Kuwait - Baths Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Bath Price in Kuwait - 2022
Contents:
- Metal Bath Price in Kuwait (CIF) - 2022
- Metal Bath Price in Kuwait (FOB) - 2022
- Metal Bath Imports in Kuwait
- Metal Bath Exports in Kuwait
Metal Bath Price in Kuwait (CIF) - 2022
The average metal bath import price stood at $4.1 per unit in 2022, waning by -41.1% against the previous year. Over the period under review, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 166% against the previous year. As a result, import price attained the peak level of $13 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4.3 per unit), while the price for the United Arab Emirates ($1.6 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Bath Price in Kuwait (FOB) - 2022
In 2022, the average metal bath export price amounted to $4.2 per unit, with an increase of 1,313% against the previous year. Overall, the export price showed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($4.2 per unit), while the average price for exports to Bahrain totaled $4.2 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+375.4%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Bath Imports in Kuwait
Metal bath imports into Kuwait amounted to 166K units in 2022, remaining stable against the previous year's figure. Overall, imports showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 315%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, metal bath imports dropped rapidly to $679K in 2022. In general, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 207% against the previous year. Imports peaked at $1.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Metal Bath in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 127 | 85.3 | 415 | 341 | 39.0% |
Indonesia | 33.0 | 34.9 | 231 | 146 | 64.2% |
Italy | 99.8 | 52.8 | 92.0 | 78.5 | -7.7% |
United Arab Emirates | 176 | 89.1 | 165 | 22.6 | -49.5% |
Turkey | 42.5 | 16.7 | 42.2 | 18.3 | -24.5% |
United Kingdom | 27.9 | 22.3 | 25.9 | 16.1 | -16.7% |
Japan | 17.6 | 5.4 | 9.5 | 11.8 | -12.5% |
Germany | 647 | 2.9 | 25.4 | 11.2 | -74.1% |
Spain | 31.9 | 0.2 | 64.3 | 4.5 | -47.9% |
Others | 86.7 | 63.1 | 76.1 | 29.7 | -30.0% |
Total | 1,289 | 373 | 1,146 | 679 | -19.2% |
Top Suppliers of Metal Bath to Kuwait in 2022:
- China (79.9K units)
- Indonesia (34.1K units)
- Italy (18.5K units)
- United Arab Emirates (13.7K units)
- Turkey (4.3K units)
- United Kingdom (3.8K units)
- Japan (2.8K units)
- Germany (2.6K units)
- Spain (1.1K units)
Metal Bath Exports in Kuwait
In 2022, after two years of growth, there was significant decline in shipments abroad of baths of iron or steel, when their volume decreased by -97% to 1.6K units. Overall, exports saw a dramatic setback. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. As a result, the exports reached the peak of 53K units, and then fell notably in the following year.
In value terms, metal bath exports reduced notably to $6.7K in 2022. In general, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 93%. As a result, the exports attained the peak of $16K, and then dropped dramatically in the following year.
Export of Metal Bath in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Bahrain | N/A | N/A | 5.9 | 0% | |
Saudi Arabia | 0.3 | N/A | 0.8 | 63.3% | |
Qatar | N/A | 2.7 | N/A | 0% | |
India | 7.9 | 13.3 | N/A | 68.4% | |
Others | 0.1 | N/A | N/A | 0% | |
Total | 8.2 | 15.9 | 6.7 | -9.6% |
Top Export Markets for Metal Bath from Kuwait in 2022:
- Bahrain (1386.0 units)
- Saudi Arabia (194.0 units)
This report provides an in-depth analysis of the metal bath 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 25991127 - Baths of iron or steel
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the metal bath market in Kuwait.
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