Kuwait - Sawnwood (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSawnwood (Non-Coniferous) Price in Kuwait - 2021
Contents:
- Sawnwood (Non-Coniferous) Price in Kuwait (CIF) - 2022
- Sawnwood (Non-Coniferous) Price in Kuwait (FOB) - 2022
- Sawnwood (Non-Coniferous) Imports in Kuwait
- Sawnwood (Non-Coniferous) Exports in Kuwait
Sawnwood (Non-Coniferous) Price in Kuwait (CIF) - 2022
The average sawnwood (non-coniferous) import price stood at $548 per cubic meter in 2022, reducing by -24.4% 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 2020 when the average import price increased by 53% against the previous year. The import price peaked at $726 per cubic meter in 2021, and then declined notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($917 per cubic meter), while the price for Austria ($155 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sawnwood (Non-Coniferous) Price in Kuwait (FOB) - 2022
The average sawnwood (non-coniferous) export price stood at $983 per cubic meter in 2022, with an increase of 425% against the previous year. In general, the export price showed a temperate expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +7.9% per year.
Sawnwood (Non-Coniferous) Imports in Kuwait
In 2022, the amount of sawnwood (non-coniferous) imported into Kuwait plummeted to 25K cubic meters, which is down by -26.1% against the previous year. In general, imports faced a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 116%. Over the period under review, imports reached the peak figure at 88K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, sawnwood (non-coniferous) imports fell rapidly to $13M in 2022. Over the period under review, imports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 196%. Imports peaked at $30M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Sawnwood (Non-Coniferous) in Kuwait (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 2.7 | 0.8 | 1.3 | 2.5 | -2.5% |
Malaysia | 6.4 | 1.6 | 3.6 | 1.9 | -33.3% |
Germany | 4.1 | 1.1 | 1.7 | 1.7 | -25.4% |
India | 1.4 | 0.1 | 0.5 | 1.2 | -5.0% |
United States | 1.7 | 0.5 | 1.0 | 0.6 | -29.3% |
Romania | 0.6 | 0.3 | 0.7 | 0.5 | -5.9% |
Canada | 1.7 | 0.2 | 0.3 | 0.1 | -61.1% |
Austria | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Gabon | 4.4 | 0.9 | 0.9 | N/A | -54.8% |
Latvia | 0.5 | 0.1 | 0.2 | N/A | -36.8% |
Saudi Arabia | 0.3 | 0.4 | 6.6 | N/A | 369.0% |
Others | 6.5 | 2.1 | 7.3 | 4.7 | -10.2% |
Total | 30.2 | 8.1 | 24.1 | 13.4 | -23.7% |
Top Suppliers of Sawnwood (Non-Coniferous) to Kuwait in 2022:
- United Arab Emirates (5.8K cubic meters)
- Germany (3.3K cubic meters)
- Malaysia (2.3K cubic meters)
- Romania (1.7K cubic meters)
- India (1.3K cubic meters)
- United States (0.8K cubic meters)
- Austria (0.8K cubic meters)
- Canada (0.3K cubic meters)
Sawnwood (Non-Coniferous) Exports in Kuwait
After three years of growth, shipments abroad of sawnwood (non-coniferous) decreased by -87.4% to 26 cubic meters in 2022. Over the period under review, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. As a result, the exports reached the peak of 206 cubic meters, and then contracted sharply in the following year.
In value terms, sawnwood (non-coniferous) exports shrank rapidly to $26K in 2022. Overall, exports showed a abrupt curtailment. The smallest decline of -4.8% was in 2020. The exports peaked at $43K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Sawnwood (Non-Coniferous) in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 42.7 | 29.7 | 18.5 | 25.5 | -15.8% |
Benin | N/A | N/A | 4.8 | N/A | 0% |
Iraq | N/A | 6.9 | 13.8 | N/A | 100.0% |
Bahrain | N/A | 4.0 | N/A | N/A | 0% |
Others | N/A | N/A | 1.4 | N/A | 0% |
Total | 42.7 | 40.6 | 38.6 | 25.5 | -15.8% |
Top Export Markets for Sawnwood (Non-Coniferous) from Kuwait in 2022:
- Saudi Arabia (26.0 cubic meters)
This report provides an in-depth analysis of the sawnwood (non-coniferous) 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:
- FCL 1633 - Sawnwood, non-coniferous all
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
This report provides an in-depth analysis of the sawnwood (non-coniferous) market in Kuwait.
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