Kuwait: Market for Silk Shawls And Scarves 2025

Market Size for Silk Shawls And Scarves in Kuwait

In 2022, the Kuwaiti silk shawl and scarf market decreased by -29.5% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption saw a deep reduction. Silk shawl and scarf consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Silk Shawls And Scarves

Exports from Kuwait

Silk shawl and scarf exports from Kuwait dropped to X units in 2022, with a decrease of -6.5% against the previous year's figure. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 423% against the previous year. As a result, the exports attained the peak of X units, and then declined in the following year.

In value terms, silk shawl and scarf exports surged to $X in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 262%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for silk shawl and scarf exports from Kuwait, accounting for a 77% share of total exports. Moreover, silk shawl and scarf exports to Saudi Arabia exceeded the volume sent to the second major destination, Jordan (X units), tenfold. Italy (X units) ranked third in terms of total exports with a 6.6% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at +97.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+47.8% per year) and Italy (+60.0% per year).

In value terms, the largest markets for silk shawl and scarf exported from Kuwait were Bahrain ($X), Saudi Arabia ($X) and Italy ($X), together comprising 88% of total exports.

Saudi Arabia, with a CAGR of +109.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average silk shawl and scarf export price amounted to $X per unit, growing by 167% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible descent. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while the average price for exports to Jordan ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk Shawls And Scarves

Imports into Kuwait

In 2022, the amount of silk shawls and scarves imported into Kuwait dropped significantly to X units, reducing by -26.5% on 2021 figures. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, silk shawl and scarf imports shrank to $X in 2022. Overall, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +19.9% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 97% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units), China (X units) and Italy (X units) were the main suppliers of silk shawl and scarf imports to Kuwait, together comprising 45% of total imports. The UK, India, France, Moldova, Morocco, Sri Lanka, Vietnam, Hong Kong SAR, Spain and Malaysia lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sri Lanka (with a CAGR of +49.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest silk shawl and scarf suppliers to Kuwait were France ($X), the UK ($X) and Italy ($X), with a combined 66% share of total imports. The United Arab Emirates, Spain, Hong Kong SAR, China, India, Morocco, Vietnam, Moldova, Sri Lanka and Malaysia lagged somewhat behind, together accounting for a further 26%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +33.3%, recorded 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 2022, the average silk shawl and scarf import price amounted to $X per unit, picking up by 17% against the previous year. In general, the import price showed resilient growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 45% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 France ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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