Report Update Nov 1, 2024

Kuwait - Parquet Panels of Wood (Excluding Those for Mosaic Floors) - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Wood Parquet Panels Market 2022

Wood Parquet Panels Market Size in Kuwait

The Kuwaiti wood parquet panels market amounted to $X in 2021, growing by X% 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 recorded a deep contraction. Wood parquet panels consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Wood Parquet Panels Exports

Exports from Kuwait

In 2021, wood parquet panels exports from Kuwait surged to X square meters, rising by X% on the year before. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood parquet panels exports skyrocketed to $X in 2021. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X square meters) was the main destination for wood parquet panels exports from Kuwait, with a approx. X% share of total exports.

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

In value terms, Saudi Arabia ($X) also remains the key foreign market for wood parquet panels exports from Kuwait.

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

Wood Parquet Panels Imports

Imports into Kuwait

In 2021, the amount of parquet panels of wood (excluding those for mosaic floors) imported into Kuwait rose to X square meters, surging by X% against 2020. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of X square meters. From 2014 to 2021, the growth imports remained at a lower figure.

In value terms, wood parquet panels imports rose remarkably to $X in 2021. Overall, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X square meters), France (X square meters) and Austria (X square meters) were the main suppliers of wood parquet panels imports to Kuwait, with a combined X% share of total imports. Italy, Saudi Arabia, the United Arab Emirates, Turkey and Germany lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (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 Italy ($X) appeared to be the largest wood parquet panels suppliers to Kuwait, together accounting for X% of total imports.

Among the main suppliers, Turkey, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for parquet panels of wood (excluding those for mosaic floors) in the world?

China remains the largest wood parquet panels consuming country worldwide, comprising approx. 29% of total volume. Moreover, wood parquet panels consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. Brazil ranked third in terms of total consumption with a 4.1% share.

What are the largest producers of parquet panels of wood (excluding those for mosaic floors) in the world?

China remains the largest wood parquet panels producing country worldwide, accounting for 30% of total volume. Moreover, wood parquet panels production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Indonesia, with a 5.3% share.

What are the leading suppliers of parquet panels of wood (excluding those for mosaic floors) to Kuwait?

In value terms, China, Lithuania and Italy were the largest wood parquet panels suppliers to Kuwait, with a combined 61% share of total imports. These countries were followed by the Netherlands, Belarus, Turkey and the United Arab Emirates, which together accounted for a further 23%.

What are the leading importers of parquet panels of wood (excluding those for mosaic floors) from Kuwait?

In value terms, the United Arab Emirates $96) remains the key foreign market for wood parquet panels exports from Kuwait.

What is the average export price for parquet panels of wood (excluding those for mosaic floors) in Kuwait?

In 2020, the average wood parquet panels export price amounted to $1.9 per square meter, shrinking by -17.6% against the previous year.

What is the average import price for parquet panels of wood (excluding those for mosaic floors) in Kuwait?

In 2020, the average wood parquet panels import price amounted to $3.9 per square meter, dropping by -4.3% against the previous year.

This report provides an in-depth analysis of the wood parquet panels 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 16221060 - Parquet panels of wood (excluding those for mosaic floors)

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