Kuwait: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in Kuwait

In 2022, the Kuwaiti market for boards, sheets, panels, tiles and similar articles of plaster faced with paper decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, posted a moderate increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in Kuwait

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster faced with paper declined modestly to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Exports from Kuwait

In 2022, overseas shipments of boards, sheets, panels, tiles and similar articles of plaster faced with paper decreased by X% to X square meters, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a mild increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports attained the peak of X square meters. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper totaled $X in 2022. In general, exports recorded a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper from Kuwait, accounting for a approx. X% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled X%.

From 2015 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to X%.

Export Prices by Country

In 2022, the average export price for boards, sheets, panels, tiles and similar articles of plaster faced with paper amounted to $X per square meter, flattening at the previous year. In general, the export price showed a strong expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2015 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Imports into Kuwait

In 2022, the amount of boards, sheets, panels, tiles and similar articles of plaster faced with paper imported into Kuwait declined sharply to X square meters, falling by X% against the year before. Overall, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of X square meters. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster faced with paper reduced notably to $X in 2022. In general, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

The United Arab Emirates (X square meters), Saudi Arabia (X square meters) and Bulgaria (X square meters) were the main suppliers of imports of boards, sheets, panels, tiles and similar articles of plaster faced with paper to Kuwait, with a combined X% share of total imports.

From 2013 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Bulgaria ($X) were the largest board, sheet, panel and tile faced with paper suppliers to Kuwait, together accounting for X% of total imports.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for boards, sheets, panels, tiles and similar articles of plaster faced with paper stood at $X per square meter in 2022, growing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Oman ($X per square meter) and Bulgaria ($X per square meter), while the price for Italy ($X per square meter) and Turkey ($X per square meter) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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