Report Update: May 1, 2024

Kuwait - Non-Cellular Polystyrene Films, Sheets, Foil and Strip - Market Analysis, Forecast, Size, Trends and Insights

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Non-Cellular Polystyrene Film Price in Kuwait - 2022

Non-Cellular Polystyrene Film Price in Kuwait (CIF) - 2022

The average non-cellular polystyrene film import price stood at $2,783 per ton in 2022, surging by 3.1% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-cellular polystyrene film import price decreased by -35.5% against 2017 indices. The pace of growth was the most pronounced in 2016 an increase of 47%. Over the period under review, average import prices attained the maximum at $4,312 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($5,373 per ton), while the price for Taiwan (Chinese) ($1,779 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Non-Cellular Polystyrene Film Price in Kuwait (FOB) - 2022

The average non-cellular polystyrene film export price stood at $6,540 per ton in 2022, picking up by 7.8% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2018 an increase of 55%. As a result, the export price reached the peak level of $8,663 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($13,082 per ton), while the average price for exports to India ($3,895 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polystyrene Film Imports in Kuwait

In 2022, purchases abroad of non-cellular polystyrene films, sheets, foil and strip decreased by -35.6% to 684 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 293%. As a result, imports reached the peak of 1.1K tons, and then reduced dramatically in the following year.

In value terms, non-cellular polystyrene film imports dropped remarkably to $1.9M in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 205%. As a result, imports reached the peak of $2.9M, and then contracted dramatically in the following year.

Import of Non-Cellular Polystyrene Film in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	10.6	36.2	911	596	283.1%
Taiwan (Chinese)	71.8	77.3	223	174	34.3%
Oman	17.4	85.5	219	152	106.0%
China	104	49.5	139	125	6.3%
Germany	23.9	189	310	113	67.8%
Denmark	56.1	51.6	128	85.4	15.0%
Turkey	53.5	41.3	132	60.7	4.3%
South Korea	14.5	17.1	70.4	46.1	47.0%
Others	98.4	391	734	550	77.5%
Total	450	938	2,866	1,902	61.7%

Top Suppliers of Non-Cellular Polystyrene Film to Kuwait in 2022:

Saudi Arabia (235.2 tons)
Taiwan (Chinese) (98.0 tons)
China (69.6 tons)
Oman (66.7 tons)
Germany (38.4 tons)
Denmark (28.5 tons)
South Korea (20.9 tons)
Turkey (11.3 tons)

Non-Cellular Polystyrene Film Exports in Kuwait

In 2022, overseas shipments of non-cellular polystyrene films, sheets, foil and strip decreased by -9.6% to 17 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27%.

In value terms, non-cellular polystyrene film exports fell modestly to $111K in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 5.4% against the previous year.

Export of Non-Cellular Polystyrene Film in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	35.1	36.5	38.1	36.8	1.6%
Oman	14.3	17.9	22.4	25.9	21.9%
Bahrain	22.4	22.9	23.5	22.2	-0.3%
Australia	17.6	15.0	12.8	10.1	-16.9%
Jordan	4.6	5.2	6.5	6.1	9.9%
Saudi Arabia	2.1	5.0	5.2	5.1	34.4%
India	5.4	5.2	4.9	4.3	-7.3%
Others	0.9	0.2	0.3	0.4	-23.7%
Total	102	108	114	111	2.9%

Top Export Markets for Non-Cellular Polystyrene Film from Kuwait in 2022:

Bahrain (5.0 tons)
Oman (4.8 tons)
United Arab Emirates (2.8 tons)
Australia (1.4 tons)
India (1.1 tons)
Jordan (1.1 tons)
Saudi Arabia (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-cellular polystyrene film 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 22213030 - Other plates..., of polymers of styrene, not reinforced, etc.

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
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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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023