Price for Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait - 2022
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait (CIF) - 2022
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait (FOB) - 2022
- Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait
- Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait
Price for Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait (CIF) - 2022
The average import price for containers for compressed or liquefied gas, of aluminium stood at $18 per unit in 2022, jumping by 31% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 437%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
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 Denmark ($126 per unit), while the price for Saudi Arabia ($3.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait (FOB) - 2022
The average export price for containers for compressed or liquefied gas, of aluminium stood at $52 per unit in 2022, reducing by -5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 169% against the previous year. As a result, the export price attained the peak level of $91 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($887 per unit), while the average price for exports to Italy ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+49.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait
For the third consecutive year, Kuwait recorded decline in supplies from abroad of containers for compressed or liquefied gas, of aluminium, which decreased by -41.3% to 63K units in 2022. In general, imports showed a dramatic decline. The smallest decline of -8% was in 2021. Over the period under review, imports of hit record highs at 587K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of containers for compressed or liquefied gas, of aluminium shrank significantly to $1.2M in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 6.3%. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 228 | 656 | 475 | 361 | 16.6% |
| China | 78.8 | 150 | 163 | 172 | 29.7% |
| United States | 215 | 219 | 69.2 | 123 | -17.0% |
| Germany | 110 | 131 | 163 | 84.3 | -8.5% |
| Taiwan (Chinese) | 105 | 114 | 81.6 | 78.7 | -9.2% |
| Italy | 21.8 | 10.2 | 31.5 | 52.9 | 34.4% |
| Indonesia | 18.6 | 116 | 46.5 | 49.0 | 38.1% |
| United Arab Emirates | 273 | 13.2 | 217 | 47.1 | -44.3% |
| Spain | 25.3 | 31.8 | 29.8 | 37.8 | 14.3% |
| Bahrain | 1.3 | 21.4 | 19.5 | 24.0 | 164.3% |
| Others | 650 | 373 | 203 | 120 | -43.1% |
| Total | 1,726 | 1,835 | 1,499 | 1,150 | -12.7% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Kuwait in 2022:
- China (15.4K units)
- India (12.1K units)
- Bahrain (6.0K units)
- Indonesia (5.9K units)
- Germany (4.4K units)
- Italy (3.4K units)
- Taiwan (Chinese) (3.4K units)
- United Arab Emirates (3.1K units)
- United States (3.0K units)
- Spain (1.8K units)
Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait
In 2022, approx. 592 units of containers for compressed or liquefied gas, of aluminium were exported from Kuwait; rising by 66% compared with the previous year. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 889% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of containers for compressed or liquefied gas, of aluminium soared to $31K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 500% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Containers for Compressed or Liquefied Gas, of Aluminium in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.6 | 0.3 | 5.6 | 10.5 | 159.6% |
| Bahrain | 1.7 | 0.2 | 3.0 | 5.1 | 44.2% |
| Germany | N/A | 2.0 | 0.1 | 5.1 | 59.7% |
| Saudi Arabia | 1.0 | 0.3 | 3.7 | 4.8 | 68.7% |
| Italy | 0.1 | N/A | 0.6 | 0.6 | 81.7% |
| Others | 0.9 | 0.4 | 6.6 | 4.8 | 74.7% |
| Total | 4.3 | 3.3 | 19.6 | 31.0 | 93.2% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Kuwait in 2022:
- Bahrain (334.0 units)
- Saudi Arabia (143.0 units)
- Italy (42.0 units)
- United Arab Emirates (35.0 units)
- Germany (30.0 units)
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