South Africa: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in South Africa

The South African camel-back strips market reduced to $X in 2021, shrinking by -4.5% against the previous year. In general, consumption, however, recorded significant growth. Camel-back strips consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Camel-Back Strips Production in South Africa

In value terms, camel-back strips production rose slightly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 33% against the previous year. Camel-back strips production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Camel-Back Strips Exports

Exports from South Africa

After three years of growth, shipments abroad of camel-back strips for retreading rubber tires decreased by -26.7% to X tons in 2021. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 140%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, camel-back strips exports shrank sharply to $X in 2021. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 99%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Mozambique (X tons), Zambia (X tons) and Madagascar (X tons) were the main destinations of camel-back strips exports from South Africa, together accounting for 75% of total exports. Kenya, Russia and Ghana lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Ghana (with a CAGR of +29.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for camel-back strips exported from South Africa were Mozambique ($X), Zambia ($X) and Madagascar ($X), with a combined 81% share of total exports. These countries were followed by Kenya, Russia and Ghana, which together accounted for a further 17%.

Ghana, with a CAGR of +21.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average camel-back strips export price amounted to $X per ton, growing by 10% against the previous year. Over the period under review, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 55%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Kenya ($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 Madagascar (-3.2%), while the prices for the other major destinations experienced a decline.

Camel-Back Strips Imports

Imports into South Africa

In 2021, purchases abroad of camel-back strips for retreading rubber tires decreased by -90.9% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 10,073% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, camel-back strips imports dropped rapidly to $X in 2021. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2015 when imports increased by 18,947% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest camel-back strips supplier to South Africa, accounting for a 80% share of total imports. Moreover, camel-back strips imports from France exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Singapore (X kg) ranked third in terms of total imports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +77.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-32.4% per year) and Singapore (0.0% per year).

In value terms, France ($X) constituted the largest supplier of camel-back strips for retreading rubber tires to South Africa, comprising 94% of total imports. The second position in the ranking was held by Singapore ($X), with a 2.5% share of total imports. It was followed by India, with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +96.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (0.0% per year) and India (0.0% per year).

Import Prices by Country

The average camel-back strips import price stood at $X per ton in 2021, with an increase of 182% against the previous year. Over the period under review, the import price posted a modest increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+10.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :