Kuwait: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Kuwait

In 2021, the Kuwaiti market for braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a abrupt setback. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Kuwait

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings rose slightly to $X in 2021 estimated in export price. Overall, production showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2021, production of growth remained at a lower figure.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports from Kuwait

In 2021, exports of braids in the piece, tassels and pompons, ornamental trimmings from Kuwait totaled X kg, almost unchanged from the year before. Over the period under review, exports saw a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X kg. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings expanded rapidly to $X in 2021. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

The United Arab Emirates (X kg) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Kuwait, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled +X%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for braids, tassels, pompons and ornamental trimmings exports from Kuwait.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +X%.

Export Prices by Country

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, rising by X% against the previous year. Overall, the export price saw a prominent increase. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +X% per year.

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports into Kuwait

In 2021, imports of braids in the piece, tassels and pompons, ornamental trimmings into Kuwait declined sharply to X tons, shrinking by -X% compared with the previous year. Over the period under review, imports faced a precipitous curtailment. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings fell notably to $X in 2021. Overall, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Lebanon (X tons), China (X tons) and Pakistan (X tons) were the main suppliers of imports of braids in the piece, tassels and pompons, ornamental trimmings to Kuwait, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Lebanon (with a CAGR of -X%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Kuwait, comprising X% of total imports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total imports. It was followed by Pakistan, with an X% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (-X% per year) and Pakistan (-X% per year).

Import Prices by Country

The average import price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, jumping by X% against the previous year. Overall, the import price, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

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

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Source: IndexBox Platform

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