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Kuwait - Brooms And Brushes Of Twigs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTwig Broom Price in Kuwait - 2021
Contents:
- Twig Broom Price in Kuwait (CIF) - 2022
- Twig Broom Price in Kuwait (FOB) - 2022
- Twig Broom Imports in Kuwait
- Twig Broom Exports in Kuwait
Twig Broom Price in Kuwait (CIF) - 2022
In 2022, the average twig broom import price amounted to $1.8 per unit, increasing by 4.4% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, twig broom import price increased by +58.1% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 38%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($4.4 per unit), while the price for Sri Lanka ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Twig Broom Price in Kuwait (FOB) - 2022
The average twig broom export price stood at $1.7 per unit in 2022, falling by -2% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2016 when the average export price increased by 5,156% against the previous year. As a result, the export price attained the peak level of $37 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($5.1 per unit), while the average price for exports to the United Arab Emirates totaled $1.2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+23.9%), while the prices for the other major destinations experienced mixed trend patterns.
Twig Broom Imports in Kuwait
Twig broom imports into Kuwait soared to 223K units in 2022, growing by 34% compared with 2021 figures. Overall, imports, however, recorded a abrupt shrinkage. Imports peaked at 392K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, twig broom imports soared to $406K in 2022. In general, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.2% against 2020 indices. Imports peaked at $522K in 2020; however, from 2021 to 2022, imports remained at a lower figure.
Import of Twig Broom in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 177 | 230 | 130 | 234 | 9.8% |
India | 26.1 | 13.0 | 16.4 | 30.8 | 5.7% |
Japan | 10.3 | 1.3 | 19.7 | 30.1 | 43.0% |
Sri Lanka | 37.3 | 18.0 | 14.9 | 18.6 | -20.7% |
Egypt | 24.2 | 16.8 | 3.1 | 14.8 | -15.1% |
Malta | 11.0 | 29.9 | 24.1 | 10.5 | -1.5% |
Syrian Arab Republic | 4.6 | 9.1 | 4.3 | 7.4 | 17.2% |
Jordan | 40.5 | 107 | 32.9 | 5.3 | -49.2% |
Mauritius | N/A | 30.6 | N/A | N/A | 0% |
Others | 48.4 | 66.5 | 45.1 | 54.8 | 4.2% |
Total | 379 | 522 | 291 | 406 | 2.3% |
Top Suppliers of Twig Broom to Kuwait in 2022:
- China (108.2K units)
- Sri Lanka (31.4K units)
- India (22.4K units)
- Egypt (15.8K units)
- Malta (14.5K units)
- Japan (6.9K units)
- Syrian Arab Republic (5.4K units)
- Jordan (3.1K units)
Twig Broom Exports in Kuwait
In 2022, the amount of brooms and brushes of twigs exported from Kuwait dropped notably to 4.1K units, which is down by -20.6% compared with 2021 figures. In general, exports recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs at 23K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, twig broom exports reduced markedly to $7K in 2022. Over the period under review, exports recorded a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 79%. Over the period under review, the exports hit record highs at $34K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Twig Broom in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.7 | 0.6 | 4.6 | 4.1 | 80.3% |
Qatar | 0.2 | 0.2 | 3.3 | 3.0 | 146.6% |
Egypt | N/A | 4.2 | N/A | N/A | 0% |
Oman | 32.9 | N/A | 1.1 | N/A | -81.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 33.8 | 5.0 | 9.0 | 7.0 | -40.8% |
Top Export Markets for Twig Broom from Kuwait in 2022:
- United Arab Emirates (3.5K units)
- Qatar (0.6K units)
This report provides an in-depth analysis of the twig broom 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 32911110 - Brooms and brushes of twigs or other vegetable materials, b ound together
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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