
Kuwait - Sails - Market Analysis, Forecast, Size, Trends and Insights
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Kuwait: Sail Market 2021
Sail Market Size in Kuwait
The Kuwaiti sail market was estimated at $X in 2020, with an increase of X% against the previous year. Overall, consumption, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Sail consumption peaked in 2020 and is expected to retain growth in the immediate term.
Sail Production in Kuwait
In value terms, sail production reached $X in 2020 estimated in export prices. Overall, production, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Sail production peaked at $X in 2017; afterwards, it flattened through to 2020.
Sail Exports
Exports from Kuwait
Sail exports from Kuwait contracted to X tons in 2020, falling by -X% against the previous year. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Exports peaked at X tons in 2017; however, from 2018 to 2020, exports failed to regain the momentum.
In value terms, sail exports reached $X in 2020. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.
Exports by Country
The United Arab Emirates (X tons), Saudi Arabia (X tons) and Jordan (X kg) were the main destinations of sail exports from Kuwait.
From 2007 to 2020, the biggest increases were in Saudi Arabia, while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for sail exported from Kuwait were the United Arab Emirates ($X), Saudi Arabia ($X) and Jordan ($X (+X% per year) saw the highest rates of growth with regard to 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
The average sail export price stood at $X per ton in 2020, growing by X% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2015 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per ton in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Jordan ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Jordan, while the prices for the other major destinations experienced mixed trend patterns.
Sail Imports
Imports into Kuwait
In 2020, sail imports into Kuwait fell notably to X kg, which is down by -X% against 2019. In general, imports, however, posted notable growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X kg in 2013; however, from 2014 to 2020, imports remained at a lower figure.
In value terms, sail imports surged to $X in 2020. Over the period under review, imports, however, showed a slight setback. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.
Imports by Country
The United Arab Emirates (X kg), China (X kg) and Germany (X kg) were the main suppliers of sail imports to Kuwait, together accounting for X% of total imports.
From 2007 to 2020, the biggest increases were in Germany, while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest sail suppliers to Kuwait were Italy ($X), the United Arab Emirates ($X) and Germany ($X), with a combined X% share of total imports.
In terms of the main suppliers, Italy (+X% per year) 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 sail import price stood at $X per ton in 2020, growing by X% against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. Over the period under review, average import prices attained the maximum at $X per ton in 2010; however, from 2011 to 2020, import prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sail 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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