Camel-Back Strips Market Overview in the Philippines
In value terms, camel-back strips production amounted to $ in estimated in export prices. In general, production faced a significant decline. The most prominent rate of growth was recorded in 2009 with an increase of % y-o-y. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
The value of the camel-back strips market in the Philippines surged to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the market value increased by % y-o-y. Camel-back strips consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.