Report Update Nov 1, 2024

Kuwait - Erasers of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kuwait: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in Kuwait

For the third consecutive year, the Kuwaiti vulcanised rubber erases market recorded decline in sales value, which decreased by -36.2% to $X in 2021. In general, consumption showed a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Vulcanised Rubber Erases Exports

Exports from Kuwait

In 2021, overseas shipments of erasers of vulcanised rubber increased by 115% to X kg, rising for the second consecutive year after two years of decline. Over the period under review, exports saw resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 726% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, vulcanised rubber erases exports skyrocketed to $X in 2021. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 984%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for vulcanised rubber erases exports from Kuwait, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates amounted to +18.5%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for erasers of vulcanised rubber exports from Kuwait.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +27.7%.

Export Prices by Country

In 2021, the average vulcanised rubber erases export price amounted to $X per ton, shrinking by -34% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 211% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +7.8% per year.

Vulcanised Rubber Erases Imports

Imports into Kuwait

For the third consecutive year, Kuwait recorded decline in purchases abroad of erasers of vulcanised rubber, which decreased by -38.7% to X tons in 2021. Over the period under review, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 when imports increased by 99%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, vulcanised rubber erases imports contracted significantly to $X in 2021. Overall, imports recorded a deep downturn. The growth pace was the most rapid in 2018 when imports increased by 141%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Pakistan (X tons) were the main suppliers of vulcanised rubber erases imports to Kuwait, with a combined 57% 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 Pakistan (with a CAGR of +48.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vulcanised rubber erases suppliers to Kuwait were France ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 39% share of total imports. The United Arab Emirates, Pakistan, Spain, Germany and Syrian Arab Republic lagged somewhat behind, together accounting for a further 24%.

The United Arab Emirates, with a CAGR of +25.5%, recorded the highest rates of growth with regard to 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

In 2021, the average vulcanised rubber erases import price amounted to $X per ton, increasing by 9.9% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vulcanised rubber erases import price increased by +65.9% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of 31%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

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 Spain ($X per ton), while the price for Pakistan ($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 Arab Emirates (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for erasers of vulcanised rubber in the world?

The country with the largest volume of vulcanised rubber erases consumption was China, comprising approx. 56% of total volume. Moreover, vulcanised rubber erases consumption in China exceeded the figures recorded by the second-largest consumer, the United States, more than tenfold. The third position in this ranking was occupied by Russia, with a 3.5% share.

What are the largest producers of erasers of vulcanised rubber in the world?

China constituted the country with the largest volume of vulcanised rubber erases production, accounting for 95% of total volume. It was followed by Taiwan Chinese), with a 2.4% share of total production.

What are the leading suppliers of erasers of vulcanised rubber to Kuwait?

In value terms, the largest vulcanised rubber erases suppliers to Kuwait were China, the United Arab Emirates and Japan, with a combined 61% share of total imports. Malaysia, Taiwan Chinese), France and India lagged somewhat behind, together accounting for a further 24%.

What is the average export price for erasers of vulcanised rubber in Kuwait?

The average vulcanised rubber erases export price stood at $9,625 per ton in 2021, shrinking by -86.8% against the previous year.

What is the average import price for erasers of vulcanised rubber in Kuwait?

The average vulcanised rubber erases import price stood at $5,020 per ton in 2021, dropping by -5.3% against the previous year.

This report provides an in-depth analysis of the vulcanised rubber erases 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 22197321 - Erasers, of vulcanised rubber

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