Kuwait: Uncoated Felt Paper Market 2022

Uncoated Felt Paper Market Size in Kuwait

After two years of growth, the Kuwaiti uncoated felt paper market decreased by -X% to $X in 2021. Overall, consumption, however, continues to indicate resilient growth. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Uncoated Felt Paper Exports

Exports from Kuwait

In 2021, overseas shipments of uncoated felt paper and paperboard decreased by -X% to X kg for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, uncoated felt paper exports dropped to $X in 2021. Overall, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X kg) was the main destination for uncoated felt paper exports from Kuwait, accounting for a X% share of total exports. Moreover, uncoated felt paper exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia amounted to +X%.

In value terms, Saudi Arabia ($X) and the United Arab Emirates ($X) appeared to be the largest markets for uncoated felt paper exported from Kuwait worldwide.

Among the main countries of destination, Saudi Arabia, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average uncoated felt paper export price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2020, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Saudi Arabia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+X%).

Uncoated Felt Paper Imports

Imports into Kuwait

In 2021, overseas purchases of uncoated felt paper and paperboard decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, uncoated felt paper imports fell to $X in 2021. Over the period under review, imports, however, continue to indicate a moderate expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest uncoated felt paper supplier to Kuwait, accounting for a X% share of total imports. Moreover, uncoated felt paper imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Saudi Arabia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of uncoated felt paper to Kuwait, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with an X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the United Arab Emirates (+X% per year).

Import Prices by Country

In 2021, the average uncoated felt paper import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average 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 United Arab Emirates ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform