Kuwait - Tufted Carpets And Other Tufted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTufted Carpet Price in Kuwait - 2021
Contents:
- Tufted Carpet Price in Kuwait (CIF) - 2021
- Tufted Carpet Price in Kuwait (FOB) - 2022
- Tufted Carpet Imports in Kuwait
- Tufted Carpet Exports in Kuwait
Tufted Carpet Price in Kuwait (CIF) - 2021
In December 2021, the average tufted carpet import price amounted to $3.7 per square meter, shrinking by -3.8% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 an increase of 72% month-to-month. As a result, import price attained the peak level of $7.4 per square meter. From October 2021 to December 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Belgium ($12.3 per square meter), while the price for Jordan ($1.8 per square meter) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Tufted Carpet Price in Kuwait (FOB) - 2022
The average tufted carpet export price stood at $7.9 per square meter in 2022, declining by -1.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 19%. Over the period under review, the average export prices attained the maximum at $12 per square meter in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($17 per square meter), while the average price for exports to Oman ($1.1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.
Tufted Carpet Imports in Kuwait
In 2022, after three years of growth, there was decline in purchases abroad of tufted carpets and other tufted textile floor coverings, when their volume decreased by -3.7% to 5.5M square meters. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 31%. Over the period under review, imports hit record highs at 5.7M square meters in 2021, and then dropped in the following year.
In value terms, tufted carpet imports fell to $40M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, imports reached the peak of $44M, and then reduced in the following year.
Import of Tufted Carpet in Kuwait (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lebanon | N/A | N/A | N/A | 31.9 | 0% |
Iran | 0.3 | 1.0 | 0.5 | 0.8 | 38.7% |
Belgium | 1.1 | 1.2 | 2.6 | 0.8 | -10.1% |
United States | 2.1 | 0.4 | 0.4 | 0.7 | -30.7% |
United Arab Emirates | 3.8 | 3.5 | 5.6 | 0.5 | -49.1% |
China | 5.5 | 10.3 | 9.9 | 0.5 | -55.0% |
Turkey | 10.4 | 13.0 | 15.1 | 0.1 | -78.7% |
Others | 6.8 | 6.9 | 10.4 | 5.0 | -9.7% |
Total | 29.9 | 36.2 | 44.4 | 40.3 | 10.5% |
Top Suppliers of Tufted Carpet to Kuwait in 2022:
- Lebanon (4992.3K square meters)
- Iran (90.7K square meters)
- China (55.1K square meters)
- Belgium (48.5K square meters)
- United States (44.4K square meters)
- Turkey (24.0K square meters)
- United Arab Emirates (21.7K square meters)
Tufted Carpet Exports in Kuwait
In 2022, shipments abroad of tufted carpets and other tufted textile floor coverings increased by 16% to 133K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a precipitous setback. The exports peaked at 288K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, tufted carpet exports rose notably to $1M in 2022. Over the period under review, exports, however, showed a precipitous decline. Over the period under review, the exports attained the maximum at $2.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Tufted Carpet in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 1,749 | 788 | 588 | 653 | -28.0% |
Qatar | 71.4 | 106 | 121 | 126 | 20.8% |
Egypt | 88.7 | 75.7 | 76.3 | 83.0 | -2.2% |
Lebanon | 1.9 | 5.1 | 10.8 | 70.3 | 233.2% |
Jordan | 93.1 | 67.2 | 45.0 | 46.5 | -20.7% |
Bahrain | 130 | 32.7 | 27.2 | 23.0 | -43.9% |
Oman | 26.8 | 13.9 | 10.6 | 10.0 | -28.0% |
India | 27.0 | 8.5 | 9.2 | 9.8 | -28.7% |
Others | 21.0 | 78.9 | 28.4 | 25.3 | 6.4% |
Total | 2,209 | 1,175 | 917 | 1,046 | -22.1% |
Top Export Markets for Tufted Carpet from Kuwait in 2022:
- Saudi Arabia (79.6K square meters)
- Qatar (12.2K square meters)
- Lebanon (9.5K square meters)
- Oman (9.3K square meters)
- Egypt (7.7K square meters)
- India (5.4K square meters)
- Bahrain (3.4K square meters)
- Jordan (2.8K square meters)
This report provides an in-depth analysis of the tufted carpet 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 13931300 - Tufted carpets and other tufted textile floor coverings
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
This report provides an in-depth analysis of the tufted carpet market in Kuwait.
This report provides an in-depth analysis of the global tufted carpet market.
This report provides an in-depth analysis of the tufted carpet market in Kuwait.
This report provides an in-depth analysis of the global tufted carpet market.
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