Kuwait: Market for Paper other than Graphic, Packaging or Tissue 2024

Market Size for Paper other than Graphic, Packaging or Tissue in Kuwait

For the third consecutive year, the Kuwaiti market for paper other than graphic, packaging or tissue recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption, however, continues to indicate a buoyant increase. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Paper other than Graphic, Packaging or Tissue in Kuwait

In value terms, production of paper other than graphic, packaging or tissue amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Paper other than Graphic, Packaging or Tissue

Exports from Kuwait

In 2022, after two years of decline, there was significant growth in shipments abroad of paper other than graphic, packaging or tissue, when their volume increased by X% to X tons. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of paper other than graphic, packaging or tissue surged to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of paper other than graphic, packaging or tissue from Kuwait, accounting for a X% share of total exports. Moreover, exports of paper other than graphic, packaging or tissue to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. The third position in this ranking was taken by Bahrain (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Bahrain (X% per year).

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Qatar ($X) were the largest markets for paper other than graphic, packaging or tissue exported from Kuwait worldwide, together comprising X% of total exports. Bahrain, Oman and Jordan lagged somewhat behind, together accounting for a further X%.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for paper other than graphic, packaging or tissue stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price, however, continues to indicate strong growth. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper other than Graphic, Packaging or Tissue

Imports into Kuwait

For the third year in a row, Kuwait recorded decline in supplies from abroad of paper other than graphic, packaging or tissue, which decreased by X% to X tons in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of paper other than graphic, packaging or tissue fell markedly to $X in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of paper other than graphic, packaging or tissue to Kuwait, with a X% share of total imports. Moreover, imports of paper other than graphic, packaging or tissue from Saudi Arabia exceeded the figures recorded by the second-largest supplier, India (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and China (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of paper other than graphic, packaging or tissue to Kuwait, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average import price for paper other than graphic, packaging or tissue amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price saw a strong expansion. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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