Kuwait: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Kuwait

In 2021, the Kuwaiti scouring pastes and powders market decreased by -9.3% to $X, falling for the third year in a row after two years of growth. The market value increased at an average annual rate of +3.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Scouring Pastes And Powders in Kuwait

In value terms, scouring pastes and powders production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a measured increase. The growth pace was the most rapid in 2015 with an increase of 29%. Scouring pastes and powders production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Scouring Pastes And Powders

Exports from Kuwait

In 2021, overseas shipments of scouring pastes and powders increased by 76% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, faced a deep slump. The pace of growth appeared the most rapid in 2015 with an increase of 6,951%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, scouring pastes and powders exports surged to $X in 2021. Over the period under review, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2015 when exports increased by 7,348%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for scouring pastes and powders exports from Kuwait, accounting for a 80% share of total exports. Moreover, scouring pastes and powders exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. The third position in this ranking was taken by Qatar (X kg), with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia totaled +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-30.8% per year) and Qatar (-41.3% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for scouring pastes and powders exports from Kuwait, comprising 89% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 9.7% share of total exports. It was followed by Qatar, with a 1.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia totaled +14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-23.7% per year) and Qatar (-36.8% per year).

Export Prices by Country

In 2021, the average scouring pastes and powders export price amounted to $X per ton, growing by 9.3% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +11.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 81%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to the United Arab Emirates ($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 the United Arab Emirates (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Scouring Pastes And Powders

Imports into Kuwait

In 2021, overseas purchases of scouring pastes and powders decreased by -16.2% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 327% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, scouring pastes and powders imports dropped dramatically to $X in 2021. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 357%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Jordan (X tons) constituted the largest supplier of scouring pastes and powders to Kuwait, with a 43% share of total imports. Moreover, scouring pastes and powders imports from Jordan exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), fourfold. The third position in this ranking was taken by Malaysia (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Jordan stood at +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-12.9% per year) and Malaysia (+13.4% per year).

In value terms, the United States ($X), the United Arab Emirates ($X) and Jordan ($X) appeared to be the largest scouring pastes and powders suppliers to Kuwait, together accounting for 50% of total imports.

The United Arab Emirates, with a CAGR of +23.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average scouring pastes and powders import price amounted to $X per ton, reducing by -4.1% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, scouring pastes and powders import price increased by +84.1% against 2018 indices. The growth pace was the most rapid in 2020 an increase of 57% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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