Price for Braids; in the Piece in Kuwait - 2022
Contents:
- Price for Braids; in the Piece in Kuwait (CIF) - 2022
- Price for Braids; in the Piece in Kuwait (FOB) - 2022
- Imports of Braids; in the Piece in Kuwait
- Exports of Braids; in the Piece in Kuwait
Price for Braids; in the Piece in Kuwait (CIF) - 2022
In 2022, the average braids; in the piece import price amounted to $7,669 per ton, surging by 3.7% against the previous year. Overall, the import price, however, showed a slight decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 66% against the previous year. As a result, import price attained the peak level of $11,446 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($8,248 per ton), while the price for India ($2,763 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Braids; in the Piece in Kuwait (FOB) - 2022
The average braids; in the piece export price stood at $27,000 per ton in 2021, almost unchanged from the previous year. Overall, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price decreased by -4.9% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2016 to 2021, the rate of growth in terms of prices for Qatar amounted to +14.0% per year.
Imports of Braids; in the Piece in Kuwait
In 2022, after two years of decline, there was significant growth in purchases abroad of braids; in the pieces, when their volume increased by 82% to 12 tons. Overall, imports, however, saw a deep slump.
In value terms, braids; in the piece imports soared to $91K in 2022. In general, imports, however, recorded a noticeable downturn.
| Import of Braids; in the Piece in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.5 | 26.8 | 10.0 | 18.7 | 50.4% |
| Japan | 6.1 | 3.1 | 0.4 | 18.3 | 44.2% |
| Pakistan | 10.9 | 22.7 | 9.0 | 17.9 | 18.0% |
| China | 55.5 | 40.0 | 14.7 | 4.7 | -56.1% |
| India | 5.7 | 1.2 | 1.7 | 3.4 | -15.8% |
| Vietnam | 5.5 | 11.7 | N/A | N/A | 112.7% |
| Others | 11.6 | 28.0 | 12.3 | 27.7 | 33.7% |
| Total | 101 | 134 | 48.1 | 90.8 | -3.5% |
Top Suppliers of Braids; in the Piece to Kuwait in 2022:
- Turkey (3.8 tons)
- Pakistan (3.6 tons)
- Japan (2.2 tons)
- India (1.2 tons)
- China (0.6 tons)
Exports of Braids; in the Piece in Kuwait
In 2021, the amount of braids; in the pieces exported from Kuwait amounted to 6 kg, stabilizing at 2020. Over the period under review, exports showed prominent growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.
In value terms, braids; in the piece exports stood at $162 in 2021. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the braids; in piece exports hit record highs in 2021 and are likely to continue growth in the near future.
| Export of Braids; in the Piece in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Qatar | N/A | N/A | 162 | 0% | |
| Saudi Arabia | 105 | N/A | N/A | 0% | |
| Others | 1.0 | N/A | N/A | 0% | |
| Total | 106 | N/A | 162 | 23.6% | |
Top Export Markets for Braids; in the Piece from Kuwait in 2022:
- Qatar (6.0 kg)
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