Price for Clothing; Parts, Knitted or Crocheted in Kuwait - 2021
Contents:
- Price for Clothing; Parts, Knitted or Crocheted in Kuwait (CIF) - 2022
- Price for Clothing; Parts, Knitted or Crocheted in Kuwait (FOB) - 2022
- Imports of Clothing; Parts, Knitted or Crocheted in Kuwait
- Exports of Clothing; Parts, Knitted or Crocheted in Kuwait
Price for Clothing; Parts, Knitted or Crocheted in Kuwait (CIF) - 2022
The average import price for clothing; parts, knitted or crocheted stood at $36,365 per ton in 2022, growing by 140% against the previous year. In general, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($173,577 per ton), while the price for Taiwan (Chinese) ($6,972 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clothing; Parts, Knitted or Crocheted in Kuwait (FOB) - 2022
The average export price for clothing; parts, knitted or crocheted stood at $20,186 per ton in 2022, declining by -19.1% against the previous year. Overall, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 142%. The export price peaked at $24,964 per ton in 2021, and then contracted dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($26,600 per ton), while the average price for exports to France ($6,379 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 the UK (+490.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clothing; Parts, Knitted or Crocheted in Kuwait
In 2022, the amount of clothing; parts, knitted or crocheted imported into Kuwait reduced sharply to 11 tons, falling by -64.3% against the previous year. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 111%. As a result, imports attained the peak of 30 tons, and then dropped dramatically in the following year.
In value terms, clothing; parts, knitted or crocheted imports reduced to $390K in 2022. Over the period under review, imports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $455K, and then shrank in the following year.
| Import of Clothing; Parts, Knitted or Crocheted in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 114 | 58.8 | 36.1 | 225 | 25.4% |
| China | 236 | 149 | 220 | 41.9 | -43.8% |
| Australia | 4.5 | 9.8 | 16.1 | 27.9 | 83.7% |
| Singapore | 10.5 | 13.2 | 16.9 | 12.2 | 5.1% |
| Turkey | 12.5 | 13.9 | 15.8 | 11.5 | -2.7% |
| United Arab Emirates | 17.0 | 17.6 | 18.5 | 10.7 | -14.3% |
| Taiwan (Chinese) | 8.0 | 3.8 | 8.4 | 5.2 | -13.4% |
| Moldova | N/A | N/A | 17.8 | N/A | 0% |
| Others | 35.6 | 59.0 | 106 | 56.1 | 16.4% |
| Total | 438 | 325 | 455 | 390 | -3.8% |
Top Suppliers of Clothing; Parts, Knitted or Crocheted to Kuwait in 2022:
- China (4.2 tons)
- Italy (1.3 tons)
- Australia (1.2 tons)
- Turkey (0.7 tons)
- Taiwan (Chinese) (0.7 tons)
- United Arab Emirates (0.7 tons)
- Singapore (0.5 tons)
Exports of Clothing; Parts, Knitted or Crocheted in Kuwait
Clothing; parts, knitted or crocheted exports from Kuwait shrank notably to 199 kg in 2022, falling by -20.1% compared with the previous year. In general, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 65%.
In value terms, clothing; parts, knitted or crocheted exports contracted rapidly to $4K in 2022. Over the period under review, exports showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 242%.
| Export of Clothing; Parts, Knitted or Crocheted in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2,749 | 534 | 296 | 931 | -30.3% |
| France | 1,716 | 931 | 317 | 740 | -24.4% |
| United Arab Emirates | 10,431 | 166 | 94.0 | 320 | -68.7% |
| Spain | 201 | 119 | 44.0 | 113 | -17.5% |
| Netherlands | 49.0 | 28.0 | 10.0 | 26.0 | -19.0% |
| Iraq | N/A | N/A | 25.0 | N/A | 0% |
| Others | N/A | 42.0 | 5,430 | 1,887 | 570.3% |
| Total | 15,146 | 1,820 | 6,216 | 4,017 | -35.8% |
Top Export Markets for Clothing; Parts, Knitted or Crocheted from Kuwait in 2022:
- France (116.0 kg)
- United Arab Emirates (36.0 kg)
- Singapore (35.0 kg)
- Spain (7.0 kg)
- Netherlands (3.0 kg)
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