Report Update: Apr 1, 2024

Kuwait - Oriented Strand Board (OSB) - Market Analysis, Forecast, Size, Trends And Insights

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Oriented Strandboard (OSB) Price in Kuwait - 2021

Oriented Strandboard (OSB) Price in Kuwait (CIF) - 2021

The average oriented strandboard (OSB) import price stood at $536 per cubic meter in December 2021, with an increase of 11% against the previous month. Overall, the import price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in February 2021 when the average import price increased by 38% against the previous month. As a result, import price attained the peak level of $1,212 per cubic meter. From March 2021 to December 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($894 per cubic meter), while the price for Saudi Arabia ($504 per cubic meter) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Italy (-0.7%), while the prices for the other major suppliers experienced a decline.

Oriented Strandboard (OSB) Price in Kuwait (FOB) - 2022

In 2022, the average oriented strandboard (OSB) export price amounted to $2,611 per cubic meter, picking up by 43% against the previous year. Overall, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 394% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +244.3% per year.

Oriented Strandboard (OSB) Imports in Kuwait

Oriented strandboard (OSB) imports into Kuwait skyrocketed to 387 cubic meters in 2022, with an increase of 32% compared with the year before. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 70% against the previous year. As a result, imports reached the peak of 650 cubic meters. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, oriented strandboard (OSB) imports soared to $109K in 2022. Overall, imports, however, showed a noticeable downturn. Imports peaked at $134K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Oriented Strandboard (OSB) in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	22.8	129	75.0	95.0	60.9%
Italy	11.2	1.6	2.4	8.2	-9.9%
China	20.9	1.1	2.0	0.5	-71.2%
Others	70.7	2.5	3.4	4.8	-59.2%
Total	126	134	82.8	109	-4.7%

Top Suppliers of Oriented Strandboard (OSB) to Kuwait in 2022:

Saudi Arabia (334.0 cubic meters)
Italy (28.0 cubic meters)
China (5.0 cubic meters)

Oriented Strandboard (OSB) Exports in Kuwait

In 2022, the amount of oriented strandboard (OSB) exported from Kuwait shrank markedly to 4 cubic meters, falling by -20% against the year before. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 25% against the previous year. Over the period under review, the exports attained the peak figure at 5 cubic meters in 2021, and then reduced markedly in the following year.

In value terms, oriented strandboard (OSB) exports expanded sharply to $10K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 510% against the previous year. As a result, the exports reached the peak of $12K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Oriented Strandboard (OSB) in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	0.2	11.8	8.3	10.4	273.3%
Qatar	1.7	N/A	0.7	N/A	-35.8%
United Arab Emirates	N/A	N/A	0.2	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	1.9	11.8	9.1	10.4	76.2%

Top Export Markets for Oriented Strandboard (OSB) from Kuwait in 2022:

Saudi Arabia (4.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oriented strandboard (osb) 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:

FCL 1606 - OSB

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
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