EU: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in the EU

After two years of growth, the EU camel-back strips market decreased by -5.7% to $X in 2021. Overall, consumption continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the market value increased by 5%. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Camel-Back Strips Production in the EU

In value terms, camel-back strips production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2016 with an increase of 15% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Camel-Back Strips Exports

Exports in the EU

In 2021, overseas shipments of camel-back strips for retreading rubber tires were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 skyrocketed to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Portugal (X tons) and Italy (X tons) were the largest exporters of camel-back strips for retreading rubber tires in 2021, accounting for near 43% and 36% of total exports, respectively. The Netherlands (X tons) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Austria (4.9%). Germany (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +155.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Portugal ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 82% of total exports. The Netherlands and Austria lagged somewhat behind, together accounting for a further 12%.

The Netherlands, with a CAGR of +121.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, growing by 2.3% against the previous year. In general, the export price, however, recorded a drastic downturn. The growth pace was the most rapid in 2017 an increase of 3.9% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.0%), while the other leaders experienced a decline in the export price figures.

Camel-Back Strips Imports

Imports in the EU

In 2021, imports of camel-back strips for retreading rubber tires in the European Union skyrocketed to X tons, growing by 29% on 2020 figures. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, camel-back strips imports skyrocketed to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands represented the main importing country with an import of about X tons, which recorded 47% of total imports. France (X tons) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by Italy (8.9%), Poland (5.9%) and Portugal (5.2%). Denmark (X tons), Sweden (X tons), the Czech Republic (X tons), Germany (X tons), Lithuania (X tons) and Spain (X tons) took a minor share of total imports.

Imports into the Netherlands increased at an average annual rate of +12.3% from 2012 to 2021. At the same time, Sweden (+40.1%), Lithuania (+18.4%), Denmark (+17.5%), Italy (+3.0%), the Czech Republic (+1.4%) and France (+1.2%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in the European Union, with a CAGR of +40.1% from 2012-2021. Spain and Poland experienced a relatively flat trend pattern. By contrast, Portugal (-2.3%) and Germany (-8.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands, Sweden, Denmark and Lithuania increased by +25, +3.1, +3 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest camel-back strips importing markets in the European Union were the Netherlands ($X), France ($X) and Italy ($X), together accounting for 46% of total imports. Denmark, Poland, Sweden, Portugal, Spain, Lithuania, Germany and the Czech Republic lagged somewhat behind, together comprising a further 47%.

Sweden, with a CAGR of +41.7%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the import price, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2016 an increase of 9.1%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while the Netherlands ($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 Netherlands (+3.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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