Kuwait: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Kuwait

The Kuwaiti market for glaziers putty, grafting putty, other mastics and painters' fillings rose significantly to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw buoyant growth. Consumption of peaked in 2022 and is likely to see steady growth in years to come.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Kuwait

In 2022, after four years of decline, there was significant growth in overseas shipments of glaziers putty, grafting putty, other mastics and painters' fillings, when their volume increased by X% to X tons. In general, exports, however, recorded a mild reduction. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings soared to $X in 2022. Over the period under review, exports enjoyed a resilient 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, the exports of reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for exports of glaziers putty, grafting putty, other mastics and painters' fillings from Kuwait, accounting for a X% share of total exports. Moreover, exports of glaziers putty, grafting putty, other mastics and painters' fillings to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X tons), sevenfold. The United Arab Emirates (X tons) ranked third in terms of total exports with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and the United Arab Emirates (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Qatar ($X), with an X% share of total exports. It was followed by the United Arab Emirates, with an X% share.

From 2013 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average export price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, growing by X% against the previous year. Overall, the export price showed a resilient increase. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Kuwait

In 2022, approx. X tons of glaziers putty, grafting putty, other mastics and painters' fillings were imported into Kuwait; increasing by X% compared with the previous year. In general, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings expanded sharply to $X in 2022. Over the period under review, imports showed a strong increase. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and China (X tons) were the main suppliers of imports of glaziers putty, grafting putty, other mastics and painters' fillings to Kuwait, together comprising X% of total imports. Belgium, Germany, Bahrain, Egypt, Italy, the United States and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bahrain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of glaziers putty, grafting putty, other mastics and painters' fillings to Kuwait, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Belgium, with an X% share.

From 2013 to 2022, the average annual growth rate of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belgium (X% per year).

Import Prices by Country

The average import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 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 the United States ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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