South-Eastern Asia: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in South-Eastern Asia

In 2022, the Southeast Asian camel-back strips market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Camel-Back Strips Production in South-Eastern Asia

In value terms, camel-back strips production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Camel-Back Strips Exports

Exports in South-Eastern Asia

In 2022, camel-back strips exports in South-Eastern Asia reduced slightly to X tons, flattening at the previous year's figure. Over the period under review, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, camel-back strips exports expanded to $X in 2022. In general, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. Vietnam (X tons) held the second position in the ranking, followed by Indonesia (X tons). All these countries together took approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to camel-back strips exports from Malaysia stood at X%. At the same time, Indonesia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Vietnam (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam and Indonesia increased by X and X percentage points, respectively.

In value terms, Malaysia ($X) remains the largest camel-back strips supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Malaysia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Camel-Back Strips Imports

Imports in South-Eastern Asia

In 2022, the amount of camel-back strips for retreading rubber tires imported in South-Eastern Asia skyrocketed to X tons, rising by X% on the year before. In general, imports, however, continue to indicate a deep reduction. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, camel-back strips imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Indonesia (X tons) was the key importer of camel-back strips for retreading rubber tires, creating X% of total imports. It was distantly followed by the Philippines (X tons), making up a X% share of total imports. Thailand (X tons), Malaysia (X tons) and Myanmar (X tons) held a minor share of total imports.

Imports into Indonesia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, the Philippines (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia, the Philippines, Myanmar and Malaysia increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported camel-back strips for retreading rubber tires in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with an X% share of total imports. It was followed by the Philippines, with a X% share.

In Indonesia, camel-back strips imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (X% per year) and the Philippines (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, growing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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