Report Update Nov 1, 2024

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

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Kuwait: Lignite Market 2024

Lignite Market Size in Kuwait

In 2022, after nine years of decline, there was significant growth in the Kuwaiti lignite market, when its value increased by 9.8% to $X. Overall, consumption, however, saw a deep contraction. Lignite consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Lignite Exports

Exports from Kuwait

After five years of decline, shipments abroad of lignites increased by 2.2% to X tons in 2022. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 90% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, lignite exports reached $X in 2022. In general, exports showed a resilient increase. The growth pace was the most rapid in 2016 with an increase of 109%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for lignite exports from Kuwait, accounting for a 73% share of total exports. Moreover, lignite exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia totaled +25.4%.

In value terms, Saudi Arabia ($X) remains the key foreign market for lignites exports from Kuwait, comprising 64% of total exports. The second position in the ranking was taken by Qatar ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at +41.4%.

Export Prices by Country

In 2022, the average lignite export price amounted to $X per ton, surging by 2.4% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lignite export price decreased by -14.6% against 2017 indices. The most prominent rate of growth was recorded in 2016 an increase of 39% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Qatar totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+12.8%).

Lignite Imports

Imports into Kuwait

In 2022, overseas purchases of lignites were finally on the rise to reach X tons for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, imports, however, faced a deep downturn. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, lignite imports rose sharply to $X in 2022. In general, imports, however, saw a abrupt contraction. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest lignite supplier to Kuwait, accounting for a 55% share of total imports. Moreover, lignite imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by Japan (X tons), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-2.3% per year) and Japan (-12.7% per year).

In value terms, Japan ($X) constituted the largest supplier of lignites to Kuwait, comprising 57% of total imports. The second position in the ranking was held by India ($X), with a 26% share of total imports. It was followed by the United States, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan totaled -10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+7.4% per year) and the United States (-10.1% per year).

Import Prices by Country

In 2022, the average lignite import price amounted to $X per ton, increasing by 5.7% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.4%), 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 lignite in the world?

The countries with the highest volumes of in 2021 were Germany, China and Turkey, with a combined 43% share of global consumption. Mongolia, the United States, Poland, India, Serbia, the Czech Republic, Bulgaria, Greece, Romania and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further 46%.

What are the largest producers of lignite in the world?

The countries with the highest volumes of in 2021 were Germany, Indonesia and Turkey, together comprising 42% of global production. These countries were followed by Mongolia, the United States, Poland, India, Serbia, the Czech Republic, Bulgaria, Greece, Romania and Lao People's Democratic Republic, which together accounted for a further 46%.

What are the leading suppliers of lignite to Kuwait?

In value terms, Japan, India and China constituted the largest lignite suppliers to Kuwait, together comprising 91% of total imports.

What are the leading importers of lignite from Kuwait?

In value terms, Saudi Arabia remains the key foreign market for lignite exports from Kuwait, comprising 60% of total exports. The second position in the ranking was occupied by Qatar, with a 24% share of total exports.

What is the average export price for lignite in Kuwait?

In 2021, the average lignite export price amounted to $3,213 per ton, growing by 2.5% against the previous year.

What is the average import price for lignite in Kuwait?

In 2021, the average lignite import price amounted to $2,476 per ton, growing by 3.4% against the previous year.

This report provides an in-depth analysis of the lignite 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