Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait - 2022
Contents:
- Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait (CIF) - 2022
- Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait (FOB) - 2022
- Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait
- Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait
Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait (CIF) - 2022
In 2022, the average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $2,108 per unit, surging by 234% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the UK ($5,384 per unit), while the price for Canada ($160 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait (FOB) - 2022
In 2022, the average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $6,741 per unit, growing by 2,656% against the previous year. Overall, the export price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 2,750% against the previous year. The export price peaked at $22,441 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2014 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +12.4% per year.
Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait
In 2022, approx. 2.3K units of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses were imported into Kuwait; with an increase of 192% on the previous year's figure. In general, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses soared to $4.9M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.8 | 3.7 | 6.6 | 4,241 | 859.6% |
| United Kingdom | 17.9 | 6.2 | 1.3 | 205 | 125.4% |
| France | 54.1 | 2.8 | 6.6 | 148 | 39.9% |
| China | 23.7 | 4.4 | 26.8 | 112 | 67.8% |
| Germany | 0.9 | 0.3 | 0.2 | 39.3 | 252.1% |
| United States | 2.8 | 4.3 | 2.6 | 30.1 | 120.7% |
| Canada | 5.1 | 2.0 | 1.4 | 14.2 | 40.7% |
| Italy | 63.6 | 21.0 | 9.4 | 7.0 | -52.1% |
| South Korea | 741 | 397 | 391 | N/A | -27.4% |
| Austria | 9.0 | 3.9 | 3.1 | N/A | -41.3% |
| Malaysia | 86.4 | 1.9 | 31.7 | N/A | -39.4% |
| Others | 96.4 | 47.3 | 26.1 | 144 | 14.3% |
| Total | 1,106 | 495 | 507 | 4,940 | 64.7% |
Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to Kuwait in 2022:
- United Arab Emirates (1631.0 units)
- Germany (158.0 units)
- France (148.0 units)
- China (126.0 units)
- United States (96.0 units)
- Canada (89.0 units)
- United Kingdom (38.0 units)
- Italy (32.0 units)
Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait
After two years of decline, shipments abroad of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses increased by 160% to 13 units in 2022. Overall, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports of attained the peak figure at 21 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses surged to $88K in 2022. Over the period under review, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 48.7 | 0.1 | 1.1 | 87.6 | 21.6% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| United Kingdom | 0.5 | N/A | N/A | N/A | 0% |
| India | 0.3 | N/A | N/A | N/A | 0% |
| Philippines | N/A | N/A | N/A | N/A | 0% |
| Bangladesh | 1.8 | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Saudi Arabia | 1.0 | N/A | 0.1 | N/A | -68.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 52.3 | 0.1 | 1.2 | 87.6 | 18.8% |
Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from Kuwait in 2022:
- United Arab Emirates (13.0 units)
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