Price for Cermets; Articles Thereof, Including Waste and Scrap in Kuwait - 2022
Contents:
- Price for Cermets; Articles Thereof, Including Waste and Scrap in Kuwait (CIF) - 2022
- Imports of Cermets; Articles Thereof, Including Waste and Scrap in Kuwait
Price for Cermets; Articles Thereof, Including Waste and Scrap in Kuwait (CIF) - 2022
The average import price for cermets; articles thereof, including waste and scrap stood at $123,390 per ton in 2022, increasing by 129% against the previous year. Over the period under review, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 141% against the previous year. The import price peaked at $144,346 per ton in 2016; however, from 2017 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 Singapore ($409,316 per ton), while the price for Germany ($36,172 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+442.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cermets; Articles Thereof, Including Waste and Scrap in Kuwait
In 2022, approx. 684 kg of cermets; articles thereof, including waste and scrap were imported into Kuwait; waning by -22.7% on 2021 figures. In general, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 328% against the previous year. As a result, imports reached the peak of 885 kg, and then fell rapidly in the following year.
In value terms, imports of cermets; articles thereof, including waste and scrap surged to $84K in 2022. Over the period under review, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 139%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Cermets; Articles Thereof, Including Waste and Scrap in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 41.7 | 2.8 | 13.5 | 34.7 | -5.9% |
| Singapore | N/A | 0.2 | 1.0 | 23.3 | 979.4% |
| United Arab Emirates | 0.9 | 0.5 | 4.3 | 9.8 | 121.6% |
| Germany | 13.6 | 7.9 | 11.1 | 7.8 | -16.9% |
| China | 1.9 | 2.1 | 2.5 | 5.1 | 39.0% |
| United Kingdom | 2.2 | 1.5 | 2.6 | 2.7 | 7.1% |
| Thailand | 0.8 | N/A | N/A | N/A | 0% |
| Hungary | N/A | N/A | 8.9 | N/A | 0% |
| Others | 5.7 | 4.9 | 3.7 | 0.9 | -46.0% |
| Total | 66.9 | 20.0 | 47.7 | 84.4 | 8.1% |
Top Suppliers of Cermets; Articles Thereof, Including Waste and Scrap to Kuwait in 2022:
- United States (234.0 kg)
- Germany (215.0 kg)
- China (73.0 kg)
- United Arab Emirates (63.0 kg)
- Singapore (57.0 kg)
- United Kingdom (38.0 kg)
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