Price for Lustres; Liquid Lustres and Similar Preparations in Kuwait - 2022
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Kuwait (CIF) - 2022
- Price for Lustres; Liquid Lustres and Similar Preparations in Kuwait (FOB) - 2022
- Imports of Lustres; Liquid Lustres and Similar Preparations in Kuwait
- Exports of Lustres; Liquid Lustres and Similar Preparations in Kuwait
Price for Lustres; Liquid Lustres and Similar Preparations in Kuwait (CIF) - 2022
In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $3,091 per ton, surging by 1.9% against the previous year. Overall, the import price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of 79%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,375 per ton), while the price for Saudi Arabia ($2,999 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lustres; Liquid Lustres and Similar Preparations in Kuwait (FOB) - 2022
The average export price for lustres; liquid lustres and similar preparationses stood at $967 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 165% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,643 per ton in 2013; however, from 2014 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 Saudi Arabia.
From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +1.5% per year.
Imports of Lustres; Liquid Lustres and Similar Preparations in Kuwait
For the third consecutive year, Kuwait recorded decline in overseas purchases of lustres; liquid lustres and similar preparationses, which decreased by -2.1% to 313 tons in 2022. In general, imports showed a dramatic descent.
In value terms, imports of lustres; liquid lustres and similar preparationses declined slightly to $967K in 2022. Overall, imports showed a abrupt curtailment.
| Import of Lustres; Liquid Lustres and Similar Preparations in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 881 | 920 | 486 | 734 | -5.9% |
| Jordan | 389 | 110 | 465 | 176 | -23.2% |
| Netherlands | N/A | N/A | 13.0 | 47.7 | 266.9% |
| China | 48.5 | 31.3 | N/A | N/A | -35.5% |
| United Kingdom | 74.4 | 2.1 | N/A | N/A | -97.2% |
| South Africa | N/A | 44.1 | N/A | N/A | 0% |
| Others | 144 | 81.2 | 4.5 | 8.8 | -60.6% |
| Total | 1,538 | 1,189 | 969 | 967 | -14.3% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Kuwait in 2022:
- Saudi Arabia (244.8 tons)
- Jordan (53.8 tons)
- Netherlands (8.9 tons)
Exports of Lustres; Liquid Lustres and Similar Preparations in Kuwait
Exports of lustres; liquid lustres and similar preparationses from Kuwait soared to 74 tons in 2022, surging by 7,741% compared with the previous year's figure. Overall, exports showed significant growth.
In value terms, exports of lustres; liquid lustres and similar preparationses soared to $72K in 2022. Over the period under review, exports saw a significant increase.
| Export of Lustres; Liquid Lustres and Similar Preparations in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2.5 | 34.4 | 0.8 | 71.6 | 206.0% |
| United Arab Emirates | N/A | 101 | N/A | N/A | 0% |
| Iraq | 9.7 | N/A | N/A | N/A | 0% |
| Bahrain | N/A | 7.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.2 | 142 | 0.8 | 71.6 | 80.4% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Kuwait in 2022:
- Saudi Arabia (74.1 tons)
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