Report Update Apr 1, 2024

Kuwait - Hand-Made Lace in the Piece, in Strips or in Motifs - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Hand-Made Lace Market 2024

Hand-Made Lace Market Size in Kuwait

The Kuwaiti hand-made lace market surged to $X in 2022, increasing by X% against the previous year. Overall, consumption continues to indicate a prominent expansion. Hand-made lace consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Hand-Made Lace Production in Kuwait

In value terms, hand-made lace production contracted to $X in 2022 estimated in export price. In general, production, however, saw a abrupt decline. The growth pace was the most rapid in 2021 when the production volume increased by X%. Hand-made lace production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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Hand-Made Lace Exports

Exports from Kuwait

In 2020, shipments abroad of hand-made lace in the piece, in strips or in motifs decreased by X% to X tons for the first time since 2017, thus ending a two-year declining trend. Overall, exports posted a tangible increase. The smallest decline of X% was in 2018. Over the period under review, the exports reached the peak figure in 2020 and are expected to retain growth in the immediate term.

In value terms, hand-made lace exports stood at $X in 2020. In general, exports recorded a sharp contraction. The smallest decline of X% was in 2018. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for hand-made lace exports from Kuwait, with a approx. X% share of total exports.

From 2014 to 2020, the average annual growth rate of volume to Saudi Arabia totaled X%.

From 2014 to 2020, the average annual growth rate of value to Saudi Arabia amounted to X%.

Export Prices by Country

The average hand-made lace export price stood at $X per ton in 2020, almost unchanged from the previous year. In general, the export price saw a precipitous shrinkage. The pace of growth was the most pronounced in 2018 a decrease of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2014 to 2020, the rate of growth in terms of prices for Saudi Arabia amounted to X% per year.

Hand-Made Lace Imports

Imports into Kuwait

In 2022, after two years of decline, there was significant growth in overseas purchases of hand-made lace in the piece, in strips or in motifs, when their volume increased by X% to X tons. Overall, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, hand-made lace imports soared to $X in 2022. In general, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of hand-made lace to Kuwait, with a X% share of total imports. Moreover, hand-made lace imports from India exceeded the figures recorded by the second-largest supplier, China (X kg), threefold.

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

In value terms, India ($X), Turkey ($X) and China ($X) were the largest hand-made lace suppliers to Kuwait, with a combined X% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average hand-made lace import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price showed a abrupt descent. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hand-made lace in the piece, in strips or in motifs in the world?

Syrian Arab Republic constituted the country with the largest volume of hand-made lace consumption, comprising approx. 51% of total volume. Moreover, hand-made lace consumption in Syrian Arab Republic exceeded the figures recorded by the second-largest consumer, China, eightfold. The Philippines ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of hand-made lace in the piece, in strips or in motifs in the world?

Syrian Arab Republic constituted the country with the largest volume of hand-made lace production, comprising approx. 55% of total volume. Moreover, hand-made lace production in Syrian Arab Republic exceeded the figures recorded by the second-largest producer, China, sixfold. The third position in this ranking was taken by Turkey, with a 9.1% share.

What are the leading suppliers of hand-made lace in the piece, in strips or in motifs to Kuwait?

In value terms, India, Turkey and China constituted the largest hand-made lace suppliers to Kuwait, with a combined 98% share of total imports.

What is the average export price for hand-made lace in the piece, in strips or in motifs in Kuwait?

In 2020, the average hand-made lace export price amounted to $627 per ton, stabilizing at the previous year.

What is the average import price for hand-made lace in the piece, in strips or in motifs in Kuwait?

The average hand-made lace import price stood at $12,094 per ton in 2022, reducing by -7.2% against the previous year.

This report provides an in-depth analysis of the hand-made lace 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 13991170 - Hand-made lace in the piece, in strips or in motifs

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:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023