Kuwait - Table Knives - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Kuwait - Table Knives - Market Analysis, Forecast, Size, Trends And Insights

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Table Knife Price in Kuwait - 2021

Contents:

  1. Table Knife Price in Kuwait (CIF) - 2022
  2. Table Knife Price in Kuwait (FOB) - 2022
  3. Table Knife Imports in Kuwait
  4. Table Knife Exports in Kuwait

Table Knife Price in Kuwait (CIF) - 2022

In 2022, the average table knife import price amounted to $3.6 per unit, picking up by 4.2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 23%. Over the period under review, average import prices attained the peak figure at $3.7 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($10 per unit), while the price for India ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Table Knife Price in Kuwait (FOB) - 2022

The average table knife export price stood at $2.5 per unit in 2022, with an increase of 44% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 50%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($6.5 per unit), while the average price for exports to Oman ($0.6 per unit) 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 (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Table Knife Imports in Kuwait

Table knife imports into Kuwait totaled 152K units in 2022, standing approx. at the previous year's figure. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.0% 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 -13.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. As a result, imports reached the peak of 177K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, table knife imports expanded to $552K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. As a result, imports reached the peak of $575K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Table Knife in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam18.954.751.697.272.6%
United Arab Emirates33.460.272.297.042.7%
Italy21.052.165.581.857.3%
Germany5.69.915.380.1142.7%
China14814214359.2-26.3%
Pakistan9.923.316.422.030.5%
Brazil2.83.719.412.765.5%
India0.30.41.93.4124.6%
Others76.523014298.28.7%
Total31757552855220.3%

Top Suppliers of Table Knife to Kuwait in 2022:

  1. United Arab Emirates (47.9K units)
  2. China (35.6K units)
  3. Vietnam (15.8K units)
  4. Germany (14.2K units)
  5. Italy (8.0K units)
  6. Pakistan (6.5K units)
  7. Brazil (4.7K units)
  8. India (2.8K units)

Table Knife Exports in Kuwait

In 2022, shipments abroad of table knives decreased by -18.4% to 4.3K units, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 496%. As a result, the exports attained the peak of 6.1K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, table knife exports soared to $11K in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 488%. As a result, the exports reached the peak of $12K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Table Knife in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar1.38.23.96.167.4%
Bahrain0.13.04.23.3220.8%
United Arab Emirates0.30.50.20.626.0%
Saudi Arabia0.20.60.70.535.7%
OmanN/AN/AN/A0.10%
Iran0.2N/AN/AN/A0%
OthersN/AN/A0.1N/A0%
Total2.112.29.010.671.5%

Top Export Markets for Table Knife from Kuwait in 2022:

  1. Bahrain (2107.0 units)
  2. Qatar (1615.0 units)
  3. United Arab Emirates (419.0 units)
  4. Oman (101.0 units)
  5. Saudi Arabia (76.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the table knife 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:

  • Prodcom 25711120 - Table knives having fixed blades of base metal, including handles (excluding butter knives and fish knives)
  • Prodcom 25711115 -
  • Prodcom 25711130 -

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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