Scandinavia: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in Scandinavia

The Scandinavia camel-back strips market surged to $X in 2021, with an increase of 39% against the previous year. In general, consumption saw a buoyant expansion. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Camel-Back Strips Production in Scandinavia

In value terms, camel-back strips production expanded markedly to $X in 2021 estimated in export price. Overall, production continues to indicate a slight slump. The pace of growth appeared the most rapid in 2017 when the production volume increased by 6.7% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Camel-Back Strips Exports

Exports in Scandinavia

In 2021, shipments abroad of camel-back strips for retreading rubber tires increased by 11% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 20%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, camel-back strips exports soared to $X in 2021. In general, exports, however, continue to indicate a abrupt setback. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Finland (X tons) and Norway (X tons) represented roughly 82% of total exports in 2021. It was distantly followed by Sweden (X tons), comprising an 18% 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 Norway (with a CAGR of +22.1%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest camel-back strips supplying countries in Scandinavia were Finland ($X), Sweden ($X) and Norway ($X), together comprising 100% of total exports.

In terms of the main exporting countries, Sweden, with a CAGR of +18.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, increasing by 14% against the previous year. In general, the export price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+3.2%), while the other leaders experienced a decline in the export price figures.

Camel-Back Strips Imports

Imports in Scandinavia

In 2021, camel-back strips imports in Scandinavia surged to X tons, increasing by 36% on the year before. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 111% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, camel-back strips imports soared to $X in 2021. Over the period under review, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 104%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Denmark (X tons) and Sweden (X tons) prevails in imports structure, together generating 87% of total imports. It was distantly followed by Finland (X tons), making up an 8.4% share of total imports. Norway (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Sweden (with a CAGR of +40.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Finland ($X) constituted the countries with the highest levels of imports in 2021, with a combined 97% share of total imports.

In terms of the main importing countries, Sweden, with a CAGR of +41.7%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, surging by 7.1% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by 34% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 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 Sweden ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+1.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform