Kuwait: Ceramic Tile Market 2024

Ceramic Tile Market Size in Kuwait

The Kuwaiti ceramic tile market totaled $X in 2022, growing by X% 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, consumption, however, showed a perceptible curtailment. Ceramic tile consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ceramic Tile Exports

Exports from Kuwait

In 2022, the amount of ceramic tiles exported from Kuwait plummeted to X square meters, which is down by X% on 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X square meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, ceramic tile exports declined significantly to $X in 2022. Overall, exports, however, posted a perceptible expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Lebanon (X square meters) was the main destination for ceramic tile exports from Kuwait, accounting for a X% share of total exports. Moreover, ceramic tile exports to Lebanon exceeded the volume sent to the second major destination, Burkina Faso (X square meters), threefold. Bahrain (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lebanon stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Bahrain (X% per year).

In value terms, Lebanon ($X) remains the key foreign market for ceramic tiles exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Lebanon totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Bahrain (X% per year).

Export Prices by Country

The average ceramic tile export price stood at $X per square meter in 2022, leveling off at the previous year. Over the period under review, the export price showed a notable increase. The most prominent rate of growth was recorded 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 remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lebanon ($X per square meter) and Bahrain ($X per square meter), while the average price for exports to Burkina Faso ($X per square meter) and Niger ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Tile Imports

Imports into Kuwait

In 2022, ceramic tile imports into Kuwait expanded slightly to X square meters, picking up by X% against 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at X square meters in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, ceramic tile imports amounted to $X in 2022. In general, imports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X square meters) constituted the largest ceramic tile supplier to Kuwait, accounting for a X% share of total imports. Moreover, ceramic tile imports from India exceeded the figures recorded by the second-largest supplier, Spain (X square meters), fourfold. Italy (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Italy (X% per year).

In value terms, India ($X) constituted the largest supplier of ceramic tiles to Kuwait, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Italy (X% per year).

Import Prices by Country

The average ceramic tile import price stood at $X per square meter in 2022, remaining constant against the previous year. Over the period under review, the import price, however, showed a mild slump. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Iran ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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