Colombia: Camel-Back Strips Market 2025

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

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