Kuwait - Plastics Pipes And Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Plastics Pipe and Pipe Fitting in Kuwait - 2021
Contents:
- Price for Plastics Pipe and Pipe Fitting in Kuwait (CIF) - 2021
- Price for Plastics Pipe and Pipe Fitting in Kuwait (FOB) - 2022
- Imports of Plastics Pipe and Pipe Fitting in Kuwait
- Exports of Plastics Pipe and Pipe Fitting in Kuwait
Price for Plastics Pipe and Pipe Fitting in Kuwait (CIF) - 2021
In December 2021, the average import price for plastics pipes and pipe fittings amounted to $4,187 per ton, increasing by 2.5% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2021 when the average import price increased by 20% m-o-m. Over the period under review, average import prices attained the maximum at $4,919 per ton in August 2021; however, from September 2021 to December 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($27,266 per ton), while the price for Saudi Arabia ($2,131 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the United States (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Plastics Pipe and Pipe Fitting in Kuwait (FOB) - 2022
In 2022, the average export price for plastics pipes and pipe fittings amounted to $2,117 per ton, dropping by -2% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 44%. As a result, the export price attained the peak level of $2,510 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,557 per ton), while the average price for exports to India ($603 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 Jordan (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plastics Pipe and Pipe Fitting in Kuwait
In 2022, after two years of decline, there was growth in overseas purchases of plastics pipes and pipe fittings, when their volume increased by 0.5% to 11K tons. In general, imports, however, continue to indicate a deep downturn.
In value terms, plastics pipe and pipe fitting imports fell to $43M in 2022. Over the period under review, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year.
Import of Plastics Pipe and Pipe Fitting in Kuwait (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 8.9 | 9.1 | 10.0 | 8.9 | 0.0% |
Germany | 8.9 | 7.7 | 8.3 | 8.0 | -3.5% |
Saudi Arabia | 3.8 | 2.2 | 5.6 | 4.4 | 5.0% |
United States | 13.3 | 3.3 | 3.8 | 3.1 | -38.5% |
Oman | 8.1 | 2.0 | 2.3 | 2.6 | -31.5% |
United Arab Emirates | 2.4 | 2.7 | 2.6 | 2.3 | -1.4% |
Italy | 2.4 | 1.8 | 1.9 | 1.6 | -12.6% |
Bahrain | 0.4 | 0.5 | 1.5 | 1.4 | 51.8% |
China | 1.0 | 0.9 | 1.3 | 1.2 | 6.3% |
Turkey | 0.8 | 0.6 | 1.1 | 1.0 | 7.7% |
India | 0.5 | 0.5 | 0.6 | 0.4 | -7.2% |
Others | 12.7 | 9.3 | 7.0 | 8.5 | -12.5% |
Total | 63.2 | 40.8 | 45.7 | 43.3 | -11.8% |
Top Suppliers of Plastics Pipe and Pipe Fitting to Kuwait in 2022:
- Saudi Arabia (1686.4 tons)
- United Kingdom (1566.1 tons)
- Germany (1544.2 tons)
- Oman (917.9 tons)
- United Arab Emirates (630.0 tons)
- Bahrain (626.0 tons)
- United States (417.5 tons)
- China (309.4 tons)
- Italy (291.7 tons)
- Turkey (274.6 tons)
- India (163.5 tons)
Exports of Plastics Pipe and Pipe Fitting in Kuwait
Plastics pipe and pipe fitting exports from Kuwait amounted to 1.8K tons in 2022, picking up by 8.7% compared with 2021. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, the exports attained the peak of 1.9K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, plastics pipe and pipe fitting exports rose rapidly to $3.8M in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. As a result, the exports attained the peak of $4M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Plastics Pipe and Pipe Fitting in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 903 | 1,286 | 1,111 | 1,132 | 7.8% |
Jordan | 1,564 | 1,464 | 925 | 1,104 | -11.0% |
Egypt | 146 | 379 | 589 | 664 | 65.7% |
Saudi Arabia | 159 | 217 | 180 | 441 | 40.5% |
Qatar | 15.4 | 50.6 | 79.4 | 103 | 88.4% |
Lebanon | 55.5 | 57.0 | 41.5 | 42.2 | -8.7% |
Bahrain | 61.8 | 83.0 | 163 | 29.3 | -22.0% |
India | 10.8 | 34.5 | 50.4 | 18.5 | 19.7% |
Pakistan | 194 | 11.8 | 16.0 | 15.8 | -56.7% |
Others | 233 | 443 | 405 | 244 | 1.5% |
Total | 3,343 | 4,027 | 3,561 | 3,794 | 4.3% |
Top Export Markets for Plastics Pipe and Pipe Fitting from Kuwait in 2022:
- Iraq (526.8 tons)
- Jordan (382.6 tons)
- Egypt (377.8 tons)
- Saudi Arabia (287.8 tons)
- Lebanon (55.7 tons)
- Qatar (39.4 tons)
- India (30.6 tons)
- Bahrain (16.7 tons)
- Pakistan (4.4 tons)
This report provides an in-depth analysis of the market for plastics pipe and pipe fitting 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 22212153 - Rigid tubes, pipes and hoses of polymers of ethylene
- Prodcom 22212155 - Rigid tubes, pipes and hoses of polymers of propylene
- Prodcom 22212157 - Rigid tubes, pipes and hoses of polymers of vinyl chloride
- Prodcom 22212170 - Rigid tubes, pipes and hoses of plastics (excluding of polymers of ethylene, of polymers of propylene, of polymers of vinyl chloride)
- Prodcom 22212970 - Fittings, e.g. joints, elbows, flanges, of plastics, for tubes, p ipes and hoses
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.
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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
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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
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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
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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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