Kuwait: Market for Metal Windows And Doors 2024

Market Size for Metal Windows And Doors in Kuwait

In 2021, the Kuwaiti metal window and door market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption saw a mild expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Exports of Metal Windows And Doors

Exports from Kuwait

After two years of decline, shipments abroad of metal windows and doors increased by 51% to X tons in 2021. In general, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 235%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal window and door exports expanded rapidly to $X in 2021. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 235%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for metal window and door exports from Kuwait, with a 76% share of total exports. Moreover, metal window and door exports to Saudi Arabia exceeded the volume sent to the second major destination, Iraq (X tons), eightfold. Qatar (X tons) ranked third in terms of total exports with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia amounted to +30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (-0.6% per year) and Qatar (+9.4% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for metal windows and doors exports from Kuwait, comprising 81% of total exports. The second position in the ranking was taken by Iraq ($X), with a 13% share of total exports. It was followed by Qatar, with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia stood at +33.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+19.9% per year) and Qatar (+13.8% per year).

Export Prices by Country

In 2021, the average metal window and door export price amounted to $X per ton, which is down by -25.8% against the previous year. In general, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 56%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then contracted notably in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Lebanon ($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 Iraq (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Windows And Doors

Imports into Kuwait

In 2021, overseas purchases of metal windows and doors increased by 187% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, showed a mild setback. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, metal window and door imports surged to $X in 2021. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2016 when imports increased by 150% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Oman (X tons) and the United Arab Emirates (X tons) were the main suppliers of metal window and door imports to Kuwait, with a combined 72% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Oman (with a CAGR of +29.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal window and door suppliers to Kuwait were China ($X), the United Arab Emirates ($X) and Oman ($X), with a combined 46% share of total imports. Egypt, Germany, the United States, Saudi Arabia and Turkey lagged somewhat behind, together comprising a further 24%.

Turkey, with a CAGR of +36.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal window and door import price stood at $X per ton in 2021, declining by -30.6% against the previous year. Overall, the import price, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 124% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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