We expect continued growth through Kuwait's major ports. Although the economy faces significant challenges from the dramatic fall in the price of oil through the closing months of 2014 - Kuwait is reliant on oil revenues - we believe that growth will hold up, thanks to considerable reserves and a commitment to a five-year plan in infrastructure investment. This will maintain growth in gross tonnage volumes through the country's ports. In terms of container demand, we expect that household spending in Kuwait will continue to grow, and that the country's container-handling facilities will see steady if unspectacular growth over the next several years. That said, the opening of the new Mubarak al-Kabir facility, now expected to happen in 2016, will boost volumes in the country.
Headline Industry Data
- 2015 port of Shuaiba tonnage throughput growth forecast at 10.4% and to average 8.8% to 2019.
- 2015 port of Shuwaikh container throughput forecast to grow 3.9% and to average 3.7% to 2019.
- 2015 total trade growth forecast to grow 2.6% and to average 2.5% to 2019.
Port Of Shuwaikh Throughput
Port Of Shuaiba Throughput
Table: Major Ports Data (Kuwait 2012-2019)
Table: Trade Overview (Kuwait 2012-2019)
Table: Key Trade Indicators (Kuwait 2012-2019)
Table: Kuwait's Top Import Partners, 2006-2013 (USDmn)
Table: Kuwait's Top Export Destinations, 2006-2013 (USDmn)
Kuwait Liquid Bulk Shipping Market Overview
Kuwait Container Shipping Market Overview
Kuwait Oil Tanker Company (KOTC)
Shipping - Global Industry View
Container Shipping: Three Key Themes
Table: Major Beneficiaries
Table: Order Book For New Mega Vessel Class
Table: Vessel Capacity By Trade Route
Global Company Strategy
Mediterranean Shipping Company (MSC)
COSCO Container Lines Company (COSCON)
Table: Economic Activity (Kuwait 2010-2019)
Table: Population Headline Indicators (Kuwait 1990-2025)
Table: Key Population Ratios (Kuwait 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Kuwait 1990-2025)
Table: Population By Age Group (Kuwait 1990-2025)
Table: Population By Age Group % (Kuwait 1990-2025)