Kuwait - Flat Pallets And Pallet Collars Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Flat Pallet Price in Kuwait - 2021
Contents:
- Wood Flat Pallet Price in Kuwait (CIF) - 2022
- Wood Flat Pallet Price in Kuwait (FOB) - 2022
- Wood Flat Pallet Imports in Kuwait
- Wood Flat Pallet Exports in Kuwait
Wood Flat Pallet Price in Kuwait (CIF) - 2022
In 2022, the average wood flat pallet import price amounted to $7.2 per unit, leveling off at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 103%. The import price peaked at $12 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($26 per unit), while the price for the Netherlands ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Flat Pallet Price in Kuwait (FOB) - 2022
The average wood flat pallet export price stood at $1 per unit in 2022, approximately reflecting the previous year. Overall, the export price continues to indicate a slight increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($29 per unit), while the average price for exports to Saudi Arabia amounted to $8.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.2%).
Wood Flat Pallet Imports in Kuwait
In 2022, purchases abroad of flat pallets and pallet collars of wood decreased by 0% to 221K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a pronounced increase. The pace of growth was the most pronounced in 2020 when imports increased by 130%. As a result, imports reached the peak of 442K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, wood flat pallet imports stood at $1.6M in 2022. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 55%. As a result, imports reached the peak of $3.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Wood Flat Pallet in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 8.0 | 45.0 | 92.6 | 74.8 | 110.7% |
| United Arab Emirates | 17.5 | 72.3 | 110 | 58.0 | 49.1% |
| Italy | 3.0 | 6.8 | 14.0 | 11.3 | 55.6% |
| Germany | 2.8 | 3.5 | 3.2 | 9.6 | 50.8% |
| Greece | 4.7 | 2.9 | 8.8 | 8.8 | 23.3% |
| Saudi Arabia | 3.7 | 6.4 | 4.7 | 8.6 | 32.5% |
| Poland | 3.2 | 6.3 | 6.4 | 8.5 | 38.5% |
| Belgium | 3.2 | 7.1 | 0.5 | 7.4 | 32.2% |
| Spain | 3.4 | 5.4 | 9.7 | 6.7 | 25.4% |
| Turkey | 1.2 | 2.7 | 1.4 | 5.2 | 63.0% |
| United States | 1.0 | 2.8 | 5.7 | 4.6 | 66.3% |
| France | 1.1 | 2.3 | 4.7 | 3.8 | 51.2% |
| Netherlands | 1.7 | 2.8 | 5.0 | 3.4 | 26.0% |
| Others | 2,008 | 3,024 | -266.7 | 1,384 | -11.7% |
| Total | 2,063 | 3,190 | N/A | 1,595 | -8.2% |
Top Suppliers of Wood Flat Pallet to Kuwait in 2022:
- United Kingdom (5.2K units)
- United Arab Emirates (3.2K units)
- Italy (0.8K units)
- Saudi Arabia (0.5K units)
- Germany (0.5K units)
- Belgium (0.4K units)
- Spain (0.4K units)
- Turkey (0.3K units)
- United States (0.3K units)
- Netherlands (0.3K units)
- Poland (0.3K units)
- Greece (0.3K units)
- France (0.3K units)
Wood Flat Pallet Exports in Kuwait
For the third consecutive year, Kuwait recorded decline in shipments abroad of flat pallets and pallet collars of wood, which decreased by 0% to 220K units in 2022. Overall, exports continue to indicate a significant decrease. The smallest decline of -33.3% was in 2020. Over the period under review, the exports reached the peak figure at 659K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wood flat pallet exports stood at $215K in 2022. Over the period under review, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 1.1% against the previous year. As a result, the exports reached the peak of $430K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Wood Flat Pallet in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 83.2 | 58.0 | 39.0 | 45.8 | -18.0% |
| United Arab Emirates | 10.9 | 8.9 | 1.0 | 6.7 | -15.0% |
| Others | 332 | 363 | -40.0 | 163 | -21.1% |
| Total | 426 | 430 | N/A | 215 | -20.4% |
Top Export Markets for Wood Flat Pallet from Kuwait in 2022:
- Saudi Arabia (5.5K units)
- United Arab Emirates (0.2K units)
This report provides an in-depth analysis of the wood flat pallet 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 16241133 - Flat pallets and pallet collars of wood
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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