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Panama - Camel-Back Strips for Retreading Rubber Tires - Market Analysis, Forecast, Size, Trends and Insights
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Camel-Back Strips Market Size in Panama
After three years of decline, the Panamanian camel-back strips market decreased by X% to less than $X in 2023. In general, consumption, however, continues to indicate a dramatic slump. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.
Camel-Back Strips Production in Panama
In value terms, camel-back strips production surged to $X in 2023 estimated in export price. Over the period under review, production, however, faced a precipitous contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Camel-back strips production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.
Camel-Back Strips Exports
Exports from Panama
In 2019, overseas shipments of camel-back strips for retreading rubber tires decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2019, the exports remained at a lower figure.
In value terms, camel-back strips exports declined rapidly to $X in 2019. Overall, exports showed a pronounced contraction. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2019, the exports remained at a lower figure.
Exports by Country
Cuba (X tons) was the main destination for camel-back strips exports from Panama, accounting for a X% share of total exports. Moreover, camel-back strips exports to Cuba exceeded the volume sent to the second major destination, the Dominican Republic (X kg), threefold.
From 2012 to 2019, the average annual rate of growth in terms of volume to Cuba was relatively modest.
In value terms, Cuba ($X) emerged as the key foreign market for camel-back strips for retreading rubber tires exports from Panama, comprising X% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a X% share of total exports.
From 2012 to 2019, the average annual rate of growth in terms of value to Cuba was relatively modest.
Export Prices by Country
The average camel-back strips export price stood at $X per ton in 2019, falling by X% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2019: its price increased at an average annual rate of X% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, camel-back strips export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2019, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2019, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Cuba totaled $X per ton.
From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (X%), while the prices for the other major destinations experienced mixed trend patterns.
Camel-Back Strips Imports
Imports into Panama
In 2023, supplies from abroad of camel-back strips for retreading rubber tires decreased by X% to X kg, falling for the sixth consecutive year after two years of growth. Overall, imports recorded a significant decrease. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2023, imports remained at a lower figure.
In value terms, camel-back strips imports stood at $X in 2023. Over the period under review, imports showed a precipitous descent. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
Imports by Country
Israel (X kg) and Brazil (X kg) were the main suppliers of camel-back strips imports to Panama.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of X%).
In value terms, the largest camel-back strips suppliers to Panama were Israel ($X) and Brazil ($X).
Israel, with a CAGR of X%, saw 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 2023, the average camel-back strips import price amounted to $X per ton, flattening at the previous year. Overall, the import price showed a strong increase. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2023 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Israel ($X per ton), while the price for Brazil stood at $X per ton.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the camel-back strips market in Panama. 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:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- 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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