Canada: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in Canada

In 2022, the Canadian camel-back strips market was finally on the rise to reach $X after two years of decline. Overall, consumption continues to indicate a drastic downturn. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Camel-Back Strips Production in Canada

In value terms, camel-back strips production amounted to less than $X in 2022 estimated in export price. In general, production continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when the production volume decreased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Camel-Back Strips Exports

Exports from Canada

In 2022, exports of camel-back strips for retreading rubber tires from Canada dropped to X tons, falling by X% against the year before. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, camel-back strips exports expanded modestly to $X in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for camel-back strips exports from Canada, with a X% share of total exports. Moreover, camel-back strips exports to the United States exceeded the volume sent to the second major destination, Senegal (X kg), more than tenfold. Saint Pierre and Miquelon (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (X% per year) and Saint Pierre and Miquelon (X% per year).

In value terms, the United States ($X) remains the key foreign market for camel-back strips for retreading rubber tires exports from Canada, comprising X% of total exports. The second position in the ranking was taken by Senegal ($X), with a X% share of total exports. It was followed by Saint Pierre and Miquelon, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (X% per year) and Saint Pierre and Miquelon (X% per year).

Export Prices by Country

In 2022, the average camel-back strips export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saint Pierre and Miquelon ($X per ton) and the United States ($X per ton), while the average price for exports to Venezuela ($X per ton) and Guatemala ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saint Pierre and Miquelon (X%), while the prices for the other major destinations experienced more modest paces of growth.

Camel-Back Strips Imports

Imports into Canada

In 2022, the amount of camel-back strips for retreading rubber tires imported into Canada declined significantly to X tons, shrinking by X% on 2021 figures. In general, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, camel-back strips imports contracted dramatically to $X in 2022. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons) and Germany (X tons) were the main suppliers of camel-back strips imports to Canada.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%).

In value terms, the United States ($X) and Germany ($X) were the largest camel-back strips suppliers to Canada.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average camel-back strips import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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