Kuwait: Barbed Wire Market 2025

Barbed Wire Market Size in Kuwait

In 2021, the Kuwaiti barbed wire market decreased by -19.1% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, posted a resilient increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Barbed Wire Exports

Exports from Kuwait

In 2021, barbed wire exports from Kuwait soared to X tons, growing by 22% on 2020 figures. In general, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by 1,746%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, barbed wire exports reached $X in 2021. Overall, exports, however, saw a dramatic decrease. The pace of growth appeared the most rapid in 2017 with an increase of 824% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for barbed wire exports from Kuwait, with a 77% share of total exports. Moreover, barbed wire exports to the United Arab Emirates exceeded the volume sent to the second major destination, Lebanon (X kg), ninefold. The third position in this ranking was taken by Oman (X kg), with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled -18.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lebanon (-14.4% per year) and Oman (-32.4% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for barbed wire and entanglements exports from Kuwait, comprising 70% of total exports. The second position in the ranking was held by Qatar ($X), with a 10% share of total exports. It was followed by Oman, with a 9% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled -24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-20.4% per year) and Oman (-34.8% per year).

Export Prices by Country

In 2021, the average barbed wire export price amounted to $X per ton, falling by -6.7% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 114%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Lebanon ($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 Qatar (-0.8%), while the prices for the other major destinations experienced a decline.

Barbed Wire Imports

Imports into Kuwait

In 2021, supplies from abroad of barbed wire and entanglements decreased by -16.1% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by 131% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, barbed wire imports fell significantly to $X in 2021. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 146%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Turkey (X tons), China (X tons) and Lebanon (X tons) were the main suppliers of barbed wire imports to Kuwait, together comprising 75% of total imports. South Korea, Qatar, Belgium, India, Saudi Arabia, Italy and the United Arab Emirates lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +62.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of barbed wire and entanglements to Kuwait, comprising 52% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports. It was followed by Belgium, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +39.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.6% per year) and Belgium (+24.5% per year).

Import Prices by Country

In 2021, the average barbed wire import price amounted to $X per ton, shrinking by -3.9% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2020 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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