Europe: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in Europe

The Europe camel-back strips market reduced modestly to $X in 2021, stabilizing at the previous year. Overall, consumption, however, continues to indicate a deep setback. The growth pace was the most rapid in 2020 when the market value increased by 4.2%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Camel-Back Strips Production in Europe

In value terms, camel-back strips production reached $X in 2021 estimated in export price. Overall, production, however, saw a perceptible descent. The growth pace was the most rapid in 2016 with an increase of 15% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Camel-Back Strips Exports

Exports in Europe

In 2021, after two years of decline, there was significant growth in shipments abroad of camel-back strips for retreading rubber tires, when their volume increased by 34% to X tons. The total export volume increased at an average annual rate of +4.7% 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 soared to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Portugal (X tons) and Italy (X tons) represented the major exporters of camel-back strips for retreading rubber tires in 2021, accounting for approx. 42% and 35% of total exports, respectively. The Netherlands (X tons) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by Austria (4.9%). Germany (X tons) took a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +155.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest camel-back strips supplying countries in Europe were Italy ($X), Portugal ($X) and Germany ($X), with a combined 81% share of total exports. These countries were followed by the Netherlands and Austria, which together accounted for a further 12%.

Among the main exporting countries, the Netherlands, with a CAGR of +121.4%, recorded the highest growth rate of the value of exports, 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 Europe amounted to $X per ton, growing by 2.8% against the previous year. Overall, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 3.8% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 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 Europe

In 2021, overseas purchases 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 import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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, saw a slight contraction. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands represented the largest importer of camel-back strips for retreading rubber tires in Europe, with the volume of imports accounting for X tons, which was near 43% of total imports in 2021. France (X tons) ranks second in terms of the total imports with a 9.7% share, followed by Italy (8.2%), Serbia (6%), Poland (5.4%) and Portugal (4.8%). The following importers - Denmark (X tons), Sweden (X tons), the Czech Republic (X tons), Germany (X tons), Lithuania (X tons) and Spain (X tons) - together made up 18% of total imports.

From 2012 to 2021, average annual rates of growth with regard to camel-back strips imports into the Netherlands stood at +12.3%. At the same time, Serbia (+79.4%), 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, Serbia emerged as the fastest-growing importer imported in Europe, with a CAGR of +79.4% 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. The Netherlands (+25 p.p.), Serbia (+5.9 p.p.), Denmark (+2.9 p.p.), Sweden (+2.9 p.p.) and Lithuania (+2 p.p.) significantly strengthened its position in terms of the total imports, while Portugal and Germany saw its share reduced by -2.2% and -4.6% from 2012 to 2021, 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 Europe were the Netherlands ($X), France ($X) and Italy ($X), with a combined 42% share of total imports. These countries were followed by Denmark, Poland, Sweden, Serbia, Portugal, Spain, Lithuania, Germany and the Czech Republic, which together accounted for a further 49%.

In terms of the main importing countries, Serbia, with a CAGR of +70.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, with an increase of 2.5% against the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 5.7%. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, 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 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