Report Update Nov 1, 2024

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

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Sri Lanka: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in Sri Lanka

The Sri Lankan camel-back strips market reduced slightly to $X in 2021, waning by -2.5% against the previous year. In general, consumption, however, showed a resilient increase. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Camel-Back Strips Production in Sri Lanka

In value terms, camel-back strips production totaled $X in 2021 estimated in export price. In general, production recorded a noticeable setback. The pace of growth was the most pronounced in 2015 with an increase of 9.2%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Camel-Back Strips Exports

Exports from Sri Lanka

In 2021, overseas shipments of camel-back strips for retreading rubber tires decreased by -3.7% to X kg, falling for the fifth year in a row after two years of growth. Over the period under review, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2015 with an increase of 231% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, camel-back strips exports fell slightly to $X in 2021. Overall, exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2015 with an increase of 285% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Qatar (X kg), the United States (X kg) and Ethiopia (X kg) were the main destinations of camel-back strips exports from Sri Lanka, together accounting for 94% 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 Qatar (with a CAGR of -5.8%), while the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for camel-back strips for retreading rubber tires exports from Sri Lanka, comprising 57% of total exports. The second position in the ranking was taken by Ethiopia ($X), with a 26% share of total exports. It was followed by Qatar, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -33.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (-49.1% per year) and Qatar (-22.7% per year).

Export Prices by Country

The average camel-back strips export price stood at $X per ton in 2021, with an increase of 2.6% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 16%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Qatar ($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 the Philippines (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Camel-Back Strips Imports

Imports into Sri Lanka

In 2021, the amount of camel-back strips for retreading rubber tires imported into Sri Lanka shrank sharply to X tons, falling by -55.4% on the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 14,530%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, camel-back strips imports reduced dramatically to $X in 2021. Over the period under review, imports, however, showed noticeable growth. The most prominent rate of growth was recorded in 2013 when imports increased by 18,927% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) was the main camel-back strips supplier to Sri Lanka, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands was relatively modest.

In value terms, the Netherlands ($X) constituted the largest supplier of camel-back strips for retreading rubber tires to Sri Lanka.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands was relatively modest.

Import Prices by Country

In 2021, the average camel-back strips import price amounted to $X per ton, growing by 9.8% against the previous year. Over the period under review, the import price posted a perceptible increase. The most prominent rate of growth was recorded in 2016 an increase of 98%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +0.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Turkey remains the largest camel-back strips consuming country worldwide, comprising approx. 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, comprising approx. 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 Sri Lanka?

In value terms, the Netherlands constituted the largest supplier of camel-back strips to Sri Lanka.

What are the leading importers of camel-back strips for retreading rubber tires from Sri Lanka?

In value terms, the United States remains the key foreign market for camel-back strips exports from Sri Lanka, comprising 79% of total exports. The second position in the ranking was occupied by Qatar, with a 12% share of total exports.

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

The average camel-back strips export price stood at $4,807 per ton in 2021, waning by -4.1% against the previous year.

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

In 2021, the average camel-back strips import price amounted to $3,786 per ton, reducing by -5.2% against the previous year.

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

Sri Lanka

Data coverage:

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