Kuwait: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Kuwait

For the third consecutive year, the Kuwaiti market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap recorded growth in sales value, which increased by X% to $X in 2022. In general, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Kuwait

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap surged to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep slump. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Kuwait

In 2022, the amount of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exported from Kuwait surged to X pairs, with an increase of X% compared with the year before. Over the period under review, exports showed a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap surged to $X in 2022. Overall, exports saw strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X pairs) was the main destination for exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Kuwait, with a X% share of total exports. Moreover, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to the United Arab Emirates exceeded the volume sent to the second major destination, Italy (X pairs), fourfold. The third position in this ranking was taken by Iraq (X pairs), with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Iraq (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2013 to 2022, the average annual growth rate of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2022, the average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per pair, picking up by X% against the previous year. In general, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per pair in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per pair), while the average price for exports to Iraq ($X per pair) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Kuwait

In 2022, purchases abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by X% to X pairs, rising for the second consecutive year after two years of decline. In general, imports, however, showed a slight slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at X pairs in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap surged to $X in 2022. Overall, total imports indicated a modest increase from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Kuwait, accounting for a X% share of total imports. Moreover, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from China exceeded the figures recorded by the second-largest supplier, India (X pairs), threefold. The third position in this ranking was taken by Thailand (X pairs), with a X% share.

From 2013 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Thailand (X% per year).

In value terms, China ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Kuwait, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with an X% share of total imports. It was followed by Italy, with an X% share.

From 2013 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per pair, picking up by X% against the previous year. In general, import price indicated a moderate expansion from 2013 to 2022: its price increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Vietnam ($X per pair), while the price for India ($X per pair) was amongst the lowest.

From 2013 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 mixed trend patterns.

Source: IndexBox Platform

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