Kuwait - Waferboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWaferboard Price in Kuwait - 2021
Contents:
- Waferboard Price in Kuwait (CIF) - 2021
- Waferboard Price in Kuwait (FOB) - 2022
- Waferboard Imports in Kuwait
- Waferboard Exports in Kuwait
Waferboard Price in Kuwait (CIF) - 2021
The average waferboard import price stood at $314 per cubic meter in December 2021, increasing by 54% against the previous month. In general, the import price, however, showed a deep downturn. The import price peaked at $1,261 per cubic meter in April 2021; however, from May 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($707 per cubic meter), while the price for Romania ($114 per cubic meter) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Waferboard Price in Kuwait (FOB) - 2022
The average waferboard export price stood at $414 per cubic meter in 2022, increasing by 34% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 159%. The export price peaked at $450 per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 ($700 per cubic meter), while the average price for exports to Saudi Arabia ($254 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+536.4%), while the prices for the other major destinations experienced more modest paces of growth.
Waferboard Imports in Kuwait
After three years of growth, supplies from abroad of waferboards decreased by -9.7% to 30K cubic meters in 2022. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. Imports peaked at 33K cubic meters in 2021, and then reduced in the following year.
In value terms, waferboard imports reduced to $11M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 34%. As a result, imports reached the peak of $13M, and then dropped in the following year.
| Import of Waferboard in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1,519 | 1,993 | 1,562 | 1,467 | -1.2% |
| Austria | 432 | 526 | 912 | 977 | 31.3% |
| Italy | 675 | 423 | 542 | 504 | -9.3% |
| Turkey | 46.6 | 64.7 | 559 | 456 | 113.9% |
| Germany | 565 | 331 | 725 | 393 | -11.4% |
| Spain | 895 | 563 | 1,063 | 264 | -33.4% |
| Greece | 298 | 211 | 131 | 195 | -13.2% |
| Malaysia | 110 | 127 | 147 | 169 | 15.4% |
| Others | 5,194 | 5,379 | 7,234 | 6,823 | 9.5% |
| Total | 9,735 | 9,619 | 12,874 | 11,247 | 4.9% |
Top Suppliers of Waferboard to Kuwait in 2022:
- Romania (4.4K cubic meters)
- Turkey (1.8K cubic meters)
- Austria (1.6K cubic meters)
- Germany (1.2K cubic meters)
- Italy (1.0K cubic meters)
- Spain (0.7K cubic meters)
- Malaysia (0.5K cubic meters)
- Greece (0.3K cubic meters)
Waferboard Exports in Kuwait
In 2022, the amount of waferboards exported from Kuwait contracted significantly to 4 cubic meters, with a decrease of -33.3% compared with the previous year. In general, exports, however, showed a strong increase. The growth pace was the most rapid in 2020 with an increase of 100% against the previous year. Over the period under review, the exports hit record highs at 6 cubic meters in 2021, and then dropped rapidly in the following year.
In value terms, waferboard exports declined to $1.7K in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 28%. As a result, the exports attained the peak of $1.9K, and then contracted in the following year.
| Export of Waferboard in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 434 | 380 | 903 | 700 | 17.3% |
| Saudi Arabia | 290 | 678 | 217 | 507 | 20.5% |
| Bahrain | 562 | 388 | 730 | 447 | -7.3% |
| China | N/A | 7.0 | 3.0 | N/A | -57.1% |
| Romania | N/A | N/A | 1.0 | N/A | 0% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 1,286 | 1,453 | 1,855 | 1,654 | 8.8% |
Top Export Markets for Waferboard from Kuwait in 2022:
- Saudi Arabia (2.0 cubic meters)
- Bahrain (1.0 cubic meters)
- United Arab Emirates (1.0 cubic meters)
This report provides an in-depth analysis of the waferboard 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 16211313 - Particle board, of wood
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
-
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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