Fibreboard Market in Kuwait
The revenue of the fibreboard market in Kuwait dropped to $ in , falling by -% 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). Overall, consumption, however, enjoyed resilient growth. Over the period under review, the market reached the maximum level at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.
From 2007 to , the average annual growth rate of the volume of consumption of MDF amounted to +%. With regard to the other consumed products, the following average annual rates of growth were recorded: insulating board (-% per year) and hardboard (+% per year).
In value terms, MDF ($) led the market, alone. The second position in the ranking was taken by hardboard ($).
From 2007 to , the average annual rate of growth in terms of the market volume of MDF totaled +%. With regard to the other consumed products, the following average annual rates of growth were recorded: hardboard (-% per year) and insulating board (-% per year).