Kuwait: Market for Non-Soap Washing and Cleaning Preparations 2024

Market Size for Non-Soap Washing and Cleaning Preparations in Kuwait

The Kuwaiti market for non-soap washing and cleaning preparations stood at $X in 2022, almost unchanged from 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, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.8% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Non-Soap Washing and Cleaning Preparations

Exports from Kuwait

In 2022, shipments abroad of non-soap washing and cleaning preparations decreased by -26.6% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2015 when exports increased by 156%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-soap washing and cleaning preparations exports dropped markedly to $X in 2022. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 153% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for non-soap washing and cleaning preparations exports from Kuwait, with a 61% share of total exports. Moreover, non-soap washing and cleaning preparations exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X tons), twofold. Bahrain (X tons) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+78.3% per year) and Bahrain (+20.9% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for non-soap washing and cleaning preparations exports from Kuwait, comprising 64% of total exports. The second position in the ranking was held by Qatar ($X), with a 20% share of total exports. It was followed by Bahrain, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia amounted to +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+66.7% per year) and Bahrain (+24.6% per year).

Export Prices by Country

The average export price for non-soap washing and cleaning preparations stood at $X per ton in 2022, declining by -5% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2014 an increase of 52%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Soap Washing and Cleaning Preparations

Imports into Kuwait

In 2022, supplies from abroad of non-soap washing and cleaning preparations decreased by -1.5% to X tons for the first time since 2013, thus ending a eight-year rising trend. Overall, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of 20% against the previous year. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, non-soap washing and cleaning preparations imports reached $X in 2022. In general, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.3% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 18% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest non-soap washing and cleaning preparations supplier to Kuwait, with a 35% share of total imports. Moreover, non-soap washing and cleaning preparations imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Egypt (X tons), threefold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+52.7% per year) and China (+26.2% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of non-soap washing and cleaning preparations to Kuwait, comprising 29% of total imports. The second position in the ranking was held by Egypt ($X), with a 12% share of total imports. It was followed by China, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia stood at -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+48.4% per year) and China (+22.8% per year).

Import Prices by Country

The average import price for non-soap washing and cleaning preparations stood at $X per ton in 2022, surging by 1.8% against the previous year. Overall, the import price, however, recorded a slight setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 14%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 the United Arab Emirates ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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