Kuwait: Self-Adhesive Paper Market 2024

Self-Adhesive Paper Market Size in Kuwait

The Kuwaiti self-adhesive paper market soared to $X in 2021, jumping by 63% 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). Over the period under review, consumption recorded strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Self-Adhesive Paper Exports

Exports from Kuwait

In 2021, shipments abroad of self-adhesive paper and paperboard decreased by -73% to X tons, falling for the fourth consecutive year after three years of growth. In general, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 279% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, self-adhesive paper exports declined remarkably to $X in 2021. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 360%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for self-adhesive paper exports from Kuwait, with a 93% share of total exports. Moreover, self-adhesive paper exports to Saudi Arabia exceeded the volume sent to the second major destination, Oman (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia totaled -60.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-62.9% per year) and the United Arab Emirates (-47.3% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for self-adhesive paper and paperboard exports from Kuwait, comprising 93% of total exports. The second position in the ranking was taken by Oman ($X), with a 4.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia amounted to -47.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-72.8% per year) and the United Arab Emirates (-41.6% per year).

Export Prices by Country

The average self-adhesive paper export price stood at $X per ton in 2021, surging by 42% against the previous year. In general, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 an increase of 43% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Oman ($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 (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Paper Imports

Imports into Kuwait

In 2021, the amount of self-adhesive paper and paperboard imported into Kuwait surged to X tons, with an increase of 80% compared with 2020 figures. Over the period under review, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, self-adhesive paper imports soared to $X in 2021. In general, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X tons), Thailand (X tons) and China (X tons) were the main suppliers of self-adhesive paper imports to Kuwait, with a combined 40% share of total imports. These countries were followed by Luxembourg, the Netherlands, Indonesia, Poland and Italy, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +218.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Thailand ($X) and China ($X) appeared to be the largest self-adhesive paper suppliers to Kuwait, together accounting for 43% of total imports. Luxembourg, the Netherlands, Indonesia, Poland and Italy lagged somewhat behind, together comprising a further 19%.

In terms of the main suppliers, Luxembourg, with a CAGR of +206.1%, saw 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.

Import Prices by Country

In 2021, the average self-adhesive paper import price amounted to $X per ton, reducing by -11.2% against the previous year. In general, the import price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 7.3% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+25.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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