Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kuwait - 2022
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kuwait (CIF) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kuwait
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kuwait (CIF) - 2022
In 2022, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $8,839 per ton, increasing by 41% against the previous year. In general, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 146%. Over the period under review, average import prices hit record highs at $11,246 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Italy ($27,711 per ton), while the price for the United States ($817 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kuwait
Imports of man-made filament yarn (other than sewing thread), put up for retail sale into Kuwait surged to 6.3 tons in 2022, increasing by 58% against the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 400% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale soared to $52K in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 317% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.7 | 3.6 | 6.9 | 13.1 | 165.5% |
| India | 0.8 | 3.8 | 6.4 | 10.2 | 133.6% |
| Syrian Arab Republic | 0.5 | 2.5 | 4.8 | 9.3 | 165.0% |
| China | 0.1 | N/A | 0.5 | 4.7 | 260.9% |
| Saudi Arabia | 0.3 | 1.2 | 2.0 | 3.4 | 124.6% |
| Taiwan (Chinese) | 0.2 | 0.9 | 1.7 | 3.0 | 146.6% |
| United States | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Others | 0.9 | 2.2 | 2.6 | 8.5 | 111.4% |
| Total | 3.4 | 14.3 | 25.1 | 52.4 | 148.9% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Kuwait in 2022:
- India (1618.0 kg)
- Saudi Arabia (1452.0 kg)
- China (1146.0 kg)
- South Korea (978.0 kg)
- Syrian Arab Republic (502.0 kg)
- United States (224.0 kg)
- Taiwan (Chinese) (209.0 kg)
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