Kuwait: Pantyhose Market 2024

Pantyhose Market Size in Kuwait

The Kuwaiti pantyhose market totaled $X in 2022, surging by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the near future.

Pantyhose Production in Kuwait

In value terms, pantyhose production dropped modestly to $X in 2022 estimated in export price. Overall, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Pantyhose Exports

Exports from Kuwait

In 2022, overseas shipments of pantyhose and tights increased by X% to X pairs, rising for the third year in a row after three years of decline. Over the period under review, exports showed a remarkable increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X pairs in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, pantyhose exports contracted to $X in 2022. In general, exports posted a slight expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X pairs) was the main destination for pantyhose exports from Kuwait, accounting for a X% share of total exports. Moreover, pantyhose exports to the United Arab Emirates exceeded the volume sent to the second major destination, Turkey (X pairs), sixfold. The third position in this ranking was taken by Austria (X pairs), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Austria (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for pantyhose and tights exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with an X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average pantyhose export price amounted to $X per pair, declining by X% against the previous year. In general, the export price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per pair in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per pair), while the average price for exports to Thailand ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pantyhose Imports

Imports into Kuwait

For the third year in a row, Kuwait recorded growth in purchases abroad of pantyhose and tights, which increased by X% to X pairs in 2022. In general, imports, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X pairs in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, pantyhose imports rose sharply to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey (X pairs), China (X pairs) and the United Arab Emirates (X pairs) were the main suppliers of pantyhose imports to Kuwait, together accounting for X% of total imports. India, Italy, Syrian Arab Republic, Madagascar and Myanmar lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and China ($X) constituted the largest pantyhose suppliers to Kuwait, with a combined X% share of total imports. India, Madagascar, Italy, Syrian Arab Republic and Myanmar lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Myanmar, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pantyhose import price amounted to $X per pair, falling by X% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pantyhose import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per pair in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Madagascar ($X per pair), while the price for China ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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