Kuwait: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Kuwait

The Kuwaiti market for polyester tow and staple, not carded, combed or otherwise processed for spinning reached $X in 2022, approximately equating the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Kuwait

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X in 2022 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Exports from Kuwait

Exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Kuwait soared to X tons in 2021, with an increase of X% compared with 2020. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Egypt (X tons), Saudi Arabia (X tons) and Tunisia (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Kuwait.

From 2013 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from Kuwait were Egypt ($X), Saudi Arabia ($X) and Tunisia ($X), together accounting for X% of total exports.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2021, declining by X% against the previous year. Over the period under review, the export price showed a mild descent. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced a decline.

Imports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Imports into Kuwait

In 2022, purchases abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports of attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X in 2022. Over the period under review, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), South Korea (X tons) and China (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Kuwait, with a combined X% share of total imports. The United Arab Emirates, Vietnam, Malaysia, Saudi Arabia and Indonesia lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Kuwait were Taiwan (Chinese) ($X), South Korea ($X) and China ($X), together accounting for X% of total imports. The United Arab Emirates, Vietnam, Malaysia, Saudi Arabia and Indonesia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Vietnam, 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 2022, the average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per ton) and Vietnam ($X per ton), while the price for Taiwan (Chinese) ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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