Report Update Nov 1, 2024

Colombia - Camel-Back Strips for Retreading Rubber Tires - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in Colombia

In 2021, the Colombian camel-back strips market increased by 82% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption saw strong growth. Camel-back strips consumption peaked in 2021 and is expected to retain growth in years to come.

Camel-Back Strips Exports

Exports from Colombia

Camel-back strips exports from Colombia dropped rapidly to X kg in 2021, waning by -33.5% compared with the previous year. In general, exports showed a dramatic shrinkage. The growth pace was the most rapid in 2019 when exports increased by 307%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, camel-back strips exports shrank sharply to $X in 2021. Overall, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2019 when exports increased by 322%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X kg) was the main destination for camel-back strips exports from Colombia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ecuador totaled -22.0%.

In value terms, Ecuador ($X) also remains the key foreign market for camel-back strips for retreading rubber tires exports from Colombia.

From 2012 to 2021, the average annual growth rate of value to Ecuador stood at -24.8%.

Export Prices by Country

The average camel-back strips export price stood at $X per ton in 2021, remaining stable against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of 10%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2021, the rate of growth in terms of prices for Peru amounted to +51.5% per year.

Camel-Back Strips Imports

Imports into Colombia

In 2021, purchases abroad of camel-back strips for retreading rubber tires increased by 85% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 467% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, camel-back strips imports skyrocketed to $X in 2021. In general, imports recorded a tangible expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 319%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Panama (X tons) constituted the largest camel-back strips supplier to Colombia, with a 48% share of total imports. Moreover, camel-back strips imports from Panama exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by Spain (X tons), with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Panama amounted to +49.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+35.5% per year) and Spain (+1,400.4% per year).

In value terms, Italy ($X) constituted the largest supplier of camel-back strips for retreading rubber tires to Colombia, comprising 61% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by Spain, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +34.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+22.1% per year) and Spain (+661.9% per year).

Import Prices by Country

In 2021, the average camel-back strips import price amounted to $X per ton, reducing by -7.5% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 57% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 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 ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for camel-back strips for retreading rubber tires in the world?

The country with the largest volume of camel-back strips consumption was Turkey, accounting for 47% of total volume. Moreover, camel-back strips consumption in Turkey exceeded the figures recorded by the second-largest consumer, the Netherlands, fourfold. The third position in this ranking was occupied by Italy, with an 8.8% share.

What are the largest producers of camel-back strips for retreading rubber tires in the world?

Turkey constituted the country with the largest volume of camel-back strips production, accounting for 50% of total volume. Moreover, camel-back strips production in Turkey exceeded the figures recorded by the second-largest producer, Italy, twofold. The third position in this ranking was occupied by Portugal, with a 9.5% share.

What are the leading suppliers of camel-back strips for retreading rubber tires to Colombia?

In value terms, Brazil constituted the largest supplier of camel-back strips to Colombia, comprising 59% of total imports. The second position in the ranking was occupied by Italy, with a 22% share of total imports. It was followed by the United States, with a 12% share.

What is the average export price for camel-back strips for retreading rubber tires in Colombia?

In 2021, the average camel-back strips export price amounted to $4,494 per ton, falling by -85% against the previous year.

What is the average import price for camel-back strips for retreading rubber tires in Colombia?

In 2021, the average camel-back strips import price amounted to $4,061 per ton, picking up by 7.5% against the previous year.

This report provides an in-depth analysis of the camel-back strips market in Colombia. 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:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023