Kuwait - Wood Residues, Pellets And Other Agglomerates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Wood Residues, Pellets and Other Agglomerates in Kuwait - 2022
Contents:
- Price for Wood Residues, Pellets and Other Agglomerates in Kuwait (CIF) - 2022
- Price for Wood Residues, Pellets and Other Agglomerates in Kuwait (FOB) - 2022
- Imports of Wood Residues, Pellets and Other Agglomerates in Kuwait
- Exports of Wood Residues, Pellets and Other Agglomerates in Kuwait
Price for Wood Residues, Pellets and Other Agglomerates in Kuwait (CIF) - 2022
The average import price for wood residues, pellets and other agglomerates stood at $363 per cubic meter in 2022, increasing by 14% against the previous year. Overall, the import price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2018 an increase of 79%. Over the period under review, average import prices reached the peak figure at $705 per cubic meter in 2015; however, from 2016 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 Italy ($0.6 per cubic meter), while the price for Sri Lanka ($0.2 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood Residues, Pellets and Other Agglomerates in Kuwait (FOB) - 2022
In 2022, the average export price for wood residues, pellets and other agglomerates amounted to $363 per cubic meter, jumping by 88% against the previous year. In general, the export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 962% against the previous year. The export price peaked at $1,215 per cubic meter in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($0.3 per cubic meter), while the average price for exports to India amounted to less than $0.1 per cubic meter.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wood Residues, Pellets and Other Agglomerates in Kuwait
In 2022, overseas purchases of wood residues, pellets and other agglomerates decreased by -61.8% to 1.2K cubic meters, falling for the second consecutive year after two years of growth. In general, imports faced a dramatic descent. The pace of growth appeared the most rapid in 2020 when imports increased by 42% against the previous year. As a result, imports attained the peak of 5K cubic meters. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of wood residues, pellets and other agglomerates contracted remarkably to $445K in 2022. Over the period under review, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Wood Residues, Pellets and Other Agglomerates in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 573 | 731 | 144 | 59.1 | -53.1% |
| South Africa | 26.4 | 26.9 | 75.0 | 11.3 | -24.6% |
| Italy | 68.5 | 40.0 | 52.4 | 8.5 | -50.1% |
| Germany | 46.8 | 62.1 | 55.1 | 6.6 | -47.9% |
| Sri Lanka | 4.3 | 3.0 | 1.9 | 5.7 | 9.9% |
| Belgium | 24.3 | 25.1 | 27.1 | 4.8 | -41.8% |
| Netherlands | 75.7 | 85.4 | 69.3 | 3.9 | -62.8% |
| Ukraine | 17.7 | 24.5 | 41.5 | 3.7 | -40.7% |
| Egypt | 2.3 | 11.0 | 20.0 | 3.2 | 11.6% |
| Tunisia | 12.6 | 18.1 | 17.5 | 2.8 | -39.4% |
| Turkey | 15.7 | 29.8 | 4.5 | 2.1 | -48.9% |
| Others | 215 | 171 | 509 | 333 | 15.7% |
| Total | 1,081 | 1,228 | 1,018 | 445 | -25.6% |
Top Suppliers of Wood Residues, Pellets and Other Agglomerates to Kuwait in 2022:
- Vietnam (252.6K cubic meters)
- South Africa (35.4K cubic meters)
- Sri Lanka (31.8K cubic meters)
- Germany (16.1K cubic meters)
- Italy (14.8K cubic meters)
- Egypt (13.0K cubic meters)
- Ukraine (12.7K cubic meters)
- Belgium (11.8K cubic meters)
- Netherlands (10.0K cubic meters)
- Tunisia (8.4K cubic meters)
- Turkey (7.2K cubic meters)
Exports of Wood Residues, Pellets and Other Agglomerates in Kuwait
After three years of growth, overseas shipments of wood residues, pellets and other agglomerates decreased by -98.9% to 9 cubic meters in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 13,900% against the previous year. The exports peaked at 825 cubic meters in 2021, and then dropped dramatically in the following year.
In value terms, exports of wood residues, pellets and other agglomerates reduced notably to $3.3K in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 6,161% against the previous year. As a result, the exports reached the peak of $159K, and then declined markedly in the following year.
| Export of Wood Residues, Pellets and Other Agglomerates in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 28.0 | 47.0 | 149 | 152 | 75.7% |
| India | 8.1 | 0.5 | 0.3 | 8.5 | 1.6% |
| Oman | 1.6 | 16.6 | 9.4 | N/A | 142.4% |
| Others | -37.5 | -61.5 | 0.7 | -156.9 | 61.1% |
| Total | 0.3 | 2.5 | 159 | 3.3 | 122.4% |
Top Export Markets for Wood Residues, Pellets and Other Agglomerates from Kuwait in 2022:
- Saudi Arabia (510.5K cubic meters)
- India (366.3K cubic meters)
This report provides an in-depth analysis of the market for wood residues, pellets and other agglomerates 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 1693 - Wood pellets
- FCL 1694 - Other agglomerates
- FCL 1620 - Wood residues
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
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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
-
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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