Kuwait: Market for Bed Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Bed Linen Of Knitted Or Crocheted Textiles in Kuwait

The Kuwaiti market for bed linen of knitted or crocheted textiles contracted markedly to $X in 2022, dropping by -23.3% 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). In general, consumption, however, recorded a relatively flat trend pattern. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Exports of Bed Linen Of Knitted Or Crocheted Textiles

Exports from Kuwait

In 2022, approx. X kg of bed linen of knitted or crocheted textiles were exported from Kuwait; with a decrease of -12.7% against 2021 figures. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 228% against the previous year. The exports peaked at X kg in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of bed linen of knitted or crocheted textiles shrank rapidly to $X in 2022. Overall, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 343% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Qatar (X kg) was the main destination for exports of bed linen of knitted or crocheted textiles from Kuwait, with a 64% share of total exports. Moreover, exports of bed linen of knitted or crocheted textiles to Qatar exceeded the volume sent to the second major destination, Saudi Arabia (X kg), fourfold. The third position in this ranking was held by Oman (X kg), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar stood at +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-5.2% per year) and Oman (+24.6% per year).

In value terms, Qatar ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) were the largest markets for bed linen of knitted or crocheted textiles exported from Kuwait worldwide, with a combined 94% share of total exports.

Qatar, with a CAGR of +15.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for bed linen of knitted or crocheted textiles stood at $X per ton in 2022, falling by -14.8% against the previous year. Overall, the export price, however, continues to indicate a tangible increase. The pace of growth was the most pronounced in 2016 an increase of 186%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bed Linen Of Knitted Or Crocheted Textiles

Imports into Kuwait

Imports of bed linen of knitted or crocheted textiles into Kuwait reduced remarkably to X tons in 2022, waning by -26.2% compared with the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 105% against the previous year. Over the period under review, imports of hit record highs at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of bed linen of knitted or crocheted textiles dropped rapidly to $X in 2022. Overall, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 82% against the previous year. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Canada (X tons), Pakistan (X tons) and China (X tons) were the main suppliers of imports of bed linen of knitted or crocheted textiles to Kuwait, with a combined 87% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +16.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X), China ($X) and Pakistan ($X) constituted the largest bed linen of knitted or crocheted textiles suppliers to Kuwait, together accounting for 83% of total imports.

Among the main suppliers, China, with a CAGR of +21.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for bed linen of knitted or crocheted textiles amounted to $X per ton, increasing by 5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2015 an increase of 27%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :