Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait - 2022
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait (CIF) - 2022
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait (FOB) - 2022
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait
- Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait (CIF) - 2022
The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $3,140 per ton in 2022, falling by -27.7% against the previous year. Overall, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 1.2%. The import price peaked at $12,717 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Spain ($12,063 per ton), while the price for the United Arab Emirates ($1,316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait (FOB) - 2022
In 2022, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $3,096 per ton, shrinking by -13.9% against the previous year. In general, the export price showed a perceptible decline. The pace of growth was the most pronounced in 2015 an increase of 64%. The export price peaked at $9,454 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($3,828 per ton), while the average price for exports to Bahrain ($222 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 Saudi Arabia (-1.8%), while the prices for the other major destinations experienced a decline.
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait
In 2022, supplies from abroad of fabrics; "long pile" fabrics, knitted or crocheteds was finally on the rise to reach 72 tons after two years of decline. Overall, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds soared to $227K in 2022. In general, imports, however, saw a slight decline.
| Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Syrian Arab Republic | 42.0 | 31.0 | 8.7 | 84.4 | 26.2% |
| United Arab Emirates | 12.7 | 1.4 | 4.5 | 49.1 | 56.9% |
| South Korea | 2.4 | 3.0 | 1.4 | 36.1 | 146.8% |
| Spain | 20.4 | 12.3 | 2.8 | 16.8 | -6.3% |
| Taiwan (Chinese) | 16.1 | 9.3 | 2.0 | 11.7 | -10.1% |
| India | 26.0 | 8.9 | 0.7 | 10.8 | -25.4% |
| Turkey | 9.1 | 10.4 | 1.1 | 6.0 | -13.0% |
| China | 84.6 | 31.8 | 3.4 | 3.5 | -65.4% |
| Others | 24.1 | 9.2 | 1.4 | 9.2 | -27.5% |
| Total | 238 | 117 | 25.8 | 227 | -1.6% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Kuwait in 2022:
- United Arab Emirates (37.3 tons)
- Syrian Arab Republic (17.5 tons)
- South Korea (7.5 tons)
- Taiwan (Chinese) (3.6 tons)
- India (2.0 tons)
- Spain (1.4 tons)
- Turkey (0.7 tons)
- China (0.7 tons)
Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait
Exports of fabrics; "long pile" fabrics, knitted or crocheteds from Kuwait stood at 2 tons in 2022, increasing by 11% on 2021. The total export volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds contracted to $6K in 2022. Overall, exports, however, saw a noticeable setback. The smallest decline of -4.6% was in 2021.
| Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 5.1 | 4.8 | 4.5 | 4.2 | -6.3% |
| Qatar | 1.9 | 1.9 | 1.9 | 1.9 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.0 | 6.6 | 6.3 | 6.0 | -5.0% |
Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Kuwait in 2022:
- Saudi Arabia (1090.0 kg)
- Qatar (816.0 kg)
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