Report Update Nov 1, 2024

Kuwait - Feldspar - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Feldspar Market 2024

Feldspar Market Size in Kuwait

The Kuwaiti feldspar market soared to $X in 2021, growing by 47% 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). Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.7% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Feldspar Exports

Exports from Kuwait

In 2019, shipments abroad of feldspar decreased by 0% to X tons, falling for the second year in a row after two years of decline. Over the period under review, exports recorded a dramatic decrease. The smallest decline of 99.9% was in 2018. The exports peaked at X tons in 2015; however, from 2016 to 2019, the exports remained at a lower figure.

In value terms, feldspar exports amounted to $X in 2019. Overall, exports saw a abrupt decline. The smallest decline of 99.9% was in 2018. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2019, the exports failed to regain momentum.

Exports by Country

Bahrain (X tons) was the main destination for feldspar exports from Kuwait, with a 91% share of total exports. Moreover, feldspar exports to Bahrain exceeded the volume sent to the second major destination, Qatar (X tons), tenfold.

From 2015 to 2019, the average annual rate of growth in terms of volume to Bahrain was relatively modest.

In value terms, Bahrain ($X) and Qatar ($X) were the largest markets for feldspar exported from Kuwait worldwide.

In terms of the main countries of destination, Bahrain, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2019, the average feldspar export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price enjoyed a significant increase. The growth pace was the most rapid in 2018 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2019 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Bahrain amounted to $X per ton.

From 2015 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+59.4%).

Feldspar Imports

Imports into Kuwait

Feldspar imports into Kuwait skyrocketed to X tons in 2021, increasing by 40% against the previous year's figure. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 59% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, feldspar imports soared to $X in 2021. Overall, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.9% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 53%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), India (X tons) and Iran (X tons) were the main suppliers of feldspar imports to Kuwait, with a combined 98% 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 Turkey (with a CAGR of +12.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), India ($X) and Iran ($X) constituted the largest feldspar suppliers to Kuwait, together accounting for 96% of total imports.

Iran, with a CAGR of +14.2%, 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

In 2021, the average feldspar import price amounted to $X per ton, increasing by 5.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+6.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for feldspar in the world?

The countries with the highest volumes of feldspar consumption in 2020 were Italy, Turkey and India, with a combined 44% share of global consumption.

What are the largest producers of feldspar in the world?

The country with the largest volume of feldspar production was Turkey, accounting for 31% of total volume. Moreover, feldspar production in Turkey exceeded the figures recorded by the second-largest producer, India, twofold. Italy ranked third in terms of total production with a 13% share.

What are the leading suppliers of feldspar to Kuwait?

In value terms, the largest feldspar suppliers to Kuwait were Turkey, India and Iran, together comprising 99% of total imports.

What are the leading importers of feldspar from Kuwait?

In value terms, the largest markets for feldspar exported from Kuwait were Bahrain and Qatar.

What is the average export price for feldspar in Kuwait?

In 2019, the average feldspar export price amounted to $435 per ton, standing approx. at the previous year.

What is the average import price for feldspar in Kuwait?

The average feldspar import price stood at $124 per ton in 2020, increasing by 50% against the previous year.

This report provides an in-depth analysis of the feldspar 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:

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