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Store → Non sorted Root → Non sorted → Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate)
Report Kuwait - Alkyd Resins in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Oct 1, 2023

Kuwait - Alkyd Resins in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Market for Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate) 2023

Market Size for Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate) in Kuwait

The Kuwaiti market for acrylic polymers, in primary forms (excluding polymethyl methacrylate) expanded remarkably to $X in 2021, surging by 9.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.3% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Exports of Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate)

Exports from Kuwait

In 2021, shipments abroad of acrylic polymers, in primary forms (excluding polymethyl methacrylate) decreased by -20.3% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2016 when exports increased by 97% against the previous year. The exports peaked at X tons in 2020, and then fell notably in the following year.

In value terms, exports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) fell markedly to $X in 2021. In general, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 73%. As a result, the exports reached the peak of $X, and then shrank significantly in the following year.

Exports by Country

Saudi Arabia (X tons), Qatar (X tons) and Jordan (X tons) were the main destinations of exports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) from Kuwait, together comprising 86% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +30.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for acrylic polymers, in primary forms (excluding polymethyl methacrylate) exported from Kuwait were Saudi Arabia ($X), Qatar ($X) and Jordan ($X), together accounting for 80% of total exports. These countries were followed by Egypt, Oman, the United Arab Emirates and France, which together accounted for a further 17%.

Among the main countries of destination, Oman, with a CAGR of +35.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) stood at $X per ton in 2021, standing approx. at the previous year. Overall, the export price showed a noticeable decrease. The growth pace was the most rapid in 2018 when the average export price increased by 21%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+5.5%), while the prices for the other major destinations experienced a decline.

Imports of Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate)

Imports into Kuwait

Imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) into Kuwait rose to X tons in 2021, increasing by 4.6% compared with the previous year's figure. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of 32%. Over the period under review, imports of attained the maximum at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) expanded notably to $X in 2021. Over the period under review, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.5% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 26%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), the United Arab Emirates (X tons) and India (X tons) were the main suppliers of imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) to Kuwait, together comprising 57% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +16.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acrylic polymers, in primary forms (excluding polymethyl methacrylate) suppliers to Kuwait were the United Arab Emirates ($X), Germany ($X) and India ($X), with a combined 63% share of total imports.

In terms of the main suppliers, India, with a CAGR of +18.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) amounted to $X per ton, increasing by 1.5% against the previous year. Overall, the import price, however, continues to indicate a mild slump. The pace of growth appeared the most rapid in 2018 an increase of 36%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylic polymers, in primary forms (excluding polymethyl methacrylate) in the world?
+
China constituted the country with the largest volume of consumption of acrylic polymers, in primary forms excluding polymethyl methacrylate), accounting for 27% of total volume. Moreover, consumption of acrylic polymers, in primary forms excluding polymethyl methacrylate) in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 10% share.
What are the largest producers of acrylic polymers, in primary forms (excluding polymethyl methacrylate) in the world?
+
China constituted the country with the largest volume of production of acrylic polymers, in primary forms excluding polymethyl methacrylate), accounting for 26% of total volume. Moreover, production of acrylic polymers, in primary forms excluding polymethyl methacrylate) in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.9% share.
What are the leading suppliers of acrylic polymers, in primary forms (excluding polymethyl methacrylate) to Kuwait?
+
In value terms, the United Arab Emirates, Germany and India constituted the largest acrylic polymers, in primary forms excluding polymethyl methacrylate) suppliers to Kuwait, with a combined 63% share of total imports.
What are the leading importers of acrylic polymers, in primary forms (excluding polymethyl methacrylate) from Kuwait?
+
In value terms, the largest markets for acrylic polymers, in primary forms excluding polymethyl methacrylate) exported from Kuwait were Saudi Arabia, Qatar and Jordan, with a combined 80% share of total exports. Egypt, Oman, the United Arab Emirates and France lagged somewhat behind, together accounting for a further 17%.
What is the average export price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) in Kuwait?
+
In 2021, the average export price for acrylic polymers, in primary forms excluding polymethyl methacrylate) amounted to $1,916 per ton, remaining constant against the previous year.
What is the average import price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) in Kuwait?
+
The average import price for acrylic polymers, in primary forms excluding polymethyl methacrylate) stood at $1,968 per ton in 2021, rising by 1.5% against the previous year.

This report provides an in-depth analysis of the market for acrylic polymers, in primary forms (excluding polymethyl methacrylate) 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 20165390 - Acrylic polymers, in primary forms (excluding polymethyl methacrylate)
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
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

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
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
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
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
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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