Kuwait: Pantyhose Market 2024

Pantyhose Market Size in Kuwait

The Kuwaiti pantyhose market dropped to $X in 2023, which is down by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Pantyhose consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Pantyhose Production in Kuwait

In value terms, pantyhose production reduced to $X in 2023 estimated in export price. In general, the total production indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Pantyhose production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

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Pantyhose Exports

Exports from Kuwait

In 2023, approx. X pairs of pantyhose and tights were exported from Kuwait; with an increase of X% on the previous year. In general, exports recorded moderate growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X pairs in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, pantyhose exports surged to $X in 2023. Overall, exports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X pairs) was the main destination for pantyhose exports from Kuwait, with a X% share of total exports. It was followed by Turkey (X pairs), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for pantyhose and tights exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to the United Arab Emirates totaled X%.

Export Prices by Country

The average pantyhose export price stood at $X per pair in 2023, surging by X% against the previous year. Overall, the export price, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per pair in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2023, 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 Turkey stood at $X per pair.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Pantyhose Imports

Imports into Kuwait

After three years of growth, overseas purchases of pantyhose and tights decreased by X% to X pairs in 2023. Overall, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at X pairs in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, pantyhose imports declined to $X in 2023. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Turkey (X pairs), China (X pairs) and the United Arab Emirates (X pairs) were the main suppliers of pantyhose imports to Kuwait, with a combined X% share of total imports. Italy, India, Vietnam and Jordan lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and the United Arab Emirates ($X) were the largest pantyhose suppliers to Kuwait, together accounting for X% of total imports. Italy, India, Vietnam and Jordan lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average pantyhose import price amounted to $X per pair, surging by X% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, pantyhose import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked in 2023 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Vietnam ($X per pair), while the price for the United Arab Emirates ($X per pair) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform