Middle East: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in the Middle East

The Middle Eastern camel-back strips market amounted to $X in 2022, rising by X% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Camel-Back Strips Production in the Middle East

In value terms, camel-back strips production stood at $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Camel-Back Strips Exports

Exports in the Middle East

In 2022, overseas shipments of camel-back strips for retreading rubber tires increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, camel-back strips exports soared to $X in 2022. In general, exports recorded a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United Arab Emirates (X tons) was the main exporter of camel-back strips for retreading rubber tires, making up X% of total exports. It was distantly followed by Turkey (X tons), achieving an X% share of total exports. Palestine (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the camel-back strips for retreading rubber tires exports, with a CAGR of X% from 2012 to 2022. At the same time, Palestine (X%) displayed positive paces of growth. By contrast, Turkey (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) emerged as the largest camel-back strips supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

In the United Arab Emirates, camel-back strips exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Palestine (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Camel-Back Strips Imports

Imports in the Middle East

In 2022, the amount of camel-back strips for retreading rubber tires imported in the Middle East contracted notably to X tons, which is down by X% on 2021 figures. Overall, imports recorded a deep setback. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, camel-back strips imports contracted markedly to $X in 2022. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons) and Turkey (X tons) represented roughly X% of total imports in 2022. Yemen (X tons) ranks next in terms of the total imports with a X% share, followed by Bahrain (X%). Palestine (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bahrain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Yemen ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Bahrain and Palestine lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Bahrain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, 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 Turkey ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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