United Arab Emirates: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in the United Arab Emirates

In 2021, the camel-back strips market in the United Arab Emirates decreased by less than 0.1% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption continues to indicate prominent growth. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2021.

Camel-Back Strips Exports

Exports from the United Arab Emirates

Camel-back strips exports from the United Arab Emirates surged to X tons in 2021, picking up by 29% against 2020 figures. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 302%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, camel-back strips exports skyrocketed to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 1,023% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for camel-back strips exports from the United Arab Emirates, with a 615% share of total exports. Moreover, camel-back strips exports to China exceeded the volume sent to the second major destination, Jordan (X tons), twofold. The third position in this ranking was held by Tanzania (X tons), with an 182% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (0.0% per year) and Tanzania (+261.6% per year).

In value terms, the largest markets for camel-back strips exported from the United Arab Emirates were China ($X), the United States ($X) and Kenya ($X).

Kenya, with a CAGR of +1,047.1%, recorded 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

The average camel-back strips export price stood at $X per ton in 2021, surging by 169% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 180% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Jordan ($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 Sudan (+1.3%), while the prices for the other major destinations experienced a decline.

Camel-Back Strips Imports

Imports into the United Arab Emirates

In 2021, overseas purchases of camel-back strips for retreading rubber tires increased by 1% to X tons, rising for the fourth consecutive year after four years of decline. Over the period under review, imports posted a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by 206% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, camel-back strips imports fell slightly to $X in 2021. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 121% 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, India (X tons) constituted the largest camel-back strips supplier to the United Arab Emirates, with a 55% share of total imports. Moreover, camel-back strips imports from India exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), more than tenfold. Indonesia (X tons) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+10.7% per year) and Indonesia (0.0% per year).

In value terms, India ($X) constituted the largest supplier of camel-back strips for retreading rubber tires to the United Arab Emirates, comprising 48% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 5% share of total imports. It was followed by Indonesia, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value from India stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+8.6% per year) and Indonesia (0.0% per year).

Import Prices by Country

In 2021, the average camel-back strips import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2017 when the average import price increased by 87%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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