Kuwait: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in Kuwait

After two years of decline, the Kuwaiti plastic lavatory seat market increased by 65% to $X in 2021. Overall, the total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Plastic Lavatory Seat Exports

Exports from Kuwait

In 2021, approx. X units of plastic lavatory seats and covers were exported from Kuwait; with a decrease of -67.6% compared with the previous year's figure. Overall, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2013 when exports increased by 289%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, plastic lavatory seat exports plummeted to $X in 2021. Over the period under review, exports faced a significant decrease. The growth pace was the most rapid in 2013 when exports increased by 259% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for plastic lavatory seat exports from Kuwait, with a 67% share of total exports. Moreover, plastic lavatory seat exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X units), twofold. The third position in this ranking was held by Oman (X units), with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia amounted to -12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+7.4% per year) and Oman (-38.2% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for plastic lavatory seats and covers exports from Kuwait, comprising 80% of total exports. The second position in the ranking was held by Qatar ($X), with an 8.7% share of total exports. It was followed by Oman, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia amounted to -15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+2.6% per year) and Oman (-36.2% per year).

Export Prices by Country

The average plastic lavatory seat export price stood at $X per unit in 2021, falling by -17.9% against the previous year. In general, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 an increase of 10%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Lavatory Seat Imports

Imports into Kuwait

After two years of decline, supplies from abroad of plastic lavatory seats and covers increased by 54% to X units in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, plastic lavatory seat imports skyrocketed to $X in 2021. Overall, total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of plastic lavatory seat to Kuwait, with a 59% share of total imports. Moreover, plastic lavatory seat imports from China exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), eightfold. Italy (X units) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+27.3% per year) and Italy (+5.3% per year).

In value terms, China ($X) constituted the largest supplier of plastic lavatory seats and covers to Kuwait, comprising 51% of total imports. The second position in the ranking was held by Bulgaria ($X), with an 8.3% share of total imports. It was followed by Germany, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+25.0% per year) and Germany (-4.3% per year).

Import Prices by Country

The average plastic lavatory seat import price stood at $X per unit in 2021, picking up by 7.8% against the previous year. Over the last nine years, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2017 an increase of 22% against the previous year. The import price peaked at $X per unit in 2018; afterwards, it flattened through to 2021.

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 Spain ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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