Kuwait - Talcum Powder and Other Powders for Cosmetic Use - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKuwait: Talcum Powder Market 2024
Talcum Powder Market Size in Kuwait
In 2021, the Kuwaiti talcum powder market was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a abrupt decrease. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.
Talcum Powder Exports
Exports from Kuwait
In 2021, shipments abroad of talcum powder and other powders for cosmetic use increased by 220% to X tons, rising for the third year in a row after four years of decline. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2019 with an increase of 1,961%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.
In value terms, talcum powder exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2019 when exports increased by 849%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.
Exports by Country
Saudi Arabia (X tons) was the main destination for talcum powder exports from Kuwait, with a 99% share of total exports. It was followed by the United Arab Emirates (X kg), with a 0.6% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia stood at +15.4%.
In value terms, Saudi Arabia ($X) remains the key foreign market for talcum powder exports from Kuwait, comprising 97% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 2.2% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Saudi Arabia totaled +20.0%.
Export Prices by Country
In 2021, the average talcum powder export price amounted to $X per ton, reducing by -25.3% against the previous year. Over the period under review, the export price saw a deep downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 113%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Saudi Arabia stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Talcum Powder Imports
Imports into Kuwait
In 2021, purchases abroad of talcum powder and other powders for cosmetic use was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 70%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, talcum powder imports soared to $X in 2021. Overall, imports showed a moderate expansion. The growth pace was the most rapid in 2018 with an increase of 161%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, the United Arab Emirates (X tons) constituted the largest talcum powder supplier to Kuwait, with a 42% share of total imports. Moreover, talcum powder imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. The third position in this ranking was taken by India (X tons), with an 11% share.
From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates stood at -15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+1.6% per year) and India (+11.6% per year).
In value terms, the United Arab Emirates ($X) constituted the largest supplier of talcum powder to Kuwait, comprising 75% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 2.2% share of total imports. It was followed by Germany, with a 2.2% share.
From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+1.5% per year) and Germany (-6.3% per year).
Import Prices by Country
In 2021, the average talcum powder import price amounted to $X per ton, with a decrease of -10.9% against the previous year. In general, the import price, however, showed strong growth. The most prominent rate of growth was recorded in 2018 an increase of 54%. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+44.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the talcum powder 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 20421400 - Powders, whether or not compressed, for cosmetic use (including talcum powder)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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