Kuwait - Braces, Suspenders And Garters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBraces and Garters Price in Kuwait - 2021
Contents:
- Braces and Garters Price in Kuwait (CIF) - 2022
- Braces and Garters Price in Kuwait (FOB) - 2022
- Braces and Garters Imports in Kuwait
- Braces and Garters Exports in Kuwait
Braces and Garters Price in Kuwait (CIF) - 2022
The average braces and garters import price stood at $3.6 per unit in 2022, declining by -22.9% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braces and garters import price increased by +4.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 82% against the previous year. Over the period under review, average import prices attained the peak figure at $4.7 per unit in 2021, and then fell notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($17 per unit), while the price for Syrian Arab Republic ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+31.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Braces and Garters Price in Kuwait (FOB) - 2022
The average braces and garters export price stood at $3.2 per unit in 2022, rising by 69% against the previous year. Overall, the export price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 73%. As a result, the export price reached the peak level of $6.8 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($86 per unit), while the average price for exports to the United Arab Emirates stood at $1.2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+56.2%).
Braces and Garters Imports in Kuwait
In 2022, braces and garters imports into Kuwait declined to 180K units, dropping by -12.5% on the previous year's figure. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 112% against the previous year. Imports peaked at 325K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, braces and garters imports reduced markedly to $649K in 2022. Overall, imports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 when imports increased by 186%. Imports peaked at $1.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Braces and Garters in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 194 | 10.1 | 155 | 108 | -17.7% |
| Saudi Arabia | 122 | 42.4 | 133 | 101 | -6.1% |
| India | 102 | 10.7 | 19.0 | 97.1 | -1.6% |
| United States | 133 | 65.4 | 112 | 38.8 | -33.7% |
| Colombia | 35.2 | 33.7 | 57.9 | 36.8 | 1.5% |
| Turkey | 49.4 | 25.3 | 43.8 | 34.2 | -11.5% |
| United Arab Emirates | 43.4 | 10.8 | 27.2 | 16.5 | -27.6% |
| China | 312 | 31.9 | 124 | 15.1 | -63.6% |
| Taiwan (Chinese) | 25.9 | 4.8 | 5.6 | 7.9 | -32.7% |
| Italy | 68.5 | 2.4 | 44.0 | 6.8 | -53.7% |
| Syrian Arab Republic | 17.1 | 2.9 | 2.2 | 4.7 | -35.0% |
| Others | 297 | 96.1 | 237 | 181 | -15.2% |
| Total | 1,400 | 336 | 961 | 649 | -22.6% |
Top Suppliers of Braces and Garters to Kuwait in 2022:
- India (70.0K units)
- Saudi Arabia (36.0K units)
- United Arab Emirates (11.8K units)
- Turkey (8.6K units)
- Czech Republic (7.6K units)
- United States (6.5K units)
- Colombia (5.4K units)
- China (4.0K units)
- Syrian Arab Republic (3.6K units)
- Taiwan (Chinese) (2.6K units)
- Italy (1.5K units)
Braces and Garters Exports in Kuwait
In 2022, shipments abroad of braces, suspenders and garters decreased by -57.9% to 363 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 303% against the previous year. As a result, the exports attained the peak of 862 units, and then fell dramatically in the following year.
In value terms, braces and garters exports fell significantly to $1.2K in 2022. In general, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 136% against the previous year. As a result, the exports attained the peak of $1.6K, and then declined remarkably in the following year.
| Export of Braces and Garters in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 698 | 0% |
| United Arab Emirates | 78.0 | 313 | 1,205 | 437 | 77.6% |
| Spain | 625 | N/A | N/A | N/A | 0% |
| Iran | N/A | 52.0 | N/A | N/A | 0% |
| Austria | N/A | N/A | 211 | N/A | 0% |
| Turkey | N/A | N/A | 44.0 | N/A | 0% |
| Others | 85.0 | 330 | 177 | 31.0 | -28.6% |
| Total | 788 | 695 | 1,637 | 1,166 | 14.0% |
Top Export Markets for Braces and Garters from Kuwait in 2022:
- United Arab Emirates (350.0 units)
- Italy (8.0 units)
This report provides an in-depth analysis of the braces and garters market in Kuwait. 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 14142570 - Braces, suspenders, garters and similar articles and parts thereof
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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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