Kuwait - Glues Based On Starches, Dextrins Or Other Modified Starches - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Kuwait - Glues Based On Starches, Dextrins Or Other Modified Starches - Market Analysis, Forecast, Size, Trends And Insights

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Starch Glue Price in Kuwait - 2021

Contents:

  1. Starch Glue Price in Kuwait (CIF) - 2021
  2. Starch Glue Price in Kuwait (FOB) - 2022
  3. Starch Glue Imports in Kuwait
  4. Starch Glue Exports in Kuwait

Starch Glue Price in Kuwait (CIF) - 2021

The average starch glue import price stood at $421 per ton in December 2021, growing by 40% against the previous month. Over the period under review, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in April 2021 when the average import price increased by 89% against the previous month. Over the period under review, average import prices hit record highs at $723 per ton in August 2021; however, from September 2021 to December 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.

From January 2021 to December 2021, the rate of growth in terms of prices for Turkey amounted to +86.8% per month.

Starch Glue Price in Kuwait (FOB) - 2022

The average starch glue export price stood at $2,306 per ton in 2022, shrinking by -26.7% against the previous year. Over the period under review, the export price continues to indicate a mild contraction. The growth pace was the most rapid in 2021 when the average export price increased by 69%. As a result, the export price attained the peak level of $3,147 per ton, and then fell notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($4,237 per ton), while the average price for exports to Saudi Arabia ($176 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 the United Arab Emirates (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Starch Glue Imports in Kuwait

In 2022, overseas purchases of glues based on starches, dextrins or other modified starches were finally on the rise to reach 10K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, starch glue imports surged to $1.3M in 2022. In general, imports, however, continue to indicate a dramatic contraction.

Import of Starch Glue in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia2,1881,3998811,196-18.2%
India19513833.952.1-35.6%
Others18412839.561.2-30.7%
Total2,5671,6659551,310-20.1%

Top Suppliers of Starch Glue to Kuwait in 2022:

  1. Saudi Arabia (9.8K tons)
  2. India (0.2K tons)

Starch Glue Exports in Kuwait

In 2022, approx. 6.5 tons of glues based on starches, dextrins or other modified starches were exported from Kuwait; rising by 45% against 2021. In general, exports, however, saw a abrupt decline.

In value terms, starch glue exports stood at $15K in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $16K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Starch Glue in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain8.412.411.812.413.9%
Iraq0.71.01.01.012.6%
Qatar1.11.20.60.8-10.1%
Oman1.11.10.60.7-14.0%
United Arab Emirates0.30.30.20.2-12.6%
OthersN/AN/AN/AN/A0%
Total11.516.014.215.19.5%

Top Export Markets for Starch Glue from Kuwait in 2022:

  1. Bahrain (2.9 tons)
  2. Iraq (2.6 tons)
  3. Qatar (0.6 tons)
  4. Oman (0.3 tons)
  5. United Arab Emirates (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the starch glue 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 20521060 - Glues based on starches, dextrins or other modified starches

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Glues Based On Starches, Dextrins Or Other Modified Starches - Kuwait