Report Update Apr 1, 2024

Kuwait - Sewing Thread of Man-Made Filaments or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Sewing Thread Market 2024

Sewing Thread Market Size in Kuwait

In 2022, the Kuwaiti sewing thread 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, saw a relatively flat trend pattern. Sewing thread consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Sewing Thread Production in Kuwait

In value terms, sewing thread production soared to $X in 2022 estimated in export price. In general, production, however, showed a abrupt decline. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Sewing thread production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Sewing Thread Exports

Exports from Kuwait

In 2022, after two years of decline, there was significant decline in shipments abroad of sewing thread of man-made filaments or staple fibers, when their volume decreased by X% to X tons. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, sewing thread exports dropped significantly to $X in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for sewing thread exports from Kuwait, accounting for a X% share of total exports. Moreover, sewing thread exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), more than tenfold.

From 2014 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia totaled X%.

In value terms, Saudi Arabia ($X) remains the key foreign market for sewing thread of man-made filaments or staple fibers exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2014 to 2022, the average annual growth rate of value to Saudi Arabia amounted to X%.

Export Prices by Country

In 2022, the average sewing thread export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%).

Sewing Thread Imports

Imports into Kuwait

In 2022, sewing thread imports into Kuwait declined notably to X tons, shrinking by X% compared with the year before. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sewing thread imports skyrocketed to $X in 2022. In general, imports, however, saw notable growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main sewing thread supplier to Kuwait, accounting for a X% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a X% share of total imports.

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

In value terms, China ($X) constituted the largest supplier of sewing thread of man-made filaments or staple fibers to Kuwait, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

The average sewing thread import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price recorded a strong increase. As a result, import price attained 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 Taiwan (Chinese) ($X per ton), while the price for China stood at $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sewing thread of man-made filaments or staple fibers in the world?

The countries with the highest volumes of consumption in 2022 were Russia, China and the United States, with a combined 43% share of global consumption. India, Brazil, Indonesia, Belgium, Turkey, France, Bangladesh and Myanmar lagged somewhat behind, together accounting for a further 23%.

What are the largest producers of sewing thread of man-made filaments or staple fibers in the world?

China remains the largest sewing thread producing country worldwide, comprising approx. 41% of total volume. Moreover, sewing thread production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The United States ranked third in terms of total production with an 11% share.

What are the leading suppliers of sewing thread of man-made filaments or staple fibers to Kuwait?

In value terms, China constituted the largest supplier of sewing thread of man-made filaments or staple fibers to Kuwait, comprising 80% of total imports. The second position in the ranking was taken by Taiwan Chinese), with a 1.1% share of total imports.

What are the leading importers of sewing thread of man-made filaments or staple fibers from Kuwait?

In value terms, Saudi Arabia remains the key foreign market for sewing thread of man-made filaments or staple fibers exports from Kuwait, comprising 95% of total exports. The second position in the ranking was taken by the United Arab Emirates $393), with a 3.8% share of total exports.

What is the average export price for sewing thread of man-made filaments or staple fibers in Kuwait?

In 2022, the average sewing thread export price amounted to $7,633 per ton, flattening at the previous year.

What is the average import price for sewing thread of man-made filaments or staple fibers in Kuwait?

The average sewing thread import price stood at $9,538 per ton in 2022, surging by 210% against the previous year.

This report provides an in-depth analysis of the sewing thread 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:

Prodcom 13108510 - Sewing thread of man-made filaments
Prodcom 13108550 - Sewing thread of man-made staple fibres

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