Report Update Mar 1, 2025

Kuwait - Iron or Steel Skid Chain - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Metal Skid Chain Market 2025

Metal Skid Chain Market Size in Kuwait

After two years of decline, the Kuwaiti metal skid chain market increased by 14% to $X in 2021. Overall, consumption, however, saw a slight contraction. Metal skid chain consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Metal Skid Chain Production in Kuwait

In value terms, metal skid chain production surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 22%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Metal Skid Chain Exports

Exports from Kuwait

In 2021, the amount of iron or steel skid chain exported from Kuwait plummeted to X tons, shrinking by -23.1% against the previous year. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 4,777% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal skid chain exports fell sharply to $X in 2021. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2019 when exports increased by 2,683%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for metal skid chain exports from Kuwait, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia amounted to +29.9%.

In value terms, Saudi Arabia ($X) also remains the key foreign market for iron or steel skid chain exports from Kuwait.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia stood at +43.5%.

Export Prices by Country

The average metal skid chain export price stood at $X per ton in 2021, declining by -39.9% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 128%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to +10.5% per year.

Metal Skid Chain Imports

Imports into Kuwait

In 2021, metal skid chain imports into Kuwait reduced to X tons, with a decrease of -12.2% compared with 2020 figures. In general, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 165% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, metal skid chain imports contracted to $X in 2021. Over the period under review, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by 236% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons), Japan (X tons) and Taiwan (Chinese) (X kg) were the main suppliers of metal skid chain imports to Kuwait, with a combined 90% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +62.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest metal skid chain suppliers to Kuwait were the United Arab Emirates ($X), Japan ($X) and Taiwan (Chinese) ($X), with a combined 90% share of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of +74.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average metal skid chain import price stood at $X per ton in 2021, growing by 6.9% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 27% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for the United Arab Emirates ($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 (+7.4%), 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 iron or steel skid chain in the world?

The countries with the highest volumes of metal skid chain consumption in 2021 were China, Russia and the United States, with a combined 54% share of global consumption.

What are the largest producers of iron or steel skid chain in the world?

The country with the largest volume of metal skid chain production was China, accounting for 46% of total volume. Moreover, metal skid chain production in China exceeded the figures recorded by the second-largest producer, Russia, fourfold. India ranked third in terms of total production with a 6.1% share.

What are the leading suppliers of iron or steel skid chain to Kuwait?

In value terms, Japan constituted the largest supplier of metal skid chain to Kuwait, comprising 58% of total imports. The second position in the ranking was occupied by Turkey, with an 11% share of total imports. It was followed by Canada, with a 3.2% share.

What are the leading importers of iron or steel skid chain from Kuwait?

In value terms, Saudi Arabia remains the key foreign market for metal skid chain exports from Kuwait.

What is the average export price for iron or steel skid chain in Kuwait?

The average metal skid chain export price stood at $32,249 per ton in 2021, which is down by -24.2% against the previous year.

What is the average import price for iron or steel skid chain in Kuwait?

The average metal skid chain import price stood at $6,791 per ton in 2021, surging by 1.6% against the previous year.

This report provides an in-depth analysis of the metal skid chain 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 25931730 - Iron or steel skid chain excluding chains fitted with cutting, or other articles in which chains play a subsidiary role, door guards finished with chains - surveying chains

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024