Price for Prefabricated Buildings of Wood in Kuwait - 2021
Contents:
- Price for Prefabricated Buildings of Wood in Kuwait (CIF) - 2022
- Imports of Prefabricated Buildings of Wood in Kuwait
Price for Prefabricated Buildings of Wood in Kuwait (CIF) - 2022
The average prefabricated buildings of wood import price stood at $28,606 per unit in 2022, surging by 9.6% against the previous year. In general, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 46%. Over the period under review, average import prices reached the peak figure at $45,090 per unit in 2020; however, from 2021 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 the United Arab Emirates ($28,514 per unit), while the price for Turkey ($18,237 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Prefabricated Buildings of Wood in Kuwait
In 2022, approx. 75 units of prefabricated buildings of wood were imported into Kuwait; shrinking by -47.9% compared with the previous year. In general, imports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 1,100%. Imports peaked at 148 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, prefabricated buildings of wood imports fell dramatically to $2.1M in 2022. Overall, imports faced a sharp decline. The growth pace was the most rapid in 2021 when imports increased by 620%. Imports peaked at $4.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Prefabricated Buildings of Wood in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,044 | 19.0 | 3,076 | 1,418 | 10.7% |
| United Arab Emirates | 2,961 | 348 | 59.5 | 324 | -52.2% |
| Turkey | 97.1 | 0.6 | 80.3 | 31.4 | -31.4% |
| Others | 458 | 152 | 532 | 361 | -7.6% |
| Total | 4,560 | 520 | 3,748 | 2,134 | -22.4% |
Top Suppliers of Prefabricated Buildings of Wood to Kuwait in 2022:
- Saudi Arabia (58.0 units)
- United Arab Emirates (11.0 units)
- Turkey (2.0 units)
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