Report Update Nov 1, 2024

Kuwait - Polyacetals in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Polyacetals Market 2024

Polyacetals Market Size in Kuwait

The Kuwaiti polyacetals market declined to $X in 2021, shrinking by -5.4% against the previous year. In general, consumption, however, posted a buoyant increase. Over the period under review, the market attained the peak level at $X in 2020, and then contracted in the following year.

Polyacetals Production in Kuwait

In value terms, polyacetals production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 139%. Over the period under review, production reached the peak level at $X in 2020, and then shrank in the following year.

Polyacetals Exports

Exports from Kuwait

After two years of growth, overseas shipments of polyacetals in primary forms decreased by -86.1% to X tons in 2021. Overall, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2019 with an increase of 264% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced remarkably in the following year.

In value terms, polyacetals exports declined dramatically to $X in 2021. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 379% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then shrank significantly in the following year.

Exports by Country

Bahrain (X tons), Jordan (X tons) and Saudi Arabia (X kg) were the main destinations of polyacetals exports from Kuwait.

From 2012 to 2021, the biggest increases were recorded for Bahrain (with a CAGR of +12.0%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for polyacetals exported from Kuwait were Bahrain ($X), Jordan ($X) and Saudi Arabia ($X), with a combined 99.9% share of total exports.

Among the main countries of destination, Bahrain, with a CAGR of +15.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average polyacetals export price stood at $X per ton in 2021, jumping by 43% against the previous year. In general, the export price enjoyed measured growth. The growth pace was the most rapid in 2018 when the average export price increased by 71% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.

Polyacetals Imports

Imports into Kuwait

In 2021, purchases abroad of polyacetals in primary forms decreased by -80.2% to X tons, falling for the second consecutive year after two years of growth. Overall, imports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by 163%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, polyacetals imports fell sharply to $X in 2021. Over the period under review, imports faced a precipitous slump. The growth pace was the most rapid in 2015 when imports increased by 177% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) was the main supplier of polyacetals to Kuwait, with a 98% share of total imports. It was followed by the Netherlands (X kg), with a 0.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia stood at -31.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-55.8% per year) and the UK (-53.3% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of polyacetals in primary forms to Kuwait, comprising 51% of total imports. The second position in the ranking was taken by the UK ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia totaled -39.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-31.3% per year) and the Netherlands (-49.3% per year).

Import Prices by Country

In 2021, the average polyacetals import price amounted to $X per ton, shrinking by -8.4% against the previous year. Over the period under review, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 51%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+46.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polyacetals in primary forms in the world?

The countries with the highest volumes of polyacetals consumption in 2020 were China, the United States and Germany, with a combined 46% share of global consumption. These countries were followed by Japan, Taiwan Chinese), Brazil, Mexico, India, South Korea, the UK, the Netherlands and Italy, which together accounted for a further 28%.

What are the largest producers of polyacetals in primary forms in the world?

The countries with the highest volumes of polyacetals production in 2020 were the United States, Germany and South Korea, together comprising 46% of global production. These countries were followed by Malaysia, Japan, the Netherlands, China, Thailand, Taiwan Chinese), Saudi Arabia, Brazil, the UK and Belgium, which together accounted for a further 44%.

What are the leading suppliers of polyacetals in primary forms to Kuwait?

In value terms, the United States constituted the largest supplier of polyacetals to Kuwait, comprising 87% of total imports. The second position in the ranking was occupied by Turkey, with a 13% share of total imports.

What are the leading importers of polyacetals in primary forms from Kuwait?

In value terms, Bahrain remains the key foreign market for polyacetals exports from Kuwait, comprising 88% of total exports. The second position in the ranking was occupied by Jordan, with a 12% share of total exports.

What is the average export price for polyacetals in primary forms in Kuwait?

In 2020, the average polyacetals export price amounted to $745 per ton, leveling off at the previous year.

What is the average import price for polyacetals in primary forms in Kuwait?

In 2020, the average polyacetals import price amounted to $55,986 per ton, with an increase of 2,252% against the previous year.

This report provides an in-depth analysis of the polyacetals 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 20164013 - Polyacetals, in primary forms

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
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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
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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