South-Eastern Asia: Camel-Back Strips Market 2024

Camel-Back Strips Market Size in South-Eastern Asia

The Southeast Asian camel-back strips market shrank to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption showed a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Camel-Back Strips Production in South-Eastern Asia

In value terms, camel-back strips production expanded modestly to $X in 2023 estimated in export price. Overall, production, however, saw a slight slump. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

Camel-Back Strips Exports

Exports in South-Eastern Asia

In 2023, camel-back strips exports in South-Eastern Asia fell to X tons, waning by X% against 2022 figures. Over the period under review, exports recorded a slight slump. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, camel-back strips exports shrank to $X in 2023. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia was the major exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Vietnam (X tons), constituting a X% share of total exports.

Malaysia 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 2023. Vietnam (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Vietnam (X p.p.) displayed negative dynamics.

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 an X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Malaysia totaled X%.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the export price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Malaysia totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%).

Camel-Back Strips Imports

Imports in South-Eastern Asia

In 2023, supplies from abroad of camel-back strips for retreading rubber tires decreased by X% to X tons, falling for the third year in a row after three years of growth. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, camel-back strips imports reduced dramatically to $X in 2023. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Indonesia (X tons) and the Philippines (X tons) represented the major importers of camel-back strips for retreading rubber tires in South-Eastern Asia, together resulting at near X% of total imports. It was distantly followed by Malaysia (X tons), Vietnam (X tons) and Thailand (X tons), together achieving a X% share of total imports. The following importers - Myanmar (X tons) and Lao People's Democratic Republic (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

In Indonesia, camel-back strips imports declined by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2023, the import price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, 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 2023, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform