Report Update Nov 1, 2024

Kuwait - Synthetic Organic Coloring Matter and Pigments - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Organic Pigments Market 2024

Organic Pigments Market Size in Kuwait

For the third year in a row, the Kuwaiti organic pigments market recorded decline in sales value, which decreased by -62.6% to $X in 2021. Over the period under review, consumption showed a abrupt downturn. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Organic Pigments Exports

Exports from Kuwait

In 2021, organic pigments exports from Kuwait soared to X tons, surging by 37% compared with the previous year. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 733% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, organic pigments exports skyrocketed to $X in 2021. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 810% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for organic pigments exports from Kuwait, accounting for a approx. 87% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia totaled +41.8%.

In value terms, Saudi Arabia ($X) also remains the key foreign market for synthetic organic coloring matter and pigments exports from Kuwait.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia amounted to +39.0%.

Export Prices by Country

The average organic pigments export price stood at $X per ton in 2021, flattening at the previous year. Over the period under review, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, organic pigments export price increased by +66.8% against 2016 indices. The growth pace was the most rapid in 2018 when the average export price increased by 22%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then shrank in the following year.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to -1.9% per year.

Organic Pigments Imports

Imports into Kuwait

In 2021, supplies from abroad of synthetic organic coloring matter and pigments decreased by -24.9% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a noticeable contraction. The pace of growth was the most pronounced in 2018 with an increase of 193%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, organic pigments imports reduced notably to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 142% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) was the main organic pigments supplier to Kuwait, accounting for a 175% share of total imports. It was followed by Oman (X tons), with a 4.7% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled +2.2%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of synthetic organic coloring matter and pigments to Kuwait, comprising 208% of total imports. The second position in the ranking was held by Oman ($X), with a 2.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates amounted to +8.2%.

Import Prices by Country

In 2021, the average organic pigments import price amounted to $X per ton, which is down by -21.8% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 an increase of 29%. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Oman stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for synthetic organic coloring matter and pigments in the world?

The countries with the highest volumes of organic pigments consumption in 2021 were China, the United States and India, together accounting for 43% of global consumption. Turkey, Brazil, Indonesia, Taiwan Chinese), Bangladesh, Japan, Italy, Spain, Thailand and Russia lagged somewhat behind, together comprising a further 32%.

What are the largest producers of synthetic organic coloring matter and pigments in the world?

The countries with the highest volumes of organic pigments production in 2021 were China, India and the United States, with a combined 59% share of global production. These countries were followed by Turkey, Brazil, Indonesia, Spain, Taiwan Chinese) and Japan, which together accounted for a further 22%.

What are the leading suppliers of synthetic organic coloring matter and pigments to Kuwait?

In value terms, Saudi Arabia constituted the largest supplier of organic pigments to Kuwait, comprising 46% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 14% share of total imports. It was followed by India, with a 4.9% share.

What are the leading importers of synthetic organic coloring matter and pigments from Kuwait?

In value terms, Saudi Arabia remains the key foreign market for organic pigments exports from Kuwait, comprising 89% of total exports. The second position in the ranking was occupied by Iraq, with a 5.7% share of total exports. It was followed by Qatar, with a 2.7% share.

What is the average export price for synthetic organic coloring matter and pigments in Kuwait?

In 2021, the average organic pigments export price amounted to $3,143 per ton, approximately mirroring the previous year.

What is the average import price for synthetic organic coloring matter and pigments in Kuwait?

The average organic pigments import price stood at $4,168 per ton in 2021, waning by -8.5% against the previous year.

This report provides an in-depth analysis of the organic pigments 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 20122110 - Disperse dyes and preparations based thereon
Prodcom 20122120 - Acid and mordant dyes and preparations based thereon
Prodcom 20122130 - Basic dyes and preparations based thereon
Prodcom 20122140 - Direct dyes and preparations based thereon
Prodcom 20122150 - Other synthetic organic colouring matters
Prodcom 20122160 - Synthetic organic products used as fluorescent brightening agents
Prodcom 20122170 - Colour lakes, preparations based on colour lakes

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:

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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