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Kuwait - Seals Of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVulcanised Rubber Seal Price in Kuwait - 2021
Contents:
- Vulcanised Rubber Seal Price in Kuwait (CIF) - 2022
- Vulcanised Rubber Seal Price in Kuwait (FOB) - 2022
- Vulcanised Rubber Seal Imports in Kuwait
- Vulcanised Rubber Seal Exports in Kuwait
Vulcanised Rubber Seal Price in Kuwait (CIF) - 2022
The average vulcanised rubber seal import price stood at $17,993 per ton in 2022, waning by -3.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 43%. As a result, import price attained the peak level of $26,746 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($212,907 per ton), while the price for Turkey ($7,462 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+38.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Vulcanised Rubber Seal Price in Kuwait (FOB) - 2022
In 2022, the average vulcanised rubber seal export price amounted to $28,747 per ton, surging by 60% against the previous year. Overall, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 96% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 Tanzania ($45,072 per ton), while the average price for exports to India ($11,755 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+88.6%), while the prices for the other major destinations experienced more modest paces of growth.
Vulcanised Rubber Seal Imports in Kuwait
In 2022, supplies from abroad of seals of vulcanised rubber decreased by -0.7% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.3% 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 2021 with an increase of 31%. As a result, imports attained the peak of 1.1K tons, leveling off in the following year.
In value terms, vulcanised rubber seal imports reduced modestly to $20M in 2022. In general, imports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 when imports increased by 8.2% against the previous year.
Import of Vulcanised Rubber Seal in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.0 | 2.5 | 1.9 | 3.5 | 20.5% |
China | 1.2 | 1.6 | 3.1 | 3.1 | 37.2% |
Germany | 1.7 | 1.9 | 1.5 | 2.1 | 7.3% |
India | 0.9 | 0.8 | 0.9 | 1.2 | 10.1% |
Singapore | 0.2 | 0.3 | 0.4 | 0.7 | 51.8% |
Bahrain | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
Turkey | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
United Arab Emirates | 7.7 | 6.1 | 6.0 | N/A | -11.7% |
Others | 8.5 | 6.1 | 7.0 | 9.1 | 2.3% |
Total | 22.4 | 19.5 | 21.1 | 20.3 | -3.2% |
Top Suppliers of Vulcanised Rubber Seal to Kuwait in 2022:
- China (395.2 tons)
- Germany (179.6 tons)
- India (128.0 tons)
- Singapore (47.8 tons)
- United States (47.5 tons)
- Turkey (36.7 tons)
- Bahrain (27.6 tons)
Vulcanised Rubber Seal Exports in Kuwait
In 2022, overseas shipments of seals of vulcanised rubber decreased by -37.9% to 3.8 tons, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 75% against the previous year. As a result, the exports reached the peak of 8.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, vulcanised rubber seal exports contracted modestly to $109K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 1.9%.
Export of Vulcanised Rubber Seal in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bahrain | 0.6 | 0.7 | 0.7 | 29.5 | 266.3% |
India | 25.1 | 0.7 | 30.6 | 28.7 | 4.6% |
France | N/A | N/A | N/A | 12.3 | 0% |
Bulgaria | N/A | N/A | 1.4 | 7.8 | 457.1% |
Tanzania | N/A | N/A | N/A | 2.9 | 0% |
Oman | 29.3 | 41.5 | 22.8 | N/A | -11.8% |
United Arab Emirates | 9.6 | 6.8 | 22.2 | N/A | 52.1% |
Qatar | N/A | 51.8 | N/A | N/A | 0% |
Canada | 21.4 | 1.2 | 1.3 | N/A | -75.4% |
Others | 20.1 | 5.3 | 31.0 | 27.6 | 11.1% |
Total | 106 | 108 | 110 | 109 | 0.9% |
Top Export Markets for Vulcanised Rubber Seal from Kuwait in 2022:
- India (2444.0 kg)
- Bahrain (695.0 kg)
- France (284.0 kg)
- Bulgaria (183.0 kg)
- Tanzania (65.0 kg)
- Canada (1.0 kg)
This report provides an in-depth analysis of the vulcanised rubber seal 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 22197323 - Seals, of vulcanised rubber
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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