Kuwait: Modelling Pastes Market 2024

Modelling Pastes Market Size in Kuwait

The Kuwaiti modelling pastes market shrank sharply to $X in 2022, declining 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). In general, consumption, however, posted a buoyant increase. Over the period under review, the market reached the peak level at $X in 2021, and then reduced notably in the following year.

Modelling Pastes Exports

Exports from Kuwait

In 2022, shipments abroad of modelling pastes, dental wax and dental impression compounds increased by X% to X kg for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, modelling pastes exports reduced modestly to $X in 2022. Overall, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Qatar (X kg) was the main destination for modelling pastes exports from Kuwait, accounting for a X% share of total exports. Moreover, modelling pastes exports to Qatar exceeded the volume sent to the second major destination, Germany (X kg), twofold. The third position in this ranking was held by the United Arab Emirates (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United Arab Emirates (X% per year).

In value terms, Germany ($X), Qatar ($X) and Bahrain ($X) constituted the largest markets for modelling pastes exported from Kuwait worldwide, with a combined X% share of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average modelling pastes export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

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

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Modelling Pastes Imports

Imports into Kuwait

In 2022, modelling pastes imports into Kuwait dropped remarkably to X tons, shrinking by X% on the previous year's figure. Over the period under review, imports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, modelling pastes imports contracted remarkably to $X in 2022. Overall, imports, however, recorded prominent growth. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then declined significantly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of modelling pastes to Kuwait, accounting for a X% share of total imports. Moreover, modelling pastes imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fourfold. The United Arab Emirates (X tons) 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 China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to Kuwait, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average modelling pastes import price stood at $X per ton in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 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 more modest paces of growth.

Source: IndexBox Platform

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