Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait (CIF) - 2022
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $6,650 per ton in 2022, jumping by 45% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($6,665 per ton) and Japan ($6,659 per ton), while the price for the United States ($6,640 per ton) and China ($6,647 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait (FOB) - 2022
In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $867 per ton, with an increase of 63% against the previous year. In general, the export price showed buoyant growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 348%. The export price peaked at $3,742 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($1,299 per ton), while the average price for exports to the United Arab Emirates ($743 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-2.4%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait
In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses imported into Kuwait dropped sharply to 1.9 tons, waning by -93.5% on 2021 figures. In general, imports showed a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses dropped notably to $12K in 2022. Over the period under review, imports faced a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 46%.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.4 | 9.8 | 8.2 | 8.8 | -43.0% |
| United States | 1.4 | 0.6 | 0.6 | 1.2 | -5.0% |
| Japan | N/A | N/A | N/A | 1.2 | 0% |
| India | 18.2 | 6.0 | 8.7 | 1.1 | -60.8% |
| Switzerland | 7.5 | 5.3 | 11.3 | N/A | 22.7% |
| Saudi Arabia | 150 | 52.7 | 80.5 | N/A | -26.7% |
| Turkey | 29.9 | 7.8 | 7.3 | N/A | -50.6% |
| Bahrain | 16.4 | 4.2 | 4.7 | N/A | -46.5% |
| Others | 12.4 | 4.5 | 11.1 | 0.2 | -74.7% |
| Total | 283 | 90.8 | 132 | 12.4 | -64.7% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Kuwait in 2022:
- China (1319.0 kg)
- Japan (176.0 kg)
- United States (175.0 kg)
- India (170.0 kg)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait
In 2022, shipments abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses decreased by -55.2% to 24 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 736% against the previous year. As a result, the exports reached the peak of 79 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses contracted rapidly to $21K in 2022. In general, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. As a result, the exports reached the peak of $28K, and then reduced sharply in the following year.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 7.7 | 4.5 | 12.0 | 9.1 | 5.7% |
| Saudi Arabia | 3.3 | 2.3 | 7.2 | 6.4 | 24.7% |
| United Arab Emirates | 4.4 | 4.5 | 2.7 | 5.2 | 5.7% |
| South Korea | N/A | 1.6 | N/A | N/A | 0% |
| India | N/A | N/A | 6.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.5 | 13.0 | 28.3 | 20.6 | 9.9% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Kuwait in 2022:
- Bahrain (11.9 tons)
- United Arab Emirates (7.0 tons)
- Saudi Arabia (4.9 tons)
389
This report provides an in-depth analysis of the aluminium alloy wire market in Kuwait.
714
This report provides an in-depth analysis of the global aluminium alloy wire market.
389
This report provides an in-depth analysis of the aluminium alloy wire market in Kuwait.
436
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
714
This report provides an in-depth analysis of the global aluminium alloy wire market.
Nothing found. Please try again.
