Kuwait - Polishes For Coachwork - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Kuwait - Polishes For Coachwork - Market Analysis, Forecast, Size, Trends And Insights

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Polishes for Coachwork Price in Kuwait - 2021

Contents:

  1. Polishes for Coachwork Price in Kuwait (CIF) - 2022
  2. Polishes for Coachwork Price in Kuwait (FOB) - 2022
  3. Polishes for Coachwork Imports in Kuwait
  4. Polishes for Coachwork Exports in Kuwait

Polishes for Coachwork Price in Kuwait (CIF) - 2022

In 2022, the average polishes for coachwork import price amounted to $5,713 per ton, picking up by 1.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 20%. As a result, import price reached the peak level of $6,726 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($15,993 per ton), while the price for Jordan ($1,165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Polishes for Coachwork Price in Kuwait (FOB) - 2022

The average polishes for coachwork export price stood at $5,805 per ton in 2022, dropping by -24.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 42% against the previous year. The export price peaked at $7,673 per ton in 2021, and then declined markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($76,086 per ton), while the average price for exports to the United Arab Emirates ($2,612 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 Qatar (+48.2%), while the prices for the other major destinations experienced a decline.

Polishes for Coachwork Imports in Kuwait

In 2022, the amount of polishes for coachwork imported into Kuwait reduced dramatically to 140 tons, dropping by -22.3% against 2021. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports attained the peak of 180 tons, and then dropped remarkably in the following year.

In value terms, polishes for coachwork imports reduced markedly to $799K in 2022. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, imports attained the peak of $1M, and then fell significantly in the following year.

Import of Polishes for Coachwork in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.145.412995.826.7%
Germany68.548.114489.09.1%
Portugal39.870.373.569.220.2%
United Arab Emirates13637.054.168.1-20.6%
United Kingdom44.568.717754.67.1%
Italy7.413.130.740.576.2%
France5.415.49.431.880.6%
Oman27.341.438.330.23.4%
Egypt13.022.924.022.620.2%
Poland19.36.57.813.5-11.2%
Jordan4.312.015.312.141.2%
China46.67.145.211.4-37.5%
Saudi Arabia2.27.710.78.456.3%
Others287190252252-4.2%
Total7485861,0127992.2%

Top Suppliers of Polishes for Coachwork to Kuwait in 2022:

  1. Portugal (13.7 tons)
  2. United States (13.3 tons)
  3. Jordan (10.4 tons)
  4. Italy (10.0 tons)
  5. France (7.6 tons)
  6. Germany (7.3 tons)
  7. Poland (7.1 tons)
  8. Oman (6.9 tons)
  9. United Kingdom (6.9 tons)
  10. Saudi Arabia (5.4 tons)
  11. Egypt (5.4 tons)
  12. United Arab Emirates (4.3 tons)
  13. China (2.9 tons)

Polishes for Coachwork Exports in Kuwait

In 2022, approx. 4.6 tons of polishes for coachwork were exported from Kuwait; with an increase of 79% against the year before. Overall, exports recorded perceptible growth.

In value terms, polishes for coachwork exports skyrocketed to $27K in 2022. Over the period under review, exports recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 115%. As a result, the exports attained the peak of $33K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Polishes for Coachwork in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar1.911.612.613.391.3%
United Arab Emirates1.27.12.48.289.8%
Saudi Arabia3.911.43.94.11.7%
Iran1.03.30.70.6-15.7%
Oman6.5N/AN/AN/A0%
Iraq1.2N/AN/AN/A0%
OthersN/AN/AN/A0.30%
Total15.633.519.626.519.3%

Top Export Markets for Polishes for Coachwork from Kuwait in 2022:

  1. United Arab Emirates (3132.0 kg)
  2. Saudi Arabia (1154.0 kg)
  3. Qatar (175.0 kg)
  4. Iran (83.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polishes for coachwork 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 20414370 - Polishes and similar preparations, for coachwork (excluding artificial and prepared waxes, metal polishes)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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