Price for Aluminium; Alloys, Hollow Profiles in Kuwait - 2021
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Kuwait (CIF) - 2021
- Price for Aluminium; Alloys, Hollow Profiles in Kuwait (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Kuwait
- Exports of Aluminium; Alloys, Hollow Profiles in Kuwait
Price for Aluminium; Alloys, Hollow Profiles in Kuwait (CIF) - 2021
The average aluminium; alloys, hollow profiles import price stood at $4,005 per ton in December 2021, jumping by 21% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $4,408 per ton in February 2021; however, from March 2021 to December 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($9,796 per ton), while the price for China ($3,728 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Turkey (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium; Alloys, Hollow Profiles in Kuwait (FOB) - 2022
The average aluminium; alloys, hollow profiles export price stood at $3,358 per ton in 2022, increasing by 25% against the previous year. Over the period under review, the export price, however, saw a mild downturn. The pace of growth was the most pronounced in 2018 an increase of 40%. As a result, the export price attained the peak level of $4,307 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($8,144 per ton), while the average price for exports to India ($676 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 Egypt (+12.0%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Alloys, Hollow Profiles in Kuwait
In 2022, approx. 2.1K tons of aluminium; alloys, hollow profileses were imported into Kuwait; which is down by -14.9% compared with 2021 figures. Over the period under review, imports saw a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. As a result, imports reached the peak of 2.5K tons, and then declined in the following year.
In value terms, aluminium; alloys, hollow profiles imports shrank remarkably to $7.9M in 2022. In general, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. As a result, imports attained the peak of $9.5M, and then dropped dramatically in the following year.
| Import of Aluminium; Alloys, Hollow Profiles in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 1.8 | 2.5 | 3.7 | 20.8% |
| Saudi Arabia | 0.9 | 1.1 | 2.4 | 1.2 | 10.1% |
| Bahrain | 3.1 | 2.1 | 2.3 | 1.0 | -31.4% |
| Spain | 0.6 | 0.2 | 0.6 | 0.5 | -5.9% |
| Qatar | 0.5 | 0.5 | 0.6 | 0.3 | -15.7% |
| Others | 1.5 | 0.6 | 1.1 | 1.2 | -7.2% |
| Total | 8.8 | 6.2 | 9.5 | 7.9 | -3.5% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Kuwait in 2022:
- China (1010.1 tons)
- Saudi Arabia (362.0 tons)
- Qatar (336.2 tons)
- Bahrain (229.2 tons)
- Spain (63.7 tons)
Exports of Aluminium; Alloys, Hollow Profiles in Kuwait
In 2022, overseas shipments of aluminium; alloys, hollow profileses decreased by -21.7% to 17 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year.
In value terms, aluminium; alloys, hollow profiles exports fell slightly to $56K in 2022. The total export value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 40%.
| Export of Aluminium; Alloys, Hollow Profiles in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | 8.1 | 13.3 | 29.1 | 89.5% |
| Jordan | 25.9 | 27.8 | 28.9 | 17.8 | -11.8% |
| India | 1.4 | 2.7 | 9.6 | 5.2 | 54.9% |
| Saudi Arabia | 2.7 | 2.0 | 1.2 | 1.0 | -28.2% |
| United Arab Emirates | 2.9 | 1.6 | 0.5 | 0.8 | -34.9% |
| Bahrain | 2.7 | 1.5 | 1.3 | 0.7 | -36.2% |
| Qatar | 1.4 | 1.3 | 1.1 | 0.6 | -24.6% |
| Thailand | N/A | 8.3 | N/A | N/A | 0% |
| Others | 1.9 | 1.4 | 1.4 | 0.7 | -28.3% |
| Total | 39.0 | 54.6 | 57.2 | 55.9 | 12.7% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Kuwait in 2022:
- India (7.7 tons)
- Jordan (4.1 tons)
- Egypt (3.6 tons)
- Saudi Arabia (0.4 tons)
- Qatar (0.4 tons)
- Bahrain (0.2 tons)
- United Arab Emirates (0.1 tons)
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