Philippines - Camel-Back Strips For Retreading Rubber Tires - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCamel-Back Strips Price in the Philippines - 2023
Contents:
- Camel-Back Strips Price in the Philippines (CIF) - 2022
- Camel-Back Strips Price in the Philippines (FOB) - 2022
- Camel-Back Strips Imports in the Philippines
- Camel-Back Strips Exports in the Philippines
Camel-Back Strips Price in the Philippines (CIF) - 2022
In 2022, the average camel-back strips import price amounted to $657 per ton, dropping by -50.4% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 115% against the previous year. Over the period under review, average import prices reached the peak figure at $3,949 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($709 per ton), while the price for India amounted to $543 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.6%), while the prices for the other major suppliers experienced a decline.
Camel-Back Strips Price in the Philippines (FOB) - 2022
The average camel-back strips export price stood at $7,219 per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2017 an increase of 838%. As a result, the export price reached the peak level of $29,545 per ton. From 2018 to 2021, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to +86.4% per year.
Camel-Back Strips Imports in the Philippines
In 2022, overseas purchases of camel-back strips for retreading rubber tires decreased by -54.1% to 87 tons, falling for the second year in a row after two years of growth. In general, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, imports reached the peak of 682 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, camel-back strips imports reduced dramatically to $57K in 2022. Over the period under review, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of $635K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Camel-Back Strips in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 5.1 | 8.8 | 4.5 | 39.7 | 98.2% |
| India | 40.4 | 13.5 | 11.8 | 16.7 | -25.5% |
| Hong Kong SAR | 78.6 | 82.9 | 25.9 | N/A | -42.6% |
| Thailand | 315 | 422 | 167 | N/A | -27.2% |
| China | 15.5 | 11.0 | 1.5 | N/A | -68.9% |
| United States | 54.6 | 73.6 | 35.5 | N/A | -19.4% |
| Others | 50.5 | 23.2 | 4.9 | 0.7 | -76.0% |
| Total | 560 | 635 | 251 | 57.1 | -53.3% |
Top Suppliers of Camel-Back Strips to the Philippines in 2022:
- Malaysia (56.0 tons)
- India (30.7 tons)
Camel-Back Strips Exports in the Philippines
In 2021, approx. 556 kg of camel-back strips for retreading rubber tires were exported from the Philippines; stabilizing at the previous year's figure. Overall, exports continue to indicate a perceptible curtailment. The smallest decline of 99.9% was in 2020.
In value terms, camel-back strips exports amounted to $4K in 2021. Over the period under review, exports posted a mild expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the immediate term.
| Export of Camel-Back Strips in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Singapore | N/A | N/A | 4.0 | 0% | |
| United States | 0.4 | N/A | N/A | 0% | |
| Turkey | 3.5 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 3.9 | N/A | 4.0 | 1.3% | |
Top Export Markets for Camel-Back Strips from the Philippines in 2022:
- Singapore (556.0 kg)
This report provides an in-depth analysis of the camel-back strips market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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