Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait - 2022
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait (CIF) - 2022
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait (FOB) - 2022
- Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait
- Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait (CIF) - 2022
The average import price for containers for compressed or liquefied gas, of iron or steel stood at $23 per unit in 2022, waning by -24% against the previous year. Overall, the import price saw a deep slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $58 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($35 per unit), while the price for Bahrain ($3.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.9%), while the prices for the other major suppliers experienced a decline.
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait (FOB) - 2022
In 2022, the average export price for containers for compressed or liquefied gas, of iron or steel amounted to $11 per unit, dropping by -32.1% against the previous year. Over the period under review, the export price saw a drastic downturn. The growth pace was the most rapid in 2013 when the average export price increased by 87%. Over the period under review, the average export prices reached the peak figure at $54 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($13 per unit), while the average price for exports to Saudi Arabia ($0.9 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 Jordan (+3.9%), while the prices for the other major destinations experienced a decline.
Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait
In 2022, purchases abroad of containers for compressed or liquefied gas, of iron or steel was finally on the rise to reach 641K units for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of containers for compressed or liquefied gas, of iron or steel surged to $15M in 2022. Overall, imports, however, recorded a deep reduction. Over the period under review, imports of reached the maximum at $19M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 6.9 | 1.7 | 2.0 | 6.2 | -3.5% |
| China | 2.3 | 2.2 | 0.8 | 2.7 | 5.5% |
| South Korea | 1.8 | 1.2 | 0.8 | 1.9 | 1.8% |
| India | 2.5 | 0.4 | 0.5 | 1.2 | -21.7% |
| United States | 1.1 | 0.5 | 0.4 | 0.5 | -23.1% |
| United Arab Emirates | 1.7 | 0.1 | 0.2 | 0.3 | -43.9% |
| Bahrain | N/A | N/A | N/A | N/A | 0% |
| Others | 2.4 | 1.4 | 0.9 | 2.0 | -5.9% |
| Total | 18.7 | 7.4 | 5.6 | 14.9 | -7.3% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Kuwait in 2022:
- Thailand (276.5K units)
- China (119.3K units)
- South Korea (71.4K units)
- India (55.4K units)
- United States (17.8K units)
- Bahrain (12.7K units)
- United Arab Emirates (12.5K units)
Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait
After three years of growth, overseas shipments of containers for compressed or liquefied gas, of iron or steel decreased by -73.2% to 28K units in 2022. In general, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 52%. The exports peaked at 106K units in 2021, and then dropped dramatically in the following year.
In value terms, exports of containers for compressed or liquefied gas, of iron or steel declined markedly to $319K in 2022. Over the period under review, exports showed a significant decrease. The pace of growth was the most pronounced in 2020 when exports increased by 58%. Over the period under review, the exports of attained the maximum at $1.8M in 2021, and then contracted remarkably in the following year.
| Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 797 | 1,210 | 1,588 | 294 | -28.3% |
| United States | 28.2 | 32.2 | 33.8 | 6.1 | -40.0% |
| United Arab Emirates | 9.6 | 47.5 | 41.8 | 4.9 | -20.1% |
| Jordan | 3.1 | 11.3 | 28.0 | 4.0 | 8.9% |
| Saudi Arabia | 5.5 | 17.7 | 6.2 | 0.9 | -45.3% |
| Singapore | 6.5 | 6.9 | 5.4 | 0.1 | -75.1% |
| Others | 22.3 | 55.0 | 52.4 | 9.3 | -25.3% |
| Total | 873 | 1,380 | 1,756 | 319 | -28.5% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Kuwait in 2022:
- Iraq (22.9K units)
- Saudi Arabia (1.0K units)
- United States (1.0K units)
- United Arab Emirates (0.8K units)
- Jordan (0.7K units)
- Singapore (0.1K units)
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