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Kuwait - Glycosides and Vegetable Alkaloids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKuwait: Market for Glycosides And Vegetable Alkaloids 2024
Market Size for Glycosides And Vegetable Alkaloids in Kuwait
In 2023, after four years of decline, there was significant growth in the Kuwaiti glycosides and vegetable alkaloids market, when its value increased by X% to $X. Overall, consumption, however, showed a deep contraction. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.
Exports of Glycosides And Vegetable Alkaloids
Exports from Kuwait
In 2023, shipments abroad of glycosides and vegetable alkaloids decreased by X% to X tons for the first time since 2014, thus ending a eight-year rising trend. Over the period under review, exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at X tons in 2022, and then contracted slightly in the following year.
In value terms, glycosides and vegetable alkaloids exports declined to $X in 2023. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2022, and then reduced slightly in the following year.
Exports by Country
Bahrain (X tons) was the main destination for glycosides and vegetable alkaloids exports from Kuwait, with a approx. X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of volume to Bahrain totaled X%.
In value terms, Bahrain ($X) also remains the key foreign market for glycosides and vegetable alkaloids exports from Kuwait.
From 2012 to 2023, the average annual rate of growth in terms of value to Bahrain amounted to X%.
Export Prices by Country
In 2023, the average glycosides and vegetable alkaloids export price amounted to $X per ton, approximately equating the previous year. Overall, the export price showed a moderate increase. The growth pace was the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2023 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2012 to 2023, the rate of growth in terms of prices for Bahrain amounted to X% per year.
Imports of Glycosides And Vegetable Alkaloids
Imports into Kuwait
In 2023, overseas purchases of glycosides and vegetable alkaloids increased by X% to X tons for the first time since 2018, thus ending a four-year declining trend. Overall, imports, however, showed a deep setback. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.
In value terms, glycosides and vegetable alkaloids imports skyrocketed to $X in 2023. Over the period under review, imports, however, showed a mild decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
Imports by Country
China (X tons), Sweden (X tons) and Ireland (X tons) were the main suppliers of glycosides and vegetable alkaloids imports to Kuwait, with a combined X% share of total imports. Italy, Saudi Arabia, India, the UK, Switzerland, the United States and Germany lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Switzerland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, India ($X), Italy ($X) and China ($X) were the largest glycosides and vegetable alkaloids suppliers to Kuwait, with a combined X% share of total imports. The UK, Switzerland, Ireland, Saudi Arabia, the United States, Sweden and Germany lagged somewhat behind, together accounting for a further X%.
Among the main suppliers, Switzerland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average glycosides and vegetable alkaloids import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price, however, recorded a remarkable increase. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2022, and then shrank rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for glycosides and vegetable alkaloids 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 21105300 - Glycosides and vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives
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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