Kuwait - Roundwood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKuwait: Roundwood Market 2024
Roundwood Market Size in Kuwait
The Kuwaiti roundwood market declined modestly to $X in 2022, reducing by X% against the previous year. Overall, consumption continues to indicate a significant increase. Roundwood consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.
Roundwood Production in Kuwait
In value terms, roundwood production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X,838% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.
Roundwood Exports
Exports from Kuwait
In 2022, shipments abroad of roundwood increased by X% to X cubic meters, rising for the second consecutive year after four years of decline. Overall, exports, however, showed a abrupt decline. Over the period under review, the exports attained the peak figure at X cubic meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.
In value terms, roundwood exports surged to $X in 2022. In general, exports, however, continue to indicate a deep setback. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Saudi Arabia (X cubic meters) was the main destination for roundwood exports from Kuwait, accounting for a X% share of total exports. Moreover, roundwood exports to Saudi Arabia exceeded the volume sent to the second major destination, Bahrain (X cubic meters), fourfold.
From 2013 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%.
In value terms, Saudi Arabia ($X) emerged as the key foreign market for roundwood exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with a X% share of total exports.
From 2013 to 2022, the average annual growth rate of value to Saudi Arabia amounted to X%.
Export Prices by Country
In 2022, the average roundwood export price amounted to $X per cubic meter, rising by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per cubic meter), while the average price for exports to Bahrain totaled $X per cubic meter.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced a decline.
Roundwood Imports
Imports into Kuwait
In 2022, overseas purchases of roundwood increased by X% to X cubic meters, rising for the second year in a row after three years of decline. In general, imports posted significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, roundwood imports shrank slightly to $X in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.
Imports by Country
Egypt (X cubic meters), Latvia (X cubic meters) and Indonesia (X cubic meters) were the main suppliers of roundwood imports to Kuwait, together accounting for X% of total imports.
From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, South Africa ($X) constituted the largest supplier of roundwood to Kuwait, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value from South Africa totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Egypt (X% per year).
Import Prices by Country
In 2022, the average roundwood import price amounted to less than $X per cubic meter, waning by X% against the previous year. In general, the import price recorded a precipitous setback. The growth pace was the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per cubic meter in 2012; however, from 2013 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 South Africa (less than $X per cubic meter), while the price for Latvia (less than $X per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Djibouti (X%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the roundwood 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:
- FCL 1627 - Wood fuel, coniferous (production)
- FCL 1628 - Wood fuel, non-coniferous (production)
- FCL 1866 -
- FCL 1867 -
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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