Hand Saws Price in Kuwait - 2021

Contents:

  1. Hand Saws Price in Kuwait (CIF) - 2022
  2. Hand Saws Price in Kuwait (FOB) - 2022
  3. Hand Saws Imports in Kuwait
  4. Hand Saws Exports in Kuwait

Hand Saws Price in Kuwait (CIF) - 2022

In 2022, the average hand saws import price amounted to $11,780 per ton, picking up by 3.1% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 14% against the previous year. Over the period under review, average import prices reached the maximum at $15,648 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +13.4% per year.

Hand Saws Price in Kuwait (FOB) - 2022

In 2022, the average hand saws export price amounted to $4,040 per ton, remaining stable against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 429%. As a result, the export price reached the peak level of $63,349 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +37.8% per year.

Hand Saws Imports in Kuwait

Hand saws imports into Kuwait skyrocketed to 250 tons in 2022, picking up by 32% against the year before. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hand saws imports skyrocketed to $2.9M in 2022. Over the period under review, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hand Saws in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates6502573562,94065.4%
South Korea14898.1142N/A-2.0%
Germany182224175N/A-1.9%
China744522778N/A2.3%
India11886.899.3N/A-8.3%
Italy187213136N/A-14.7%
Others570429468N/A-9.4%
Total2,5991,8302,1562,9404.2%

Top Suppliers of Hand Saws to Kuwait in 2022:

  1. United Arab Emirates (249.6 tons)

Hand Saws Exports in Kuwait

In 2022, after three years of growth, there was significant decline in overseas shipments of hand sawses, when their volume decreased by -92.5% to 1.5 tons. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 4,416%. As a result, the exports reached the peak of 20 tons, and then reduced rapidly in the following year.

In value terms, hand saws exports declined remarkably to $5.9K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 3,701% against the previous year. As a result, the exports reached the peak of $81K, and then fell markedly in the following year.

Export of Hand Saws in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.50.4N/A5.9127.7%
Oman0.10.233.2N/A1722.1%
GermanyN/AN/A21.7N/A0%
IndiaN/AN/A7.9N/A0%
Qatar0.7N/A12.2N/A317.5%
Others0.51.55.8N/A240.6%
Total1.72.180.75.951.4%

Top Export Markets for Hand Saws from Kuwait in 2022:

  1. United Arab Emirates (1.5 tons)

Source: IndexBox Market Intelligence Platform

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