Report Update Nov 1, 2024

Kuwait - Glues Based on Starches, Dextrins or Other Modified Starches - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Starch Glue Market 2024

Starch Glue Market Size in Kuwait

The Kuwaiti starch glue market surged to $X in 2021, with an increase of 63% 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). In general, consumption showed buoyant growth. Starch glue consumption peaked in 2021 and is likely to continue growth in years to come.

Starch Glue Exports

Exports from Kuwait

In 2021, approx. X tons of glues based on starches, dextrins or other modified starches were exported from Kuwait; which is down by -45.5% against the previous year. In general, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 1,205%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, starch glue exports declined notably to $X in 2021. Over the period under review, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2017 with an increase of 898%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X tons), Iraq (X tons) and Qatar (X tons) were the main destinations of starch glue exports from Kuwait, together accounting for 94% of total exports.

From 2012 to 2021, the biggest increases were recorded for Bahrain (with a CAGR of -5.2%), while shipments for the other leaders experienced a decline.

In value terms, Bahrain ($X) remains the key foreign market for glues based on starches, dextrins or other modified starches exports from Kuwait, comprising 81% of total exports. The second position in the ranking was held by Qatar ($X), with a 7.2% share of total exports. It was followed by Iraq, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to Bahrain totaled -7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-30.6% per year) and Iraq (-13.8% per year).

Export Prices by Country

The average starch glue export price stood at $X per ton in 2021, with an increase of 18% against the previous year. Overall, the export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of 82%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Saudi Arabia ($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 Bahrain (-2.5%), while the prices for the other major destinations experienced a decline.

Starch Glue Imports

Imports into Kuwait

In 2021, imports of glues based on starches, dextrins or other modified starches into Kuwait skyrocketed to X tons, with an increase of 84% against the previous year's figure. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 97% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, starch glue imports contracted to $X in 2021. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 78%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) was the main supplier of starch glue to Kuwait, with a 97% share of total imports. It was followed by India (X tons), with a 1.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Saudi Arabia stood at +25.7%.

In value terms, Saudi Arabia ($X) constituted the largest supplier of glues based on starches, dextrins or other modified starches to Kuwait, comprising 93% of total imports. The second position in the ranking was held by India ($X), with a 3.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Saudi Arabia amounted to +2.5%.

Import Prices by Country

The average starch glue import price stood at $X per ton in 2021, dropping by -48.9% against the previous year. Overall, the import price showed a deep setback. The growth pace was the most rapid in 2015 an increase of 26% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Saudi Arabia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-18.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glues based on starches, dextrins or other modified starches in the world?

The countries with the highest volumes of starch glue consumption in 2020 were China, the U.S. and India, together accounting for 39% of global consumption. These countries were followed by Italy, Turkey, Japan, Russia, Brazil, Germany, Thailand, South Korea and Iran, which together accounted for a further 35%.

What are the largest producers of glues based on starches, dextrins or other modified starches in the world?

China constituted the country with the largest volume of starch glue production, accounting for 22% of total volume. Moreover, starch glue production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. Germany ranked third in terms of total production with a 9% share.

What are the leading suppliers of glues based on starches, dextrins or other modified starches to Kuwait?

In value terms, Saudi Arabia constituted the largest supplier of starch glue to Kuwait.

What are the leading importers of glues based on starches, dextrins or other modified starches from Kuwait?

In value terms, Qatar remains the key foreign market for starch glue exports from Kuwait.

What is the average export price for glues based on starches, dextrins or other modified starches in Kuwait?

The average starch glue export price stood at $3,172 per ton in 2020, picking up by 381% against the previous year.

What is the average import price for glues based on starches, dextrins or other modified starches in Kuwait?

In 2020, the average starch glue import price amounted to $233 per ton, which is down by -17.9% against the previous year.

This report provides an in-depth analysis of the starch glue 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 20521060 - Glues based on starches, dextrins or other modified starches

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