Report Update Nov 1, 2024

Kuwait - Sheets, Panels and Tiles of Cellulose Fibrecement - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in Kuwait

The Kuwaiti cellulose fibrecement sheet market fell to $X in 2022, reducing by -5.6% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cellulose Fibrecement Sheet Production in Kuwait

In value terms, cellulose fibrecement sheet production declined to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable slump. The growth pace was the most rapid in 2019 with an increase of 51%. Cellulose fibrecement sheet production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Cellulose Fibrecement Sheet Exports

Exports from Kuwait

In 2022, shipments abroad of sheets, panels and tiles of cellulose fibrecement increased by 21% to X kg for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, faced a significant decrease. The most prominent rate of growth was recorded in 2018 with an increase of 74%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, cellulose fibrecement sheet exports dropped to $X in 2022. In general, exports, however, continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2018 when exports increased by 218%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at -33.7%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for sheets, panels and tiles of cellulose fibrecement exports from Kuwait.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled -34.2%.

Export Prices by Country

In 2022, the average cellulose fibrecement sheet export price amounted to $X per ton, declining by -28.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 83% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +315.4% per year.

Cellulose Fibrecement Sheet Imports

Imports into Kuwait

In 2022, after two years of growth, there was decline in purchases abroad of sheets, panels and tiles of cellulose fibrecement, when their volume decreased by -0.1% to X tons. Over the period under review, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 196% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, cellulose fibrecement sheet imports reduced rapidly to $X in 2022. Overall, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by 103%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), Saudi Arabia (X tons) and China (X tons) were the main suppliers of cellulose fibrecement sheet imports to Kuwait, together accounting for 82% of total imports. Thailand, Germany and Turkey lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +128.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Germany ($X) and Saudi Arabia ($X) appeared to be the largest cellulose fibrecement sheet suppliers to Kuwait, together accounting for 72% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +90.0%, saw the highest growth rate of 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 2022, the average cellulose fibrecement sheet import price amounted to $X per ton, with a decrease of -19.2% against the previous year. In general, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sheets, panels and tiles of cellulose fibrecement in the world?

China constituted the country with the largest volume of cellulose fibrecement sheet consumption, comprising approx. 15% of total volume. Moreover, cellulose fibrecement sheet consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.3% share.

What are the largest producers of sheets, panels and tiles of cellulose fibrecement in the world?

The country with the largest volume of cellulose fibrecement sheet production was China, accounting for 17% of total volume. Moreover, cellulose fibrecement sheet production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.7% share.

What are the leading suppliers of sheets, panels and tiles of cellulose fibrecement to Kuwait?

In value terms, Saudi Arabia, Germany and Malaysia constituted the largest cellulose fibrecement sheet suppliers to Kuwait, together comprising 74% of total imports.

What is the average export price for sheets, panels and tiles of cellulose fibrecement in Kuwait?

In 2020, the average cellulose fibrecement sheet export price amounted to $2,061 per ton, with a decrease of -20.9% against the previous year.

What is the average import price for sheets, panels and tiles of cellulose fibrecement in Kuwait?

In 2021, the average cellulose fibrecement sheet import price amounted to $314 per ton, rising by 7.7% against the previous year.

This report provides an in-depth analysis of the cellulose fibrecement sheet 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 23651240 - Sheets, panels, tiles and similar articles, of cellulose fibrecement or similar mixtures of fibres (cellulose or other vegetable fibres, synthetic polymer, glass or metallic fibres, e tc.) and cement or other hydraulic binders, not containing

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:

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
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. 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