Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait - 2022
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait (CIF) - 2022
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait (FOB) - 2022
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait
- Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait (CIF) - 2022
The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $4,928 per ton in 2022, picking up by 6.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $5,250 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($7,436 per ton), while the price for Sweden ($1,665 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait (FOB) - 2022
In 2022, the average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $4,943 per ton, increasing by 163% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $5,330 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($5,112 per ton), while the average price for exports to Oman ($4,274 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 Oman (+718.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait
In 2022, approx. 158 tons of stainless steel, flat-rolled, width less than 600mm, cold-rolleds were imported into Kuwait; waning by -61.9% on the previous year. Overall, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 22%.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds declined sharply to $778K in 2022. In general, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year.
Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 325 | 449 | 732 | 258 | -7.4% |
India | 285 | 142 | 512 | 247 | -4.7% |
China | 298 | 273 | 28.1 | 82.4 | -34.9% |
Belgium | 144 | 49.4 | 69.4 | 37.0 | -36.4% |
Taiwan (Chinese) | 29.2 | 19.9 | 31.1 | 30.0 | 0.9% |
United Arab Emirates | 968 | 462 | 306 | 29.2 | -68.9% |
South Korea | 19.2 | 15.9 | 33.4 | 17.7 | -2.7% |
United States | 9.3 | 27.0 | 26.9 | 17.2 | 22.7% |
Sweden | 11.2 | 8.8 | 17.4 | 8.7 | -8.1% |
Netherlands | 34.8 | 49.3 | 61.6 | 7.8 | -39.3% |
Others | 151 | 61.3 | 97.7 | 43.0 | -34.2% |
Total | 2,274 | 1,557 | 1,916 | 778 | -30.1% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Kuwait in 2022:
- United Kingdom (53.4 tons)
- India (42.9 tons)
- China (17.1 tons)
- Belgium (11.3 tons)
- Taiwan (Chinese) (6.2 tons)
- United Arab Emirates (6.1 tons)
- Sweden (5.2 tons)
- United States (3.6 tons)
- Netherlands (2.5 tons)
- South Korea (2.4 tons)
Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait
In 2022, overseas shipments of stainless steel, flat-rolled, width less than 600mm, cold-rolleds decreased by -83% to 4.9 tons, falling for the second year in a row after two years of growth. In general, exports faced a precipitous setback. The growth pace was the most rapid in 2020 when exports increased by 0.8%. As a result, the exports attained the peak of 29 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds plummeted to $24K in 2022. Over the period under review, exports saw a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 3.2% against the previous year.
Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 55.4 | 52.0 | 52.2 | 19.7 | -29.2% |
Qatar | N/A | N/A | 1.3 | 3.4 | 161.5% |
Oman | N/A | N/A | 0.3 | 0.4 | 33.3% |
Others | N/A | N/A | N/A | 0.5 | 0% |
Total | 55.4 | 52.0 | 53.7 | 24.0 | -24.3% |
Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Kuwait in 2022:
- Iraq (3.9 tons)
- Qatar (0.8 tons)
- Oman (0.1 tons)
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