Report Kuwait - Artificial Fur - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 29, 2022

Kuwait - Artificial Fur - Market Analysis, Forecast, Size, Trends and Insights
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Kuwait: Artificial Fur Market 2022

Artificial Fur Market Size in Kuwait

The Kuwaiti artificial fur market stood at $X in 2021, with an increase of X% against the previous year. Overall, consumption showed a drastic downturn. Artificial fur consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Artificial Fur Production in Kuwait

In value terms, artificial fur production expanded to $X in 2021 estimated in export price. In general, production continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Artificial Fur Exports

Exports from Kuwait

In 2021, shipments abroad of artificial fur decreased by X% to less than X kg, falling for the second year in a row after two years of decline. Over the period under review, exports saw a remarkable increase. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, artificial fur exports stood at less than $X in 2021. Overall, exports faced a abrupt descent. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X kg) and China (X kg) were the main destinations of artificial fur exports from Kuwait.

From 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X 2012 to 2019, the average annual rate of growth in terms of value to Italy stood at -X%.

Export Prices by Country

The average artificial fur export price stood at $X per ton in 2019, leveling off at the previous year. Overall, the export price faced a sharp descent. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2019, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Italy ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Artificial Fur Imports

Imports into Kuwait

In 2021, after seven years of decline, there was significant growth in overseas purchases of artificial fur, when their volume increased by X% to X kg. Overall, imports, however, saw a dramatic downturn. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth imports remained at a somewhat lower figure.

In value terms, artificial fur imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt descent. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

China (X kg), Syrian Arab Republic (X kg) and the United Arab Emirates (X kg) were the main suppliers of artificial fur imports to Kuwait, with a combined X% share of total imports. These countries were followed by Poland, Romania, the UK and Italy, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of -X%), while imports for the other leaders experienced a decline.

In value terms, the UK ($X) constituted the largest supplier of artificial fur to Kuwait, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Romania, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Romania (-X% per year).

Import Prices by Country

The average artificial fur import price stood at $X per ton in 2021, rising by X% against the previous year. In general, the import price continues to indicate significant growth. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($X per ton), while the price for China ($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 UK (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial fur in the world?
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The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 31% share of global consumption. Japan, Russia, Germany, Brazil, Indonesia, Vietnam, Mexico and Saudi Arabia lagged somewhat behind, together comprising a further 21%.
What are the largest producers of artificial fur in the world?
+
The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 35% share of global production.
What are the leading suppliers of artificial fur to Kuwait?
+
In value terms, the UK constituted the largest supplier of artificial fur to Kuwait, comprising 40% of total imports. The second position in the ranking was occupied by Italy, with a 15% share of total imports. It was followed by Romania, with an 11% share.
What is the average export price for artificial fur in Kuwait?
+
In 2019, the average artificial fur export price amounted to $8,462 per ton, remaining constant against the previous year.
What is the average import price for artificial fur in Kuwait?
+
The average artificial fur import price stood at $66,528 per ton in 2021, rising by 11% against the previous year.

This report provides an in-depth analysis of the artificial fur 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 13911920 - Artificial fur and articles thereof
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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCTS

Finding New Products to Diversify Your Business

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

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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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