Kuwait - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTyre Cord Fabric Price in Kuwait - 2022
Contents:
- Tyre Cord Fabric Price in Kuwait (CIF) - 2022
- Tyre Cord Fabric Price in Kuwait (FOB) - 2022
- Tyre Cord Fabric Imports in Kuwait
- Tyre Cord Fabric Exports in Kuwait
Tyre Cord Fabric Price in Kuwait (CIF) - 2022
The average tyre cord fabric import price stood at $3,981 per ton in 2022, which is down by -23.6% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average import price increased by 35%. Over the period under review, average import prices attained the maximum at $5,209 per ton in 2021, and then fell sharply in the following year.
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 Australia ($23,187 per ton), while the price for Italy ($1,238 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Tyre Cord Fabric Price in Kuwait (FOB) - 2022
The average tyre cord fabric export price stood at $6,196 per ton in 2022, dropping by -11.1% against the previous year. Over the period under review, the export price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2021 an increase of 128%. The export price peaked at $13,825 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +4.6% per year.
Tyre Cord Fabric Imports in Kuwait
In 2022, overseas purchases of tyre cord fabric of high tenacity yarn were finally on the rise to reach 2.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a significant contraction.
In value terms, tyre cord fabric imports skyrocketed to $11K in 2022. Over the period under review, imports, however, continue to indicate a sharp downturn.
Import of Tyre Cord Fabric in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 12.9 | 4.1 | 2.1 | 2.6 | -41.4% |
Poland | 8.0 | 2.8 | 1.6 | 2.1 | -36.0% |
Saudi Arabia | 4.8 | 1.7 | 0.9 | 1.2 | -37.0% |
France | 4.1 | 0.4 | 0.8 | 1.0 | -37.5% |
China | 8.3 | 0.1 | 0.2 | 0.8 | -54.2% |
Canada | 2.7 | 0.9 | 0.4 | 0.6 | -39.4% |
India | 1.6 | 0.5 | 0.2 | 0.3 | -42.8% |
Sweden | 12.0 | N/A | N/A | N/A | 0% |
Others | 17.9 | 3.9 | 2.1 | 2.7 | -46.8% |
Total | 72.2 | 14.2 | 8.3 | 11.3 | -46.1% |
Top Suppliers of Tyre Cord Fabric to Kuwait in 2022:
- Taiwan (Chinese) (762.0 kg)
- Poland (610.0 kg)
- Saudi Arabia (435.0 kg)
- China (377.0 kg)
- India (157.0 kg)
- France (130.0 kg)
- Canada (116.0 kg)
Tyre Cord Fabric Exports in Kuwait
In 2022, shipments abroad of tyre cord fabric of high tenacity yarn decreased by -31.4% to 1.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 100%. As a result, the exports reached the peak of 2.8 tons, and then declined sharply in the following year.
In value terms, tyre cord fabric exports dropped remarkably to $12K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 355% against the previous year. As a result, the exports reached the peak of $19K, and then dropped remarkably in the following year.
Export of Tyre Cord Fabric in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 3.0 | 3.1 | 19.2 | 11.7 | 57.4% |
Egypt | N/A | 0.9 | N/A | N/A | 0% |
Others | N/A | 0.3 | N/A | N/A | 0% |
Total | 3.0 | 4.2 | 19.2 | 11.7 | 57.4% |
Top Export Markets for Tyre Cord Fabric from Kuwait in 2022:
- United Arab Emirates (1.9 tons)
This report provides an in-depth analysis of the tyre cord fabric 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 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon
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 tyre cord fabric market in Kuwait.
This report provides an in-depth analysis of the global tyre cord fabric market.
Global Tyre Cord Fabric Market Report 2018. This report provides an in-depth analysis of the global tyre cord fabric market.
This report provides an in-depth analysis of the tyre cord fabric market in Kuwait.
This report provides an in-depth analysis of the global tyre cord fabric market.
Global Tyre Cord Fabric Market Report 2018. This report provides an in-depth analysis of the global tyre cord fabric market.
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...