Kuwait - Iron or Steel Screw Hooks and Screw Rings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKuwait: Metal Screw Hook Market 2024
Metal Screw Hook Market Size in Kuwait
In 2023, the Kuwaiti metal screw hook market increased by less than X% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, the total consumption indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. Metal screw hook consumption peaked at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.
Metal Screw Hook Production in Kuwait
In value terms, metal screw hook production stood at $X in 2023 estimated in export price. Over the period under review, production enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.
Metal Screw Hook Exports
Exports from Kuwait
In 2023, overseas shipments of iron or steel screw hooks and screw rings were finally on the rise to reach X tons for the first time since 2018, thus ending a four-year declining trend. Overall, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2023, the growth of the exports remained at a lower figure.
In value terms, metal screw hook exports surged to $X in 2023. In general, exports, however, saw a abrupt decline. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Germany (X tons) was the main destination for metal screw hook exports from Kuwait, with a approx. X% share of total exports.
From 2012 to 2023, the average annual growth rate of volume to Germany totaled X%.
In value terms, Germany ($X) emerged as the key foreign market for iron or steel screw hooks and screw rings exports from Kuwait.
From 2012 to 2023, the average annual rate of growth in terms of value to Germany stood at X%.
Export Prices by Country
In 2023, the average metal screw hook export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2022, and then shrank significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2023, the rate of growth in terms of prices for Saudi Arabia amounted to X% per year.
Metal Screw Hook Imports
Imports into Kuwait
In 2023, approx. X tons of iron or steel screw hooks and screw rings were imported into Kuwait; waning by X% against 2022 figures. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2022, and then contracted remarkably in the following year.
In value terms, metal screw hook imports shrank markedly to $X in 2023. Overall, imports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2022, and then plummeted in the following year.
Imports by Country
Germany (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of metal screw hook imports to Kuwait, with a combined X% share of total imports. The United States, Belgium, India, Italy, Japan and Slovakia lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest metal screw hook suppliers to Kuwait were Germany ($X), the United States ($X) and the United Arab Emirates ($X), together accounting for X% of total imports. China, Belgium, India, Italy, Slovakia and Japan lagged somewhat behind, together accounting for a further X%.
Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 metal screw hook import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated measured growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, metal screw hook import price decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (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 metal screw hook 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 25941157 - Iron or steel screw hooks and screw rings
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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