Kuwait: Non-Cellular Polyethylene Film Market 2024

Non-Cellular Polyethylene Film Market Size in Kuwait

The Kuwaiti non-cellular polyethylene film market soared to $X in 2022, growing by X% against the previous year. In general, consumption recorded resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Cellular Polyethylene Film Production in Kuwait

In value terms, non-cellular polyethylene film production declined modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Non-Cellular Polyethylene Film Exports

Exports from Kuwait

In 2022, shipments abroad of non-cellular polyethylene films, sheets, foil and strip was finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, non-cellular polyethylene film exports skyrocketed to $X in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for non-cellular polyethylene film exports from Kuwait, with a X% share of total exports. Moreover, non-cellular polyethylene film exports to Saudi Arabia exceeded the volume sent to the second major destination, Syrian Arab Republic (X tons), fourfold. The third position in this ranking was taken by Jordan (X tons), with a X% share.

From 2013 to 2022, the average annual growth rate of volume to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (X% per year) and Jordan (X% per year).

In value terms, the largest markets for non-cellular polyethylene film exported from Kuwait were Saudi Arabia ($X), Syrian Arab Republic ($X) and Jordan ($X), with a combined X% share of total exports. Qatar, Germany and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average non-cellular polyethylene film export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Cellular Polyethylene Film Imports

Imports into Kuwait

In 2022, supplies from abroad of non-cellular polyethylene films, sheets, foil and strip increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cellular polyethylene film imports surged to $X in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest non-cellular polyethylene film supplier to Kuwait, with a X% share of total imports. Moreover, non-cellular polyethylene film imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. China (X tons) ranked third in terms of total imports with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and China (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of non-cellular polyethylene films, sheets, foil and strip to Kuwait, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2013 to 2022, the average annual growth rate of value from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average non-cellular polyethylene film import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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