Kuwait: Market for Non-Soap Surface-Active Washing and Cleaning Preparations 2023

Market Size for Non-Soap Surface-Active Washing and Cleaning Preparations in Kuwait

The Kuwaiti market for non-soap surface-active washing and cleaning preparations reached $X in 2021, increasing by 6.4% 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). Overall, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.6% 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 +85.7% against 2013 indices. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Exports of Non-Soap Surface-Active Washing and Cleaning Preparations

Exports from Kuwait

Exports of non-soap surface-active washing and cleaning preparations from Kuwait soared to X tons in 2021, jumping by 140% against the previous year. Over the period under review, exports continue to indicate a prominent expansion. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, exports of non-soap surface-active washing and cleaning preparations skyrocketed to $X in 2021. In general, exports continue to indicate strong growth. Over the period under review, the exports of reached the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Oman (X tons) was the main destination for exports of non-soap surface-active washing and cleaning preparations from Kuwait, accounting for a 26% share of total exports. Moreover, exports of non-soap surface-active washing and cleaning preparations to Oman exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman amounted to +53.8%.

In value terms, the largest markets for non-soap surface-active washing and cleaning preparations exported from Kuwait were Oman ($X) and the United Arab Emirates ($X).

Oman, with a CAGR of +42.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average export price for non-soap surface-active washing and cleaning preparations amounted to $X per ton, jumping by 19% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for non-soap surface-active washing and cleaning preparations increased by +22.8% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 36%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Oman totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Soap Surface-Active Washing and Cleaning Preparations

Imports into Kuwait

For the fifth consecutive year, Kuwait recorded growth in overseas purchases of non-soap surface-active washing and cleaning preparations, which increased by 6.5% to X tons in 2021. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 23% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, imports of non-soap surface-active washing and cleaning preparations expanded notably to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +23.3% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 17%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest non-soap surface-active washing and cleaning preparations supplier to Kuwait, with a 68% share of total imports. Moreover, imports of non-soap surface-active washing and cleaning preparations from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sixfold. The third position in this ranking was taken by India (X tons), with a 1.7% share.

From 2012 to 2021, the average annual growth rate of volume from Saudi Arabia amounted to +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+21.1% per year) and India (+36.3% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of non-soap surface-active washing and cleaning preparations to Kuwait, comprising 49% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 20% share of total imports. It was followed by Egypt, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia totaled +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+22.2% per year) and Egypt (+27.3% per year).

Import Prices by Country

In 2021, the average import price for non-soap surface-active washing and cleaning preparations amounted to $X per ton, increasing by 2.2% against the previous year. Overall, the import price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 12%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :