Price for Metals; Silver, Unwrought, (But Not Powder) in Kuwait - 2022
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Kuwait (CIF) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Kuwait (FOB) - 2022
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Kuwait
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Kuwait
Price for Metals; Silver, Unwrought, (But Not Powder) in Kuwait (CIF) - 2022
In 2022, the average import price for metals; silver, unwrought, (but not powder) amounted to $875,631 per ton, growing by 2.9% against the previous year. Overall, the import price saw prominent growth. The growth pace was the most rapid in 2018 an increase of 88% against the previous year. Over the period under review, average import prices reached the peak figure at $1,322,811 per ton in 2019; however, from 2020 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 the United Arab Emirates ($908,750 per ton), while the price for Germany ($350,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.5%), while the prices for the other major suppliers experienced a decline.
Price for Metals; Silver, Unwrought, (But Not Powder) in Kuwait (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $1,004,917 per ton in 2022, growing by 5.2% against the previous year. In general, the export price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 73% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($1,133,333 per ton), while the average price for exports to the United Arab Emirates amounted to $986,571 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+75.9%).
Imports of Metals; Silver, Unwrought, (But Not Powder) in Kuwait
Imports of metals; silver, unwrought, (but not powder) into Kuwait expanded markedly to 6.5 tons in 2022, picking up by 12% against the previous year. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 6,162% against the previous year. As a result, imports reached the peak of 11 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of metals; silver, unwrought, (but not powder) surged to $5.7M in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 3,379% against the previous year. As a result, imports attained the peak of $7.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.1 | 0.9 | 1.4 | 4.4 | 253.0% |
| United Arab Emirates | 0.1 | 6.8 | 3.3 | 1.2 | 128.9% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 0.2 | 7.8 | 4.9 | 5.7 | 205.5% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Kuwait in 2022:
- Turkey (5.1 tons)
- United Arab Emirates (1.3 tons)
Exports of Metals; Silver, Unwrought, (But Not Powder) in Kuwait
In 2022, the amount of metals; silver, unwrought, (but not powder) exported from Kuwait expanded remarkably to 24 kg, increasing by 9.1% on the previous year's figure. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.4% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 43% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of metals; silver, unwrought, (but not powder) amounted to $24K in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 98%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 8.6 | 16.4 | 18.1 | 20.7 | 34.0% |
| Qatar | 0.7 | 1.9 | 3.0 | 3.4 | 69.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.3 | 18.3 | 21.0 | 24.1 | 37.4% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Kuwait in 2022:
- United Arab Emirates (21.0 kg)
- Qatar (3.0 kg)
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