Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait - 2022
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait (CIF) - 2022
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,381 per ton in 2022, rising by 7.8% against the previous year. Over the period under review, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $6,680 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($4,192 per ton) and Thailand ($4,192 per ton), while the price for Malaysia ($4,192 per ton) and China ($4,192 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait (FOB) - 2022
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $806 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2020 an increase of 61%. Over the period under review, the average export prices hit record highs at $7,070 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($3,216 per ton), while the average price for exports to the United Arab Emirates ($304 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 (-2.6%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait
In 2022, after two years of decline, there was significant growth in purchases abroad of iron or steel cast fittings, other than of non-malleable cast ira, when their volume increased by 9.3% to 1.5K tons. In general, imports, however, recorded a deep reduction.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira soared to $6.5M in 2022. Overall, imports, however, showed a sharp setback.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,556 | 2,018 | 1,378 | 2,603 | -9.9% |
| Saudi Arabia | 7,483 | 237 | 675 | 1,548 | -40.9% |
| United Kingdom | 285 | 534 | 257 | 528 | 22.8% |
| Thailand | 1,066 | 1,474 | 462 | 375 | -29.4% |
| Poland | 1,291 | 1,012 | 234 | 322 | -37.1% |
| Netherlands | 368 | 280 | 136 | 167 | -23.2% |
| Malaysia | 361 | 237 | 154 | 123 | -30.2% |
| India | 581 | 206 | 269 | 111 | -42.4% |
| Others | 2,313 | 1,627 | 1,939 | 708 | -32.6% |
| Total | 17,304 | 7,625 | 5,503 | 6,485 | -27.9% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Kuwait in 2022:
- China (620.9 tons)
- Saudi Arabia (369.3 tons)
- United Kingdom (126.0 tons)
- Thailand (89.5 tons)
- Poland (76.7 tons)
- Netherlands (39.8 tons)
- Malaysia (29.4 tons)
- India (26.5 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait
In 2022, exports of iron or steel cast fittings, other than of non-malleable cast ira from Kuwait surged to 125 tons, growing by 66% compared with the previous year's figure. In general, exports, however, continue to indicate a precipitous descent.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira soared to $101K in 2022. Over the period under review, exports, however, recorded a sharp decrease.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | N/A | 43.6 | 0% |
| United Arab Emirates | 11.0 | 11.3 | 9.0 | 16.9 | 15.4% |
| Jordan | 47.8 | 6.7 | 8.6 | 11.9 | -37.1% |
| India | 182 | 29.6 | 19.8 | 11.1 | -60.6% |
| Qatar | 8.7 | 1.4 | 2.0 | 3.1 | -29.1% |
| Saudi Arabia | 41.2 | 1.9 | 14.1 | 2.3 | -61.8% |
| Pakistan | 51.0 | 3.1 | 0.5 | 0.5 | -78.6% |
| Others | 45.8 | 38.9 | 5.9 | 11.5 | -36.9% |
| Total | 387 | 92.8 | 59.9 | 101 | -36.1% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Kuwait in 2022:
- United Arab Emirates (55.5 tons)
- India (36.1 tons)
- Egypt (13.6 tons)
- Qatar (7.6 tons)
- Jordan (7.2 tons)
- Pakistan (1.0 tons)
- Saudi Arabia (0.7 tons)
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