Report Update Nov 1, 2024

Kuwait - Articles of Peat - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Articles Of Peat Market 2024

Articles Of Peat Market Size in Kuwait

The Kuwaiti articles of peat market amounted to $X in 2022, standing approx. at the previous year. Over the period under review, consumption, however, showed a mild shrinkage. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Articles Of Peat Production in Kuwait

In value terms, articles of peat production reached $X in 2022 estimated in export price. Overall, production, however, saw a pronounced setback. The pace of growth was the most pronounced in 2016 with an increase of 36% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Articles Of Peat Exports

Exports from Kuwait

Articles of peat exports from Kuwait skyrocketed to X kg in 2022, growing by 18% against 2021. In general, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 415% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, articles of peat exports reached $X in 2022. Overall, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2016 when exports increased by 274% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Qatar (X kg) was the main destination for articles of peat exports from Kuwait, accounting for a 83% share of total exports. Moreover, articles of peat exports to Qatar exceeded the volume sent to the second major destination, Saudi Arabia (X kg), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Qatar amounted to -5.0%.

In value terms, Saudi Arabia ($X) and Qatar ($X) were the largest markets for articles of peat exported from Kuwait worldwide.

Saudi Arabia, with a CAGR of -15.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average articles of peat export price amounted to $X per ton, shrinking by -9.1% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2015 an increase of 52%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Qatar stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+7.8%).

Articles Of Peat Imports

Imports into Kuwait

In 2022, supplies from abroad of articles of peat decreased by -40.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 372% against the previous year. As a result, imports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, articles of peat imports reduced markedly to $X in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 646% against the previous year. As a result, imports attained the peak of $X, and then dropped rapidly in the following year.

Imports by Country

China (X tons), Saudi Arabia (X tons) and Italy (X tons) were the main suppliers of articles of peat imports to Kuwait, together accounting for 87% of total imports. India, Indonesia and Poland lagged somewhat behind, together comprising a further 9.9%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +95.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of articles of peat to Kuwait, comprising 62% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 20% share of total imports. It was followed by Italy, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +91.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+45.3% per year) and Italy (+30.9% per year).

Import Prices by Country

The average articles of peat import price stood at $X per ton in 2022, shrinking by -5.1% against the previous year. Overall, the import price, however, continues to indicate strong growth. The growth pace was the most rapid in 2020 an increase of 72%. The import price peaked at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+16.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of peat in the world?

China constituted the country with the largest volume of articles of peat consumption, accounting for 19% of total volume. Moreover, articles of peat consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.7% share.

What are the largest producers of articles of peat in the world?

China remains the largest articles of peat producing country worldwide, accounting for 19% of total volume. Moreover, articles of peat production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.7% share.

What are the leading suppliers of articles of peat to Kuwait?

In value terms, Italy constituted the largest supplier of articles of peat to Kuwait, comprising 40% of total imports. The second position in the ranking was occupied by China, with a 16% share of total imports. It was followed by Poland, with a 16% share.

What is the average import price for articles of peat in Kuwait?

The average articles of peat import price stood at $2,024 per ton in 2021, waning by -43.8% against the previous year.

This report provides an in-depth analysis of the articles of peat 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 23991980 - Articles of peat (including sheets, cylinder shells and plant pots) (excluding textile articles of peat fibre)

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