Latin America and the Caribbean: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in Latin America and the Caribbean

The Latin American camel-back strips market was estimated at $X in 2021, flattening at the previous year. In general, consumption recorded a perceptible shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Camel-Back Strips Production in Latin America and the Caribbean

In value terms, camel-back strips production shrank modestly to $X in 2021 estimated in export price. In general, production showed a slight reduction. The pace of growth was the most pronounced in 2019 when the production volume increased by 9.7% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Camel-Back Strips Exports

Exports in Latin America and the Caribbean

In 2021, shipments abroad of camel-back strips for retreading rubber tires increased by 46% to X tons, rising for the third year in a row after five years of decline. Overall, exports, however, showed a noticeable decrease. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, camel-back strips exports soared to $X in 2021. Over the period under review, exports, however, recorded a deep contraction. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil represented the main exporter of camel-back strips for retreading rubber tires in Latin America and the Caribbean, with the volume of exports accounting for X tons, which was near 79% of total exports in 2021. It was distantly followed by Mexico (X tons), achieving a 17% share of total exports. Argentina (X tons) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to camel-back strips exports from Brazil stood at +2.3%. At the same time, Argentina (+8.2%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +8.2% from 2012-2021. By contrast, Mexico (-13.0%) illustrated a downward trend over the same period. While the share of Brazil (+37 p.p.) and Argentina (+2.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Mexico (-21.5 p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest camel-back strips supplier in Latin America and the Caribbean, comprising 79% of total exports. The second position in the ranking was held by Mexico ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Brazil totaled -1.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (-14.3% per year) and Argentina (-1.7% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, standing approx. at the previous year. Overall, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of 9%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (-1.5%), while the other leaders experienced a decline in the export price figures.

Camel-Back Strips Imports

Imports in Latin America and the Caribbean

In 2021, purchases abroad of camel-back strips for retreading rubber tires increased by 51% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, recorded a deep setback. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, camel-back strips imports skyrocketed to $X in 2021. In general, imports, however, saw a deep contraction. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Paraguay (X tons), distantly followed by Argentina (X tons), Ecuador (X tons), Bolivia (X tons), Brazil (X tons), Colombia (X tons) and Guatemala (X tons) were the largest importers of camel-back strips for retreading rubber tires, together committing 84% of total imports. Uruguay (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Paraguay (with a CAGR of +9.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest camel-back strips importing markets in Latin America and the Caribbean were Brazil ($X), Paraguay ($X) and Argentina ($X), with a combined 57% share of total imports.

Paraguay, with a CAGR of +5.0%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 Latin America and the Caribbean stood at $X per ton in 2021, surging by 6.6% against the previous year. Overall, the import price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2020 when the import price increased by 15%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :