Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait - 2022
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait (CIF) - 2022
In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $20,089 per ton, increasing by 3.3% against the previous year. Overall, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 an increase of 84% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 South Korea ($53,778 per ton), while the price for Saudi Arabia ($6,075 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait (FOB) - 2022
In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $36,704 per ton, increasing by 96% against the previous year. Over the period under review, the export price saw a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($241,883 per ton), while the average price for exports to India ($4,359 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 China (+39.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait
For the third consecutive year, Kuwait recorded decline in supplies from abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors, which decreased by -3.1% to 1.6K tons in 2022. Over the period under review, imports saw a sharp setback.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors reached $32M in 2022. Overall, imports showed a abrupt decline.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.6 | 17.5 | 17.8 | 18.1 | -9.7% |
| India | 0.2 | 0.3 | 0.3 | 3.1 | 149.3% |
| United Arab Emirates | 10.6 | 4.3 | 1.3 | 1.5 | -47.9% |
| United States | 3.8 | 1.5 | 1.5 | 1.5 | -26.6% |
| Taiwan (Chinese) | 1.2 | 0.2 | 1.6 | 1.4 | 5.3% |
| Germany | 1.4 | 0.7 | 2.0 | 1.1 | -7.7% |
| Saudi Arabia | 0.5 | 0.9 | 1.0 | 0.6 | 6.3% |
| Lebanon | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Turkey | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
| South Korea | 5.3 | 1.9 | 1.4 | 0.3 | -61.6% |
| Others | 5.7 | 3.8 | 4.1 | 3.3 | -16.7% |
| Total | 54.0 | 31.7 | 31.6 | 31.7 | -16.3% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Kuwait in 2022:
- China (908.8 tons)
- United Arab Emirates (183.8 tons)
- Saudi Arabia (106.6 tons)
- India (90.8 tons)
- Taiwan (Chinese) (66.4 tons)
- Lebanon (58.2 tons)
- Germany (32.8 tons)
- United States (27.8 tons)
- Turkey (27.7 tons)
- South Korea (5.1 tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait
For the third year in a row, Kuwait recorded decline in shipments abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors, which decreased by -54.5% to 8.7 tons in 2022. Overall, exports continue to indicate a precipitous shrinkage. The smallest decline of -33.8% was in 2021.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors shrank markedly to $269K in 2022. Over the period under review, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 7%.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 730 | 86.2 | 104 | 84.9 | -51.2% |
| Sweden | 552 | 60.5 | 67.4 | 51.2 | -54.7% |
| Hong Kong SAR | 402 | 20.7 | 11.4 | 29.6 | -58.1% |
| United States | 579 | 55.3 | 1.1 | 25.9 | -64.5% |
| Oman | 31.3 | 1.8 | 27.8 | 12.9 | -25.6% |
| United Arab Emirates | 309 | 39.9 | 61.4 | 12.7 | -65.5% |
| Germany | 147 | 8.7 | 25.1 | 10.8 | -58.1% |
| Bahrain | 7.2 | 6.7 | 12.8 | 6.6 | -2.9% |
| India | 29.5 | 4.4 | 10.4 | 4.8 | -45.4% |
| Saudi Arabia | 53.3 | 18.3 | 1.0 | 2.6 | -63.5% |
| Qatar | 172 | 6.8 | 44.0 | 2.5 | -75.6% |
| Egypt | 0.6 | N/A | 3.7 | 2.1 | 51.8% |
| Iraq | 11.8 | 0.6 | 0.1 | 0.1 | -79.6% |
| Others | 304 | 64.1 | 30.6 | 22.7 | -57.9% |
| Total | 3,328 | 374 | 400 | 269 | -56.8% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Kuwait in 2022:
- Sweden (1977.0 kg)
- Bahrain (1157.0 kg)
- India (1104.0 kg)
- Hong Kong SAR (913.0 kg)
- United States (813.0 kg)
- United Arab Emirates (754.0 kg)
- China (351.0 kg)
- Egypt (270.0 kg)
- Oman (269.0 kg)
- Saudi Arabia (234.0 kg)
- Qatar (172.0 kg)
- Germany (87.0 kg)
- Iraq (45.0 kg)
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