United Kingdom: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in the UK

The UK camel-back strips market was finally on the rise to reach $X in 2021, after four years of decline. Over the period under review, consumption, however, continues to indicate a deep slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Camel-Back Strips Production in the UK

In value terms, camel-back strips production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt contraction. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Camel-Back Strips Exports

Exports from the UK

In 2021, shipments abroad of camel-back strips for retreading rubber tires decreased by -70.2% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 52% against the previous year. Over the period under review, the exports attained 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 shrank dramatically to $X in 2021. In general, exports showed a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 52% 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

Ireland (X tons) was the main destination for camel-back strips exports from the UK, with a 74% share of total exports. Moreover, camel-back strips exports to Ireland exceeded the volume sent to the second major destination, Austria (X tons), fourfold. The third position in this ranking was held by Latvia (X tons), with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland amounted to -15.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-2.3% per year) and Latvia (-17.9% per year).

In value terms, India ($X), Ireland ($X) and Austria ($X) were the largest markets for camel-back strips exported from the UK worldwide, together comprising 88% of total exports.

Among the main countries of destination, India, with a CAGR of +59.3%, 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.

Export Prices by Country

The average camel-back strips export price stood at $X per ton in 2021, surging by 153% against the previous year. In general, the export price posted a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 India ($X per ton), while the average price for exports to Latvia ($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 India (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.

Camel-Back Strips Imports

Imports into the UK

For the fourth year in a row, the UK recorded decline in supplies from abroad of camel-back strips for retreading rubber tires, which decreased by -70.8% to X tons in 2021. Overall, imports faced a precipitous contraction. The growth pace was the most rapid in 2017 with an increase of 1.6%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, camel-back strips imports fell dramatically to $X in 2021. In general, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2017 when imports increased by 1.8% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Malaysia (X tons) and Spain (X tons) were the main suppliers of camel-back strips imports to the UK, with a combined 96% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +719.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest camel-back strips suppliers to the UK were Turkey ($X), Malaysia ($X) and Spain ($X), with a combined 87% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +264.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average camel-back strips import price amounted to $X per ton, increasing by 15% against the previous year. Overall, the import price, however, showed a perceptible downturn. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+20.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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