Camel-Back Strips Market Overview in Brazil
In value terms, camel-back strips production amounted to $ in estimated in export prices. In general, the total production indicated a pronounced expansion from 2007 to : its value increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2017 indices. The most prominent rate of growth was recorded in 2011 when the production volume increased by % y-o-y. Over the period under review, production reached the peak level at $ in 2014; however, from 2015 to , production remained at a lower figure.
The size of the camel-back strips market in Brazil dropped to $ in , declining 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, however, showed significant growth. The pace of growth appeared the most rapid in 2009 with an increase of % y-o-y. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to , consumption failed to regain the momentum.