Report Update Nov 1, 2024

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

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Kuwait: Matches Market 2024

Matches Market Size in Kuwait

The Kuwaiti matches market was estimated at less than $X in 2021, approximately mirroring the previous year. Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the market value decreased by 99.9% against the previous year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Matches Production in Kuwait

In value terms, matches production fell to $X in 2021 estimated in export price. Over the period under review, production showed a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the production volume increased by 71% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Matches Exports

Exports from Kuwait

Matches exports from Kuwait amounted to X tons in 2012, remaining constant against the previous year. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2012 and are expected to retain growth in the near future.

In value terms, matches exports amounted to $X in 2012. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2012 and are expected to retain growth in the near future.

Exports by Country

Ghana (X tons) was the main destination for matches exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2012 to 2012, the average annual rate of growth in terms of volume to Ghana was relatively modest.

From 2012 to 2012, the average annual rate of growth in terms of value to Ghana was relatively modest.

Matches Imports

Imports into Kuwait

In 2021, the amount of matches imported into Kuwait skyrocketed to X tons, increasing by 197% on the previous year. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 365% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, matches imports skyrocketed to $X in 2021. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2013 with an increase of 396% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of matches to Kuwait, with a 47% share of total imports. Moreover, matches imports from Sweden exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. China (X tons) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden stood at +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+94.7% per year) and China (+16.4% per year).

In value terms, Sweden ($X) constituted the largest supplier of matches to Kuwait, comprising 43% of total imports. The second position in the ranking was taken by the UK ($X), with a 9.4% share of total imports. It was followed by China, with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden amounted to +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+62.5% per year) and China (+40.5% per year).

Import Prices by Country

In 2021, the average matches import price amounted to $X per ton, picking up by 9.1% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2016 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+20.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for matches in the world?

The countries with the highest volumes of matches consumption in 2020 were China, the United States and India, together comprising 35% of global consumption. These countries were followed by Nigeria, Russia, Brazil, Germany, Indonesia, Belarus, Japan, Ghana and Tanzania, which together accounted for a further 24%.

What are the largest producers of matches in the world?

The countries with the highest volumes of matches production in 2020 were India, China and the United States, together accounting for 51% of global production. Russia, Indonesia, Brazil, Belarus, Pakistan, Sweden, Germany and Japan lagged somewhat behind, together accounting for a further 28%.

What are the leading suppliers of matches to Kuwait?

In value terms, Sweden constituted the largest supplier of matches to Kuwait, comprising 77% of total imports. The second position in the ranking was occupied by Turkey, with a 16% share of total imports.

What are the leading importers of matches from Kuwait?

In value terms, Ghana remains the key foreign market for matches exports from Kuwait.

What is the average export price for matches in Kuwait?

The average matches export price stood at $879 per ton in 2012, with a decrease of -5.8% against the previous year.

What is the average import price for matches in Kuwait?

The average matches import price stood at $2,445 per ton in 2020, which is down by -2.2% against the previous year.

This report provides an in-depth analysis of the matches 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 20512000 - Matches (excluding Bengal matches and other pyrotechnic products)

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