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Report Western Africa - Camel-Back Strips for Retreading Rubber Tires - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Western Africa: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in Western Africa

The West African camel-back strips market soared to $X in 2021, growing by 59% against the previous year. Over the period under review, consumption recorded buoyant growth. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in years to come.

Camel-Back Strips Production in Western Africa

In value terms, camel-back strips production reached $X in 2021 estimated in export price. In general, production continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Camel-Back Strips Exports

Exports in Western Africa

In 2019, after three years of growth, there was significant decline in shipments abroad of camel-back strips for retreading rubber tires, when their volume decreased by -79.4% to X kg. Over the period under review, exports saw a significant contraction. The pace of growth was the most pronounced in 2018 when exports increased by 1,056% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2019, the exports remained at a lower figure.

In value terms, camel-back strips exports shrank slightly to $X in 2019. Overall, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2018 with an increase of 118%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of camel-back strips for retreading rubber tires, namely Senegal, represented more than two-thirds of total export.

Senegal was also the fastest-growing in terms of the camel-back strips for retreading rubber tires exports, with a CAGR of +27.8% from 2013 to 2019. While the share of Senegal (+100 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

From 2013 to 2019, the average annual rate of growth in terms of value in Senegal totaled +24.3%.

Export Prices by Country

In 2019, the export price in Western Africa amounted to $X per ton, increasing by 362% against the previous year. In general, the export price, however, showed a mild decline. The pace of growth appeared the most rapid in 2018 an increase of 362%. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Senegal.

From 2013 to 2019, the rate of growth in terms of prices for Senegal amounted to -2.7% per year.

Camel-Back Strips Imports

Imports in Western Africa

In 2021, approx. X tons of camel-back strips for retreading rubber tires were imported in Western Africa; rising by 70% on the year before. In general, imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 156% against the previous year. The volume of import peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, camel-back strips imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 179% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, Ghana (X tons) and Nigeria (X tons) were the key importers of camel-back strips for retreading rubber tires in Western Africa, together mixing up 68% of total imports. It was distantly followed by Togo (X tons), Mauritania (X tons) and Senegal (X tons), together constituting a 31% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Togo (with a CAGR of +42.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Nigeria ($X) and Togo ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 75% share of total imports.

Togo, with a CAGR of +41.7%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 Western Africa amounted to $X per ton, growing by 4.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 51%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Senegal ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritania (+3.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of camel-back strips consumption was Ghana, accounting for 42% of total volume. Moreover, camel-back strips consumption in Ghana exceeded the figures recorded by the second-largest consumer, Senegal, twofold. The third position in this ranking was occupied by Nigeria, with a 17% share.
In value terms, Senegal, Ghana and Nigeria constituted the countries with the highest levels of imports in 2021, with a combined 74% share of total imports. Mauritania, Guinea, Togo and Cote d'Ivoire lagged somewhat behind, together accounting for a further 18%.
In 2019, the camel-back strips export price in Western Africa amounted to $3,764 per ton, rising by 640% against the previous year.
The camel-back strips import price in Western Africa stood at $3,036 per ton in 2021, picking up by 26% against the previous year.

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

  • Benin
  • Burkina Faso
  • Cabo Verde
  • Gambia
  • Ghana
  • Guinea
  • Guinea-Bissau
  • Liberia
  • Mali
  • Mauritania
  • Niger
  • Nigeria
  • Saint Helena, Ascension and Tristan da Cunha
  • Senegal
  • Sierra Leone
  • Togo
  • Cote d'Ivoire

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Western Africa, split by region and country
  • Trade (exports and imports) in Western Africa
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Benin
    • Burkina Faso
    • Cabo Verde
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Liberia
    • Mali
    • Mauritania
    • Niger
    • Nigeria
    • Saint Helena, Ascension and Tristan da Cunha
    • Senegal
    • Sierra Leone
    • Togo
    • Cote d'Ivoire

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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