Report Update Nov 1, 2024

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

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Ghana: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in Ghana

The Ghanian camel-back strips market surged to $X in 2021, rising by 283% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a buoyant expansion. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the immediate term.

Camel-Back Strips Exports

Exports from Ghana

In 2018, approx. X kg of camel-back strips for retreading rubber tires were exported from Ghana; growing by 667% compared with the previous year. Over the period under review, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, camel-back strips exports skyrocketed to $X in 2018. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for camel-back strips exports from Ghana, with a approx. 100% share of total exports.

From 2016 to 2018, the average annual rate of growth in terms of volume to Cote d'Ivoire was relatively modest.

In value terms, Cote d'Ivoire ($X) emerged as the key foreign market for camel-back strips for retreading rubber tires exports from Ghana.

From 2016 to 2018, the average annual growth rate of value to Cote d'Ivoire was relatively modest.

Export Prices by Country

In 2018, the average camel-back strips export price amounted to $X per ton, increasing by 23% against the previous year. In general, export price indicated a significant expansion from 2016 to 2018: its price increased at an average annual rate of +25.6% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, camel-back strips export price increased by +57.8% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 29%. The export price peaked in 2018 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2016 to 2018, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.

Camel-Back Strips Imports

Imports into Ghana

In 2021, approx. X tons of camel-back strips for retreading rubber tires were imported into Ghana; increasing by 166% compared with 2020. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by 1,010%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, camel-back strips imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 1,042% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

The United Arab Emirates (X tons), Malaysia (X tons) and South Africa (X tons) were the main suppliers of camel-back strips imports to Ghana, together comprising 67% of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +127.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest camel-back strips suppliers to Ghana were South Africa ($X), China ($X) and Malaysia ($X), together comprising 58% of total imports. These countries were followed by the United Arab Emirates, India, Canada and Belgium, which together accounted for a further 24%.

The United Arab Emirates, with a CAGR of +98.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average camel-back strips import price stood at $X per ton in 2021, growing by 101% against the previous year. Overall, the import price recorded a modest expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Canada ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+10.1%), 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. Italy ranked third in terms of total consumption with an 8.8% share.

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

Turkey remains the largest camel-back strips producing country worldwide, 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 Ghana?

In value terms, Malaysia constituted the largest supplier of camel-back strips to Ghana, comprising 74% of total imports. The second position in the ranking was occupied by India, with a 26% share of total imports.

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

The average camel-back strips export price stood at $8,759 per ton in 2018, stabilizing at the previous year.

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

In 2021, the average camel-back strips import price amounted to $1,722 per ton, increasing by 1.6% against the previous year.

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

Ghana

Data coverage:

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