Exports in CIS

In 2021, camel-back strips exports in the CIS fell significantly to X tons, shrinking by -37.6% compared with 2020 figures. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 267%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, camel-back strips exports fell rapidly to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 279% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, reaching X tons, which was near 96% of total exports in 2021. Belarus (X kg) took a relatively small share of total exports.

Russia was also the fastest-growing in terms of the camel-back strips for retreading rubber tires exports, with a CAGR of +16.0% from 2012 to 2021. Belarus (-38.4%) illustrated a downward trend over the same period. While the share of Russia (+89 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belarus (-88.6 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest camel-back strips supplier in the CIS, comprising 98% of total exports. The second position in the ranking was held by Belarus ($X), with a 2.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at +21.5%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, surging by 34% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2014 an increase of 81%. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+8.0%).

Camel-Back Strips Imports

Imports in CIS

Camel-back strips imports surged to X tons in 2021, increasing by 99% on 2020. Overall, imports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2016 when imports increased by 135% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, camel-back strips imports soared to $X in 2021. In general, imports, however, saw a perceptible slump. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia was the main importing country with an import of around X tons, which amounted to 69% of total imports. It was distantly followed by Armenia (X tons), Kyrgyzstan (X tons) and Kazakhstan (X tons), together creating a 27% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to camel-back strips imports into Russia stood at -8.6%. At the same time, Kyrgyzstan (+52.0%) and Armenia (+11.4%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +52.0% from 2012-2021. By contrast, Kazakhstan (-19.2%) illustrated a downward trend over the same period. While the share of Armenia (+14 p.p.) and Kyrgyzstan (+5.3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-9.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported camel-back strips for retreading rubber tires in the CIS, comprising 74% of total imports. The second position in the ranking was taken by Armenia ($X), with an 11% share of total imports. It was followed by Kazakhstan, with a 7.8% share.

In Russia, camel-back strips imports declined by an average annual rate of -2.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Armenia (+14.2% per year) and Kazakhstan (-16.6% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, surging by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2014 when the import price increased by 39%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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