Kuwait - Plywood - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPlywood Price in Kuwait - 2021
Contents:
- Plywood Price in Kuwait (CIF) - 2021
- Plywood Price in Kuwait (FOB) - 2022
- Plywood Imports in Kuwait
- Plywood Exports in Kuwait
Plywood Price in Kuwait (CIF) - 2021
The average plywood import price stood at $305 per cubic meter in December 2021, waning by -45.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2021 an increase of 82% month-to-month. As a result, import price reached the peak level of $559 per cubic meter, and then shrank rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($562 per cubic meter), while the price for China ($285 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 China (+2.1%), while the prices for the other major suppliers experienced a decline.
Plywood Price in Kuwait (FOB) - 2022
The average plywood export price stood at $404 per cubic meter in 2022, growing by 31% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 an increase of 42%. As a result, the export price reached the peak level of $497 per cubic meter. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($786 per cubic meter), while the average price for exports to Saudi Arabia ($264 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Plywood Imports in Kuwait
Plywood imports into Kuwait shrank remarkably to 125K cubic meters in 2022, with a decrease of -25.7% on the previous year's figure. Overall, imports, however, enjoyed a pronounced increase. The pace of growth was the most pronounced in 2021 with an increase of 122%. As a result, imports reached the peak of 169K cubic meters, and then dropped rapidly in the following year.
In value terms, plywood imports reduced rapidly to $61M in 2022. In general, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 132% against the previous year. As a result, imports attained the peak of $72M, and then contracted dramatically in the following year.
| Import of Plywood in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.9 | 16.2 | 33.9 | 27.3 | 6.0% |
| Indonesia | 10.7 | 6.7 | 11.5 | 11.4 | 2.1% |
| Saudi Arabia | 2.5 | 2.2 | 5.0 | 4.7 | 23.4% |
| Russia | 2.1 | 0.9 | 0.9 | 1.1 | -19.4% |
| Others | 8.1 | 5.0 | 20.9 | 16.8 | 27.5% |
| Total | 46.3 | 31.1 | 72.2 | 61.3 | 9.8% |
Top Suppliers of Plywood to Kuwait in 2022:
- China (70.1K cubic meters)
- Indonesia (17.0K cubic meters)
- Saudi Arabia (9.3K cubic meters)
- Russia (1.8K cubic meters)
Plywood Exports in Kuwait
Plywood exports from Kuwait dropped slightly to 1.2K cubic meters in 2022, stabilizing at 2021 figures. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 163% against the previous year. As a result, the exports reached the peak of 1.2K cubic meters, leveling off in the following year.
In value terms, plywood exports skyrocketed to $496K in 2022. In general, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 109%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Plywood in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 108 | 51.2 | 151 | 302 | 40.9% |
| Qatar | 155 | 30.7 | 19.5 | 79.9 | -19.8% |
| India | 19.2 | 41.1 | 30.6 | 61.3 | 47.2% |
| Saudi Arabia | 23.9 | 31.4 | 92.1 | 53.4 | 30.7% |
| Iraq | N/A | 0.7 | 58.7 | N/A | 8285.7% |
| Others | 5.6 | 27.6 | 29.6 | N/A | 129.9% |
| Total | 312 | 183 | 381 | 496 | 16.7% |
Top Export Markets for Plywood from Kuwait in 2022:
- Bahrain (775.0 cubic meters)
- Saudi Arabia (202.0 cubic meters)
- Qatar (174.0 cubic meters)
- India (78.0 cubic meters)
This report provides an in-depth analysis of the plywood 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 1640 - Plywood
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
-
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
-
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
-
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
572
This report provides an in-depth analysis of the plywood market in Kuwait.
428
This report provides an in-depth analysis of the paper bag machine market in Kuwait.
6283
This report provides an in-depth analysis of the global plywood market.
636
This report provides an in-depth analysis of the global paper bag machine market.
319
Global Cross Cutting Slitter Market Report 2018. This report provides an in-depth analysis of the global cross cutting slitter market.
572
This report provides an in-depth analysis of the plywood market in Kuwait.
6283
This report provides an in-depth analysis of the global plywood market.
172
Explore the top import markets for plywood in 2023 based on import values. Discover key statistics of countries importing plywood and their significance in the global market.
514
Are you planning to enter the plywood market? Read this guide to learn how to conduct a comprehensive market study for plywood and discover relevant data sources.
352
The global plywood market is expected to reach USD 98.1 billion by 2030. The market is anticipated to witness a CAGR of 4.2% over the forecast period.
791
The global plywood market is worth a staggering $66.4 billion each year, and it's expected to grow at a rate of 2.5% annually through 2030, according to the IndexBox market intelligence platform.
1136
The global plywood industry is currently affected by the US-China trade war and the slowdown of China's economy.
922
In value terms, plywood, veneered panels and similar laminated wood imports totaled $X in 2016. Overall, plywood, veneered panels and similar laminated wood imports continue to indicate a relatively...
3215
In value terms, plywood, veneered panels and similar laminated wood exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the tr...
1213
The global plywood market indicated steady growth over the next six years; It plateaued, reaching X thousand cubic meters in 2015.
1598
Construction sector is the main downstream industry for the plywood market, thus plywood market dynamics of the medium term will be shaped by the factors influencing this industry, such as paces of economic growth, dy
3033
When calculating consumption on the global plywood market in 2015, the leading consuming market was China (X%). This country was also the leading producer of plywood in the world. Per capita plywood consumption in China wa
