Kuwait: Textile Tubing Market 2022

Textile Tubing Market Size in Kuwait

In 2021, after four years of growth, there was significant decline in the Kuwaiti textile tubing market, when its value decreased by -X% to $X. In general, consumption, however, saw a buoyant increase. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.

Textile Tubing Production in Kuwait

In value terms, textile tubing production dropped significantly to $X in 2021 estimated in export price. Overall, production, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then shrank significantly in the following year.

Textile Tubing Exports

Exports from Kuwait

In 2021, overseas shipments of textile hosepiping and similar textile tubing decreased by -X% to X tons for the first time since 2013, thus ending a seven-year rising trend. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then declined rapidly in the following year.

In value terms, textile tubing exports reduced dramatically to $X in 2021. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2020, and then dropped remarkably in the following year.

Exports by Country

Saudi Arabia (X tons), Qatar (X kg) and the United Arab Emirates (X kg) were the main destinations of textile tubing exports from Kuwait, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Qatar (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bahrain ($X) remains the key foreign market for textile tubing exports from Kuwait, comprising X% of total exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Bahrain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2021, the average textile tubing export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Bahrain ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-X%), while the prices for the other major destinations experienced a decline.

Textile Tubing Imports

Imports into Kuwait

In 2021, purchases abroad of textile hosepiping and similar textile tubing increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth imports remained at a lower figure.

In value terms, textile tubing imports reached $X in 2021. Overall, imports posted a resilient increase. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of textile tubing to Kuwait, with a X% share of total imports. Moreover, textile tubing imports from the United States exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. The third position in this ranking was occupied by China (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States 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, the United States ($X) constituted the largest supplier of textile tubing to Kuwait, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States 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 2021, the average textile tubing import price amounted to $X per ton, remaining constant against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform