Kuwait - Sacks And Bags Of Paper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaper Bag Price in Kuwait - 2021
Contents:
- Paper Bag Price in Kuwait (CIF) - 2022
- Paper Bag Price in Kuwait (FOB) - 2021
- Paper Bag Imports in Kuwait
- Paper Bag Exports in Kuwait
Paper Bag Price in Kuwait (CIF) - 2022
In 2022, the average paper bag import price amounted to $2,540 per ton, shrinking by -5.2% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 an increase of 30% against the previous year. As a result, import price attained the peak level of $3,718 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
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 China ($4,649 per ton), while the price for Bahrain ($1,285 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Paper Bag Price in Kuwait (FOB) - 2021
The average paper bag export price stood at $2,105 per ton in December 2021, growing by 4.2% against the previous month. Overall, export price indicated a noticeable expansion from January 2021 to December 2021: its price increased at an average monthly rate of +4.3% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, paper bag export price decreased by -6.1% against September 2021 indices. The pace of growth was the most pronounced in May 2021 an increase of 52% m-o-m. Over the period under review, the average export prices reached the maximum at $2,281 per ton in June 2021; however, from July 2021 to December 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was Saudi Arabia ($3,017 per ton), while the average price for exports to Iraq ($259 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.
Paper Bag Imports in Kuwait
After three years of growth, purchases abroad of sacks and bags of paper decreased by -10% to 20K tons in 2022. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 23K tons, and then declined in the following year.
In value terms, paper bag imports contracted to $52M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $61M, and then declined in the following year.
Import of Paper Bag in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 13.8 | 12.9 | 20.0 | 16.9 | 7.0% |
China | 12.6 | 10.5 | 15.5 | 13.0 | 1.0% |
United Arab Emirates | 8.0 | 7.8 | 11.2 | 9.4 | 5.5% |
Turkey | 1.4 | 1.0 | 1.7 | 1.5 | 2.3% |
Jordan | 0.3 | 0.1 | 1.2 | 1.2 | 58.7% |
India | 0.6 | 0.6 | 1.1 | 0.9 | 14.5% |
Bahrain | 1.2 | 0.9 | 0.5 | 0.7 | -16.4% |
Others | 8.9 | 9.2 | 9.8 | 8.5 | -1.5% |
Total | 46.9 | 43.1 | 61.0 | 52.1 | 3.6% |
Top Suppliers of Paper Bag to Kuwait in 2022:
- Saudi Arabia (10.4K tons)
- United Arab Emirates (3.9K tons)
- China (2.8K tons)
- Bahrain (0.6K tons)
- Jordan (0.5K tons)
- Turkey (0.4K tons)
- India (0.3K tons)
Paper Bag Exports in Kuwait
In 2022, exports of sacks and bags of paper from Kuwait fell to 16K tons, with a decrease of -8.5% against 2021. Overall, exports showed a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 22%.
In value terms, paper bag exports contracted to $31M in 2022. Over the period under review, exports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 when exports increased by 24% against the previous year.
Export of Paper Bag in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 15.2 | 13.2 | 18.5 | 15.6 | 0.9% |
Qatar | 5.3 | 5.3 | 4.0 | 4.1 | -8.2% |
United Arab Emirates | 4.2 | 2.2 | 2.5 | 2.5 | -15.9% |
Jordan | 2.3 | 1.3 | 2.4 | 2.2 | -1.5% |
Bahrain | 2.4 | 1.9 | 2.3 | 1.9 | -7.5% |
Iraq | 3.0 | 1.2 | 1.1 | 1.5 | -20.6% |
India | N/A | 0.5 | 1.6 | 1.4 | 67.3% |
Others | 3.2 | 2.4 | 2.1 | 2.2 | -11.7% |
Total | 35.6 | 28.0 | 34.6 | 31.3 | -4.2% |
Top Export Markets for Paper Bag from Kuwait in 2022:
- Saudi Arabia (6.4K tons)
- India (2.2K tons)
- Qatar (2.1K tons)
- United Arab Emirates (1.3K tons)
- Bahrain (0.9K tons)
- Jordan (0.9K tons)
- Iraq (0.9K tons)
This report provides an in-depth analysis of the paper bag 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 17211230 - Sacks and bags, with a base width . .40 cm, of paper, p aperboard, cellulose wadding or webs of cellulose fibres
- Prodcom 17211250 - Sacks and bags of paper, paperboard, cellulose wadding or webs of cellulose fibres (excluding those with a base width. .40 cm)
- Prodcom 17211300 - Cartons, boxes and cases, of corrugated paper or paperboard
- Prodcom 17211400 - Folding cartons, boxes and cases of non-corrugated paper or paperboard
- Prodcom 17211530 - Other packaging containers, including record sleeves, n.e.c.
- Prodcom 17211550 - Box files, letter trays, storage boxes and similar articles of paper or paperboard of a kind used in offices, shops or the like
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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