Finland: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in Finland

In 2021, the Finnish camel-back strips market increased by 9% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed significant growth. Camel-back strips consumption peaked at $X in 2018; afterwards, it flattened through to 2021.

Camel-Back Strips Production in Finland

In value terms, camel-back strips production expanded notably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 13% against the previous year. Camel-back strips production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Camel-Back Strips Exports

Exports from Finland

In 2021, shipments abroad of camel-back strips for retreading rubber tires was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 26%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, camel-back strips exports expanded remarkably to $X in 2021. In general, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 33%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tons), Russia (X tons) and Iceland (X tons) were the main destinations of camel-back strips exports from Finland, with a combined 99% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +34.3%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for camel-back strips exported from Finland were Russia ($X), Norway ($X) and Iceland ($X), together comprising 98% of total exports.

In terms of the main countries of destination, Norway, with a CAGR of +27.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average camel-back strips export price stood at $X per ton in 2021, picking up by 3.3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 14% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Camel-Back Strips Imports

Imports into Finland

For the third year in a row, Finland recorded growth in supplies from abroad of camel-back strips for retreading rubber tires, which increased by 1.6% to X tons in 2021. Over the period under review, imports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 11%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, camel-back strips imports expanded remarkably to $X in 2021. In general, imports, however, saw a abrupt decline. The growth pace was the most rapid in 2019 with an increase of 11% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Austria (X tons) and Germany (X tons) were the main suppliers of camel-back strips imports to Finland, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +53.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest camel-back strips suppliers to Finland were Austria ($X), Germany ($X) and Spain ($X), together accounting for 98% of total imports.

Among the main suppliers, Germany, with a CAGR of +53.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average camel-back strips import price stood at $X per ton in 2021, increasing by 6.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 8%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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