Kuwait: Market for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn 2024

Market Size for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in Kuwait

The Kuwaiti metal thread woven fabric market reduced markedly to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a abrupt decrease. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Exports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Exports from Kuwait

In 2020, after three years of growth, there was significant decline in overseas shipments of woven fabrics of metal thread and woven fabrics of metallised yarn, when their volume decreased by X% to X square meters. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X square meters in 2019, and then declined significantly in the following year.

In value terms, metal thread woven fabric exports shrank sharply to $X in 2020. Overall, exports faced a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019, and then dropped dramatically in the following year.

Exports by Country

The United Arab Emirates (X square meters) was the main destination for metal thread woven fabric exports from Kuwait, with a X% share of total exports. Moreover, metal thread woven fabric exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X square meters), threefold.

From 2013 to 2020, the average annual growth rate of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Saudi Arabia (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for woven fabrics of metal thread and woven fabrics of metallised yarn exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Qatar (X% per year).

Export Prices by Country

In 2020, the average metal thread woven fabric export price amounted to $X per square meter, dropping by X% against the previous year. Over the period from 2013 to 2020, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2016; however, from 2017 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while the average price for exports to Qatar ($X per square meter) was amongst the lowest.

From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Imports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Imports into Kuwait

In 2022, metal thread woven fabric imports into Kuwait dropped to X square meters, waning by X% on 2021 figures. Over the period under review, imports showed a deep reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X square meters in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, metal thread woven fabric imports declined sharply to $X in 2022. In general, imports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

France (X square meters), Qatar (X square meters) and India (X square meters) were the main suppliers of metal thread woven fabric imports to Kuwait, with a combined X% share of total imports. Italy, the UK, China, Turkey, Egypt, Japan, the United Arab Emirates and Sweden lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and the UK ($X) constituted the largest metal thread woven fabric suppliers to Kuwait, together comprising X% of total imports.

Among the main suppliers, the UK, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average metal thread woven fabric import price amounted to $X per square meter, dropping by X% against the previous year. In general, the import price, however, showed prominent growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2021, and then contracted dramatically in the following year.

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 Japan ($X per square meter), while the price for Qatar (less than $X per square meter) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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