Kuwait: Market for Printing and Writing Paper 2024

Market Size for Printing and Writing Paper in Kuwait

In 2022, the Kuwaiti printing and writing paper market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Printing and Writing Paper in Kuwait

In value terms, printing and writing paper production reached $X in 2022 estimated in export price. Overall, production, however, saw a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Printing and writing paper production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Printing and Writing Paper

Exports from Kuwait

In 2022, overseas shipments of printing and writing paper increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports saw a notable increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, printing and writing paper exports surged to $X in 2022. In general, exports recorded strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and India (X tons) were the main destinations of printing and writing paper exports from Kuwait, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and India ($X) constituted the largest markets for printing and writing paper exported from Kuwait worldwide, together comprising X% of total exports.

In terms of the main countries of destination, India, 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 printing and writing paper export price stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the export price, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Qatar ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Printing and Writing Paper

Imports into Kuwait

In 2022, after two years of decline, there was significant growth in purchases abroad of printing and writing paper, when their volume increased by X% to X tons. Overall, imports, however, continue to indicate a abrupt descent. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, printing and writing paper imports surged to $X in 2022. Over the period under review, imports, however, showed a pronounced descent. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), India (X tons) and Indonesia (X tons) were the main suppliers of printing and writing paper imports to Kuwait, together comprising X% of total imports. The United Arab Emirates, South Korea, Thailand, Sweden and Austria lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), India ($X) and Indonesia ($X) appeared to be the largest printing and writing paper suppliers to Kuwait, with a combined X% share of total imports. The United Arab Emirates, South Korea, Thailand, Sweden and Austria lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded 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

The average printing and writing paper import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($X per ton) and Thailand ($X per ton), while the price for Sweden ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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