Kuwait - Moulded Rubber Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Rubber-To-Metal and Moulded Article in Kuwait - 2021
Contents:
- Price for Rubber-To-Metal and Moulded Article in Kuwait (CIF) - 2022
- Price for Rubber-To-Metal and Moulded Article in Kuwait (FOB) - 2022
- Imports of Rubber-To-Metal and Moulded Article in Kuwait
- Exports of Rubber-To-Metal and Moulded Article in Kuwait
Price for Rubber-To-Metal and Moulded Article in Kuwait (CIF) - 2022
The average rubber-to-metal and moulded article import price stood at $5,522 per ton in 2022, with a decrease of -8.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 35% against the previous year. The import price peaked at $7,742 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13,949 per ton), while the price for Turkey ($2,217 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber-To-Metal and Moulded Article in Kuwait (FOB) - 2022
The average rubber-to-metal and moulded article export price stood at $7,692 per ton in 2022, falling by -6.9% against the previous year. Overall, the export price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,259 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($56,861 per ton), while the average price for exports to Pakistan ($518 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 Saudi Arabia (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber-To-Metal and Moulded Article in Kuwait
In 2022, rubber-to-metal and moulded article imports into Kuwait was estimated at 2.9K tons, picking up by 8.2% compared with the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 67% against the previous year. As a result, imports reached the peak of 3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, rubber-to-metal and moulded article imports declined to $16M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 30%.
| Import of Rubber-To-Metal and Moulded Article in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,652 | 2,843 | 3,230 | 3,962 | 33.9% |
| Germany | 922 | 1,531 | 1,883 | 1,770 | 24.3% |
| Japan | 2,111 | 2,445 | 2,104 | 1,563 | -9.5% |
| China | 1,268 | 2,001 | 2,026 | 1,219 | -1.3% |
| Turkey | 1,340 | 1,055 | 812 | 849 | -14.1% |
| India | 505 | 761 | 647 | 726 | 12.9% |
| United Arab Emirates | 373 | 253 | 514 | 577 | 15.7% |
| Malaysia | 117 | 72.8 | 455 | 510 | 63.4% |
| South Korea | 578 | 407 | 162 | 462 | -7.2% |
| Thailand | 172 | 282 | 383 | 430 | 35.7% |
| Taiwan (Chinese) | 220 | 377 | 344 | 386 | 20.6% |
| Saudi Arabia | 120 | 444 | 136 | 245 | 26.9% |
| Others | 2,616 | 3,124 | 3,289 | 3,093 | 5.7% |
| Total | 11,994 | 15,596 | 15,987 | 15,792 | 9.6% |
Top Suppliers of Rubber-To-Metal and Moulded Article to Kuwait in 2022:
- United States (652.2 tons)
- Japan (469.3 tons)
- China (399.5 tons)
- Turkey (382.7 tons)
- India (156.6 tons)
- Germany (126.9 tons)
- United Arab Emirates (107.9 tons)
- Taiwan (Chinese) (95.9 tons)
- Thailand (73.5 tons)
- Saudi Arabia (69.8 tons)
- South Korea (51.3 tons)
- Malaysia (47.0 tons)
Exports of Rubber-To-Metal and Moulded Article in Kuwait
In 2022, approx. 4.1 tons of rubber-to-metal and moulded articles were exported from Kuwait; which is down by -29.1% compared with 2021. Over the period under review, exports recorded a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 166%.
In value terms, rubber-to-metal and moulded article exports fell significantly to $32K in 2022. In general, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 211%.
| Export of Rubber-To-Metal and Moulded Article in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.8 | 8.0 | 22.6 | 15.3 | 104.1% |
| Egypt | 22.0 | 2.3 | 6.5 | 4.4 | -41.5% |
| United Kingdom | 19.8 | 2.1 | 5.8 | 3.9 | -41.8% |
| Pakistan | 5.8 | 0.6 | 1.7 | 1.1 | -42.5% |
| Hong Kong SAR | 1.4 | 0.3 | 1.3 | 0.7 | -20.6% |
| Iran | 2.7 | 0.3 | 0.7 | 0.4 | -47.1% |
| Iraq | 3.2 | 0.1 | 0.5 | 0.3 | -54.6% |
| Others | 22.1 | 1.8 | 9.2 | 5.8 | -36.0% |
| Total | 78.7 | 15.5 | 48.2 | 31.8 | -26.1% |
Top Export Markets for Rubber-To-Metal and Moulded Article from Kuwait in 2022:
- Pakistan (2205.0 kg)
- Egypt (765.0 kg)
- United Kingdom (551.0 kg)
- United Arab Emirates (268.0 kg)
- Hong Kong SAR (88.0 kg)
- Iraq (61.0 kg)
- Iran (52.0 kg)
This report provides an in-depth analysis of the market for rubber-to-metal and moulded article 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 22197345 - Rubber-to-metal bonded articles for tractors and motor vehicles
- Prodcom 2297347 -
- Prodcom 22197349 - Rubber-to-metal bonded articles for other uses than for tractors and motor vehicles
- Prodcom 22197365 - Articles of vulcanised solid rubber other than for tractors and motor vehicles
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
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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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