Report Update Nov 1, 2024

Kuwait - Extruders for Working Rubber or Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Plastic Extruder Market 2024

Plastic Extruder Market Size in Kuwait

For the third consecutive year, the Kuwaiti plastic extruder market recorded decline in sales value, which decreased by -74.4% to $X in 2021. Over the period under review, consumption, however, enjoyed modest growth. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Plastic Extruder Exports

Exports from Kuwait

For the third year in a row, Kuwait recorded growth in shipments abroad of extruders for working rubber or plastics, which increased by 243% to X units in 2021. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic extruder exports skyrocketed to $X in 2021. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa (X units) was the main destination for plastic extruder exports from Kuwait, with a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to South Africa amounted to +242.9%.

In value terms, South Africa ($X) also remains the key foreign market for extruders for working rubber or plastics exports from Kuwait.

From 2013 to 2021, the average annual growth rate of value to South Africa totaled +199.5%.

Export Prices by Country

In 2021, the average plastic extruder export price amounted to $X per unit, waning by -12.7% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2013 to 2021, the rate of growth in terms of prices for South Africa amounted to -12.7% per year.

Plastic Extruder Imports

Imports into Kuwait

In 2021, approx. X units of extruders for working rubber or plastics were imported into Kuwait; declining by -55.6% against 2020 figures. Overall, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2018 when imports increased by 239%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, plastic extruder imports fell dramatically to $X in 2021. Over the period under review, imports, however, showed noticeable growth. The growth pace was the most rapid in 2015 when imports increased by 228%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X units), China (X units) and Italy (X units) were the main suppliers of plastic extruder imports to Kuwait, together comprising 90% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +38.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Italy ($X) appeared to be the largest plastic extruder suppliers to Kuwait, together comprising 74% of total imports.

China, with a CAGR of +39.9%, recorded the highest growth rate of the value of imports, among 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 plastic extruder import price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 134%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+29.3%), 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 extruders for working rubber or plastics in the world?

The countries with the highest volumes of plastic extruder consumption in 2020 were China, Germany and India, with a combined 32% share of global consumption. The United States, Turkey, Pakistan, South Korea, the UK, Brazil, Thailand, Indonesia, Vietnam and Russia lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of extruders for working rubber or plastics in the world?

The countries with the highest volumes of plastic extruder production in 2020 were China, Germany and India, together accounting for 49% of global production. These countries were followed by the United States, Taiwan Chinese), the UK, Pakistan, Japan, Brazil, Italy and Mexico, which together accounted for a further 34%.

What are the leading suppliers of extruders for working rubber or plastics to Kuwait?

In value terms, the largest plastic extruder suppliers to Kuwait were China, India and Taiwan Chinese), with a combined 91% share of total imports. These countries were followed by Pakistan and the UK, which together accounted for a further 1.1%.

What is the average export price for extruders for working rubber or plastics in Kuwait?

In 2020, the average plastic extruder export price amounted to $4,139 per unit, dropping by -19.9% against the previous year.

What is the average import price for extruders for working rubber or plastics in Kuwait?

The average plastic extruder import price stood at $24,100 per unit in 2020, increasing by 5.1% against the previous year.

This report provides an in-depth analysis of the plastic extruder 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 28961030 - Extruders for working rubber or plastics, or for manufacturing rubber or plastic products

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