Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Kuwait - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Kuwait (CIF) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Kuwait
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Kuwait (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,859 per ton in 2022, increasing by 60% against the previous year. Overall, the import price showed a remarkable increase. The import price peaked at $2,114 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Canada ($3,251 per ton), while the price for the United Arab Emirates ($711 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Kuwait
In 2022, the amount of iron or non-alloy steel wire, plated or coated with non-zinc base metalses imported into Kuwait declined markedly to 97 tons, falling by -55.1% against the previous year. In general, imports showed a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 124%. As a result, imports reached the peak of 216 tons, and then contracted remarkably in the following year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses shrank rapidly to $181K in 2022. Overall, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 0.4 | 33.9 | 49.8 | 111.0% |
| Turkey | 93.9 | 58.9 | 70.4 | 49.5 | -19.2% |
| Czech Republic | 67.1 | 44.8 | 48.9 | 31.4 | -22.4% |
| Canada | 12.3 | 7.7 | 22.5 | 14.4 | 5.4% |
| Saudi Arabia | 22.5 | 13.1 | 14.5 | 9.5 | -25.0% |
| United States | 14.8 | 8.4 | 12.6 | 5.0 | -30.4% |
| South Korea | 19.8 | 8.2 | 4.5 | 2.9 | -47.3% |
| Germany | 17.3 | 17.9 | 9.3 | 1.6 | -54.8% |
| United Arab Emirates | 7.5 | 25.8 | 10.6 | 1.0 | -48.9% |
| Others | 39.9 | 16.5 | 23.7 | 15.5 | -27.0% |
| Total | 300 | 202 | 251 | 181 | -15.5% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Kuwait in 2022:
- Turkey (42.3 tons)
- China (22.8 tons)
- Czech Republic (14.5 tons)
- Saudi Arabia (5.2 tons)
- Canada (4.4 tons)
- United States (1.6 tons)
- South Korea (1.5 tons)
- United Arab Emirates (1.4 tons)
- Germany (0.7 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Kuwait.
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This report provides an in-depth analysis of the market for iron and steel wire in Kuwait.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Kuwait.
307
This report provides an in-depth analysis of the market for iron and steel wire in Kuwait.
1934
This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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