Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Kuwait - 2022

Contents:

1. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Kuwait (CIF) - 2022
2. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Kuwait (FOB) - 2022
3. Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Kuwait
4. Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Kuwait

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Kuwait (CIF) - 2022

The average import price for handbags with outer surface of plastic sheeting or of textile materialses stood at $67 per unit in 2022, rising by 76% against the previous year. In general, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 123% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain 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 Italy ($632 per unit), while the price for India ($8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Kuwait (FOB) - 2022

The average export price for handbags with outer surface of plastic sheeting or of textile materialses stood at $34 per unit in 2022, increasing by 19% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2013 an increase of 186% against the previous year. The export price peaked at $57 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($139 per unit), while the average price for exports to Oman ($4.9 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 Qatar (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Kuwait

In 2022, the amount of handbags with outer surface of plastic sheeting or of textile materialses imported into Kuwait contracted sharply to 759K units, with a decrease of -34.9% against the year before. Over the period under review, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, imports of reached the peak figure at 1.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses rose markedly to $50M in 2022. The total import value increased at an average annual rate of +2.5% 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 2021 when imports increased by 31%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to Kuwait in 2022:

1. China (1065.0K units)
2. India (131.7K units)
3. Turkey (37.1K units)
4. Cambodia (30.8K units)
5. France (23.3K units)
6. Italy (22.8K units)
7. Vietnam (16.2K units)

Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Kuwait

Exports of handbags with outer surface of plastic sheeting or of textile materialses from Kuwait declined remarkably to 17K units in 2022, falling by -85.7% compared with the previous year's figure. In general, exports faced a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 820% against the previous year. As a result, the exports reached the peak of 116K units, and then contracted markedly in the following year.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses reduced markedly to $563K in 2022. Overall, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,038%. As a result, the exports attained the peak of $3.3M, and then contracted significantly in the following year.

Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from Kuwait in 2022:

1. Oman (3.9K units)
2. Bahrain (3.7K units)
3. Saudi Arabia (2.7K units)
4. United Arab Emirates (2.3K units)
5. Qatar (0.8K units)
6. Free Zones (0.6K units)

Source: IndexBox Market Intelligence Platform