Report Update Nov 1, 2024

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

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Kuwait: Fireclay Market 2024

Fireclay Market Size in Kuwait

The Kuwaiti fireclay market surged to $X in 2021, growing by 2,587% 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). Overall, consumption, however, showed a deep downturn. Fireclay consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Fireclay Exports

Exports from Kuwait

In 2014, exports of fireclay from Kuwait contracted dramatically to X tons, declining by -98.5% compared with 2013 figures. In general, exports recorded a dramatic decline. The exports peaked at X tons in 2013, and then fell rapidly in the following year.

In value terms, fireclay exports dropped sharply to $X in 2014. Over the period under review, exports showed a sharp decrease. The exports peaked at $X in 2013, and then fell dramatically in the following year.

Exports by Country

Iraq (X tons) was the main destination for fireclay exports from Kuwait, with a approx. 100% share of total exports.

From 2013 to 2014, the average annual growth rate of volume to Iraq was relatively modest.

In value terms, Iraq ($X) emerged as the key foreign market for fireclay exports from Kuwait.

From 2013 to 2014, the average annual rate of growth in terms of value to Iraq was relatively modest.

Export Prices by Country

The average fireclay export price stood at $X per ton in 2014, falling by -19.4% against the previous year. In general, the export price saw a abrupt decline. Over the period under review, the average export prices attained the maximum at $X per ton in 2013, and then contracted notably in the following year.

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

From 2013 to 2014, the rate of growth in terms of prices for Iraq amounted to 0.0% per year.

Fireclay Imports

Imports into Kuwait

In 2021, purchases abroad of fireclay increased by 2,026% to X tons, rising for the third year in a row after six years of decline. Over the period under review, imports, however, faced a drastic downturn. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, fireclay imports soared to $X in 2021. In general, imports, however, recorded a perceptible decline. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Saudi Arabia (X tons) and the United States (X tons) were the main suppliers of fireclay imports to Kuwait, with a combined 92% 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 China (with a CAGR of +142.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Saudi Arabia ($X) and China ($X) appeared to be the largest fireclay suppliers to Kuwait, with a combined 96% share of total imports.

China, with a CAGR of +59.9%, saw 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 fireclay import price amounted to $X per ton, increasing by 38% against the previous year. Over the period under review, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 53%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for China ($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 (+7.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fireclay in the world?

The countries with the highest volumes of in 2021 were China, Ukraine and the United States, together accounting for 38% of global consumption. India, Russia, Brazil, Japan, Pakistan, Italy, Democratic Republic of the Congo, Spain, Nigeria and France lagged somewhat behind, together comprising a further 34%.

What are the largest producers of fireclay in the world?

The countries with the highest volumes of in 2021 were China, Ukraine and the United States, with a combined 43% share of global production. These countries were followed by India, Brazil, Russia, Japan, Pakistan, Democratic Republic of the Congo, Spain, Nigeria, France and Canada, which together accounted for a further 32%.

What are the leading suppliers of fireclay to Kuwait?

In value terms, the United States constituted the largest supplier of fireclay to Kuwait, comprising 84% of total imports. The second position in the ranking was occupied by China, with an 8.4% share of total imports. It was followed by India, with a 4.3% share.

What is the average export price for fireclay in Kuwait?

In 2014, the average fireclay export price amounted to $355 per ton, with a decrease of -40.9% against the previous year.

What is the average import price for fireclay in Kuwait?

The average fireclay import price stood at $414 per ton in 2021, picking up by 123% against the previous year.

This report provides an in-depth analysis of the fireclay 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 08122230 - Fireclay

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