Kuwait: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2022

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Kuwait

The Kuwaiti high-tenacity filament nylon yarn market dropped to $X in 2021, waning by -X% against the previous year. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: 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 2021 figures, consumption increased by +X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Kuwait

In value terms, high-tenacity filament nylon yarn production reduced to $X in 2021 estimated in export price. Overall, the total production indicated a prominent increase from 2012 to 2021: 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 2021 figures, production increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. High-tenacity filament nylon yarn production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Kuwait

In 2021, shipments abroad of high-tenacity filament yarn of nylon or other polyamides decreased by X% to less than X kg, falling for the second year in a row after two years of decline. In general, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, high-tenacity filament nylon yarn exports amounted to less than $X in 2021. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Iraq (X kg) was the main destination for high-tenacity filament nylon yarn exports from Kuwait, with a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Iraq was relatively modest.

From 2012 to 2019, the average annual rate of growth in terms of value to Iraq was relatively modest.

Export Prices by Country

In 2019, the average high-tenacity filament nylon yarn export price amounted to $X per ton, flattening at the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2019, the 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 Iraq.

From 2012 to 2019, the rate of growth in terms of prices for Iraq amounted to X% per year.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Kuwait

In 2021, approx. X tons of high-tenacity filament yarn of nylon or other polyamides were imported into Kuwait; reducing by -X% on the previous year's figure. Over the period under review, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn imports contracted remarkably to $X in 2021. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Saudi Arabia (X tons) was the main high-tenacity filament nylon yarn supplier to Kuwait, accounting for a X% share of total imports. Moreover, high-tenacity filament nylon yarn imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Saudi Arabia amounted to -X%.

In value terms, Saudi Arabia ($X) constituted the largest supplier of high-tenacity filament nylon yarn to Kuwait, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Saudi Arabia totaled -X%.

Import Prices by Country

The average high-tenacity filament nylon yarn import price stood at $X per ton in 2021, declining by -X% against the previous year. In general, the import price recorded a noticeable setback. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Saudi Arabia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%).

Source: IndexBox Platform