Price for Artwork; Collages and Similar Decorative Plaques in Kuwait - 2022

Contents:

1. Price for Artwork; Collages and Similar Decorative Plaques in Kuwait (CIF) - 2022
2. Price for Artwork; Collages and Similar Decorative Plaques in Kuwait (FOB) - 2022
3. Imports of Artwork; Collages and Similar Decorative Plaques in Kuwait
4. Exports of Artwork; Collages and Similar Decorative Plaques in Kuwait

Price for Artwork; Collages and Similar Decorative Plaques in Kuwait (CIF) - 2022

The average import price for artwork; collages and similar decorative plaqueses stood at $35,338 per ton in 2022, surging by 13% against the previous year. In general, the import price posted prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 111%. Over the period under review, average import prices reached the peak figure at $37,570 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($98,129 per ton), while the price for China ($12,202 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Artwork; Collages and Similar Decorative Plaques in Kuwait (FOB) - 2022

The average export price for artwork; collages and similar decorative plaqueses stood at $18,523 per ton in 2022, with an increase of 215% against the previous year. Over the period under review, the export price posted a buoyant expansion. Over the period under review, the average export prices attained the maximum at $23,880 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($28,199 per ton), while the average price for exports to Egypt totaled $4,742 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+38.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Artwork; Collages and Similar Decorative Plaques in Kuwait

In 2022, the amount of artwork; collages and similar decorative plaqueses imported into Kuwait reached 39 tons, remaining constant against the year before. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 9.9%. As a result, imports reached the peak of 41 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of artwork; collages and similar decorative plaqueses reached $1.4M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports attained the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Kuwait in 2022:

1. China (26.6 tons)
2. Germany (2.9 tons)
3. Bahrain (2.8 tons)
4. Turkey (1.3 tons)
5. India (1.3 tons)
6. Saudi Arabia (1.0 tons)
7. United States (0.8 tons)

Exports of Artwork; Collages and Similar Decorative Plaques in Kuwait

In 2022, shipments abroad of artwork; collages and similar decorative plaqueses decreased by -65.1% to 480 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 2,099% against the previous year. As a result, the exports attained the peak of 100 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of artwork; collages and similar decorative plaqueses expanded remarkably to $8.9K in 2022. In general, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 1,402% against the previous year. As a result, the exports reached the peak of $906K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Kuwait in 2022:

1. United Arab Emirates (282.0 kg)
2. Egypt (198.0 kg)

Source: IndexBox Market Intelligence Platform