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Kuwait - Carboys, Bottles And Similar Articles Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Bottle Price in Kuwait - 2021
Contents:
- Plastic Bottle Price in Kuwait (CIF) - 2021
- Plastic Bottle Price in Kuwait (FOB) - 2021
- Plastic Bottle Imports in Kuwait
- Plastic Bottle Exports in Kuwait
Plastic Bottle Price in Kuwait (CIF) - 2021
In December 2021, the average plastic bottle import price amounted to $2,382 per ton, dropping by -13.2% against the previous month. Overall, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in September 2021 an increase of 13% against the previous month. The import price peaked at $5,029 per ton in May 2021; however, from June 2021 to December 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United Arab Emirates ($3,343 per ton), while the price for Saudi Arabia ($1,943 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.3%), while the prices for the other major suppliers experienced a decline.
Plastic Bottle Price in Kuwait (FOB) - 2021
In December 2021, the average plastic bottle export price amounted to $2,100 per ton, growing by 7.3% against the previous month. Overall, export price indicated a strong expansion from January 2021 to December 2021: its price increased at an average monthly rate of +5.4% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, plastic bottle export price decreased by -12.4% against October 2021 indices. The most prominent rate of growth was recorded in May 2021 an increase of 105% m-o-m. The export price peaked at $2,448 per ton in July 2021; however, from August 2021 to December 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was Saudi Arabia ($11,113 per ton), while the average price for exports to Jordan ($1,792 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Bottle Imports in Kuwait
In 2022, supplies from abroad of carboys, bottles and similar articles of plastics decreased by -15.9% to 4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of 4.7K tons, and then fell markedly in the following year.
In value terms, plastic bottle imports contracted to $16M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $18M, and then fell in the following year.
Import of Plastic Bottle in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.1 | 6.5 | 6.1 | 6.8 | 10.1% |
United Arab Emirates | 2.9 | 2.7 | 3.7 | 5.3 | 22.3% |
Jordan | 0.8 | 0.7 | 1.2 | 1.1 | 11.2% |
Bahrain | 0.1 | N/A | 0.1 | 0.7 | 91.3% |
India | 0.4 | 0.3 | 0.2 | 0.3 | -9.1% |
Turkey | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Egypt | 0.6 | 0.1 | 0.1 | 0.1 | -45.0% |
Saudi Arabia | 2.1 | 1.7 | 5.0 | N/A | 54.3% |
Others | 1.1 | 1.4 | 0.8 | 1.1 | 0.0% |
Total | 13.0 | 13.5 | 17.5 | 15.5 | 6.0% |
Top Suppliers of Plastic Bottle to Kuwait in 2022:
- United Arab Emirates (1790.2 tons)
- China (906.5 tons)
- Jordan (305.3 tons)
- Bahrain (236.1 tons)
- India (95.8 tons)
- Turkey (59.4 tons)
- Egypt (24.1 tons)
Plastic Bottle Exports in Kuwait
In 2022, exports of carboys, bottles and similar articles of plastics from Kuwait soared to 822 tons, growing by 22% on the year before. The total export volume increased at an average annual rate of +3.8% 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 2020 when exports increased by 32%. As a result, the exports reached the peak of 972 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, plastic bottle exports soared to $1.3M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Plastic Bottle in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 19.9 | 249 | 89.9 | 1,268 | 299.4% |
Jordan | 108 | 286 | 73.1 | N/A | -17.7% |
Qatar | 215 | 125 | 23.5 | N/A | -66.9% |
Oman | 252 | 508 | 155 | N/A | -21.6% |
Saudi Arabia | 486 | 92.8 | 397 | N/A | -9.6% |
Bahrain | 92.5 | 151 | 223 | N/A | 55.3% |
Others | 15.5 | 63.0 | 99.2 | N/A | 153.0% |
Total | 1,189 | 1,475 | 1,060 | 1,268 | 2.2% |
Top Export Markets for Plastic Bottle from Kuwait in 2022:
- United Arab Emirates (821.5 tons)
This report provides an in-depth analysis of the plastic bottle 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 22221450 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity . 2 litres
- Prodcom 22221470 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity > 2 litres
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
-
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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