Report Update: May 1, 2024

Kuwait - Spindles And Spindle Flyers, Spinning Ring And Ring Travellers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Spindles and Spindle Flyer in Kuwait - 2021

Price for Spindles and Spindle Flyer in Kuwait (FOB) - 2022

In 2022, the average spindles and spindle flyer export price amounted to $19,822 per ton, declining by -32.8% against the previous year. Overall, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 163%. Over the period under review, the average export prices attained the maximum at $54,834 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat 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 Qatar ($34,172 per ton), while the average price for exports to the United Arab Emirates ($5,466 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 (-3.7%), while the prices for the other major destinations experienced a decline.

Price for Spindles and Spindle Flyer in Kuwait (CIF) - 2022

The average spindles and spindle flyer import price stood at $27,336 per ton in 2022, surging by 6.1% against the previous year. In general, the import price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 36%. Over the period under review, average import prices hit record highs at $81,689 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($116,500 per ton), while the price for Austria ($2,579 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.3%), while the prices for the other major suppliers experienced a decline.

Exports of Spindles and Spindle Flyer in Kuwait

In 2022, spindles and spindle flyer exports from Kuwait skyrocketed to 9.3 tons, growing by 28% against the year before. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 132% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, spindles and spindle flyer exports fell to $183K in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 58% against the previous year.

Export of Spindles and Spindle Flyer in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	17.1	54.9	171	152	107.1%
Egypt	0.4	4.9	16.8	9.6	188.4%
Qatar	0.8	2.9	11.2	8.1	116.3%
Jordan	0.6	0.4	7.1	6.4	120.1%
United Arab Emirates	0.3	1.2	6.0	5.6	165.3%
France	69.8	23.5	N/A	N/A	-66.3%
Australia	7.3	64.3	N/A	N/A	780.8%
Others	0.1	0.6	2.6	2.2	180.2%
Total	96.5	153	214	183	23.8%

Top Export Markets for Spindles and Spindle Flyer from Kuwait in 2022:

Saudi Arabia (6.4 tons)
United Arab Emirates (1.0 tons)
Egypt (0.9 tons)
Jordan (0.7 tons)
Qatar (0.2 tons)

Imports of Spindles and Spindle Flyer in Kuwait

In 2022, the amount of spindles and spindle flyers, spinning ring and ring travellers imported into Kuwait skyrocketed to 354 kg, surging by 261% compared with the previous year. In general, imports continue to indicate a significant expansion.

In value terms, spindles and spindle flyer imports skyrocketed to $9.7K in 2022. Over the period under review, imports continue to indicate significant growth.

Import of Spindles and Spindle Flyer in Kuwait (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	1,884	6,327	1,122	3,473	22.6%
India	1,218	4,594	648	1,864	15.2%
United States	357	2,779	422	1,307	54.1%
China	345	966	70.0	438	8.3%
Germany	122	553	105	324	38.5%
United Arab Emirates	206	368	17.0	203	-0.5%
Saudi Arabia	162	333	13.0	167	1.0%
Austria	57.0	223	33.0	98.0	19.8%
Others	369	685	96.0	1,803	69.7%
Total	4,720	16,828	2,526	9,677	27.0%

Top Suppliers of Spindles and Spindle Flyer to Kuwait in 2022:

Italy (102.0 kg)
China (81.0 kg)
Saudi Arabia (40.0 kg)
Austria (38.0 kg)
United Arab Emirates (25.0 kg)
United States (21.0 kg)
India (16.0 kg)
Germany (10.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for spindles and spindle flyer 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 28945130 - Spindles and spindle flyers, spinning ring and ring travellers

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