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Kuwait - Roundwood - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Roundwood Market 2024

Roundwood Market Size in Kuwait

The Kuwaiti roundwood market declined modestly to $X in 2022, reducing by X% against the previous year. Overall, consumption continues to indicate a significant increase. Roundwood consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Roundwood Production in Kuwait

In value terms, roundwood production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X,838% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

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Roundwood Exports

Exports from Kuwait

In 2022, shipments abroad of roundwood increased by X% to X cubic meters, rising for the second consecutive year after four years of decline. Overall, exports, however, showed a abrupt decline. Over the period under review, the exports attained the peak figure at X cubic meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, roundwood exports surged to $X in 2022. In general, exports, however, continue to indicate a deep setback. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X cubic meters) was the main destination for roundwood exports from Kuwait, accounting for a X% share of total exports. Moreover, roundwood exports to Saudi Arabia exceeded the volume sent to the second major destination, Bahrain (X cubic meters), fourfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for roundwood exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Saudi Arabia amounted to X%.

Export Prices by Country

In 2022, the average roundwood export price amounted to $X per cubic meter, rising by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per cubic meter), while the average price for exports to Bahrain totaled $X per cubic meter.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced a decline.

Roundwood Imports

Imports into Kuwait

In 2022, overseas purchases of roundwood increased by X% to X cubic meters, rising for the second year in a row after three years of decline. In general, imports posted significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, roundwood imports shrank slightly to $X in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Egypt (X cubic meters), Latvia (X cubic meters) and Indonesia (X cubic meters) were the main suppliers of roundwood imports to Kuwait, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constituted the largest supplier of roundwood to Kuwait, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Egypt (X% per year).

Import Prices by Country

In 2022, the average roundwood import price amounted to less than $X per cubic meter, waning by X% against the previous year. In general, the import price recorded a precipitous setback. The growth pace was the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa (less than $X per cubic meter), while the price for Latvia (less than $X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Djibouti (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for roundwood in the world?

South Africa remains the largest roundwood consuming country worldwide, accounting for 50% of total volume. Moreover, roundwood consumption in South Africa exceeded the figures recorded by the second-largest consumer, Belarus, fourfold. Bosnia and Herzegovina ranked third in terms of total consumption with an 11% share.

What are the largest producers of roundwood in the world?

The country with the largest volume of roundwood production was Bosnia and Herzegovina, accounting for 64% of total volume. Moreover, roundwood production in Bosnia and Herzegovina exceeded the figures recorded by the second-largest producer, Belarus, threefold.

What are the leading suppliers of roundwood to Kuwait?

In value terms, South Africa constituted the largest supplier of roundwood to Kuwait, comprising 46% of total imports. The second position in the ranking was taken by Indonesia, with a 6.5% share of total imports. It was followed by Egypt, with a 3.9% share.

What are the leading importers of roundwood from Kuwait?

In value terms, Saudi Arabia emerged as the key foreign market for roundwood exports from Kuwait, comprising 97% of total exports. The second position in the ranking was held by Bahrain $692), with a 2.9% share of total exports.

What is the average export price for roundwood in Kuwait?

In 2022, the average roundwood export price amounted to $136 per cubic meter, growing by 491% against the previous year.

What is the average import price for roundwood in Kuwait?

The average roundwood import price stood at less than $0.1 per cubic meter in 2022, falling by -81.7% against the previous year.

This report provides an in-depth analysis of the roundwood market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1627 - Wood fuel, coniferous (production)
FCL 1628 - Wood fuel, non-coniferous (production)
FCL 1866 -
FCL 1867 -

Country coverage:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023