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Report Kuwait - Rare Earth Metals - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Kuwait - Rare Earth Metals - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Rare Earth Metal Market 2024

Rare Earth Metal Market Size in Kuwait

The Kuwaiti rare earth metal market dropped to $X in 2021, shrinking by -7.1% against the previous year. Over the period under review, consumption continues to indicate a perceptible shrinkage. Rare earth metal consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Rare Earth Metal Production in Kuwait

In value terms, rare earth metal production declined to $X in 2021 estimated in export price. In general, production showed a perceptible contraction. The growth pace was the most rapid in 2020 when the production volume increased by 21%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Rare Earth Metal Exports

Exports from Kuwait

In 2016, the amount of rare earth metals exported from Kuwait was estimated at X kg, approximately mirroring the year before. In general, exports showed a relatively flat trend pattern. The exports peaked in 2016 and are likely to see steady growth in the near future.

In value terms, rare earth metal exports stood at $X in 2016. Overall, exports saw a relatively flat trend pattern. The exports peaked in 2016 and are expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates (X kg) was the main destination for rare earth metal exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2016 to 2016, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2016 to 2016, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Rare Earth Metal Imports

Imports into Kuwait

In 2016, purchases abroad of rare earth metals decreased by 0% to X kg, falling for the second consecutive year after two years of growth. Over the period under review, imports posted strong growth. The pace of growth appeared the most rapid in 2014 with an increase of 744%. As a result, imports attained the peak of X kg. From 2015 to 2016, the growth of imports remained at a lower figure.

In value terms, rare earth metal imports totaled $X in 2016. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 169% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2016, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2016, the United States (X kg) was the main rare earth metal supplier to Kuwait, accounting for a approx. 100% share of total imports.

From 2013 to 2016, the average annual rate of growth in terms of volume from the United States was relatively modest.

In value terms, the United States ($X) constituted the largest supplier of rare earth metals to Kuwait.

From 2013 to 2016, the average annual rate of growth in terms of value from the United States was relatively modest.

Import Prices by Country

The average rare earth metal import price stood at $X per ton in 2016, remaining relatively unchanged against the previous year. Overall, the import price saw a dramatic decline. The most prominent rate of growth was recorded in 2014 when the average import price decreased by -68.2% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2016, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2013 to 2016, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of rare earth metal consumption, comprising approx. 49% of total volume. Moreover, rare earth metal consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by Malaysia, with a 12% share.
The country with the largest volume of rare earth metal production was China, comprising approx. 59% of total volume. Moreover, rare earth metal production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. Myanmar ranked third in terms of total production with a 12% share.
In value terms, the United States $248) constituted the largest supplier of rare earth metal to Kuwait.
In 2016, the average rare earth metal export price amounted to $475 per ton, almost unchanged from the previous year.
The average rare earth metal import price stood at $16,533 per ton in 2016, almost unchanged from the previous year.

This report provides an in-depth analysis of the rare earth metal 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:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 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

    12. 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

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