Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait - 2022
Contents:
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait (CIF) - 2022
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait (FOB) - 2022
- Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait
- Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait (CIF) - 2022
In 2022, the average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $5.7 per unit, growing by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2020 an increase of 13% against the previous year. The import price peaked 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 Poland ($24 per unit), while the price for Bulgaria ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait (FOB) - 2022
In 2022, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $3.6 per unit, reducing by -13.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 84% against the previous year. The export price peaked at $6 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($13 per unit), while the average price for exports to Malaysia ($1.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait
In 2022, approx. 193K units of stemware drinking glasses, other than of lead crystal or glass-ceramicses were imported into Kuwait; picking up by 28% compared with the previous year's figure. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses soared to $1.1M in 2022. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 111% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 89.9 | 39.0 | 116 | 216 | 33.9% |
| China | 141 | 76.7 | 292 | 213 | 14.7% |
| Poland | 29.4 | 15.2 | 20.0 | 111 | 55.7% |
| United States | 55.4 | 55.3 | 81.3 | 109 | 25.3% |
| France | 69.3 | 26.6 | 54.4 | 106 | 15.2% |
| Germany | 6.5 | 13.1 | 50.1 | 55.8 | 104.8% |
| Italy | 29.9 | 11.6 | 24.5 | 40.8 | 10.9% |
| India | 45.8 | 29.9 | 21.7 | 30.5 | -12.7% |
| Netherlands | 13.1 | 13.7 | 22.0 | 29.5 | 31.1% |
| Indonesia | 25.5 | 11.7 | 6.6 | 18.6 | -10.0% |
| Bulgaria | 22.8 | 4.6 | 7.9 | 14.5 | -14.0% |
| Egypt | 14.0 | 5.4 | 5.2 | 9.8 | -11.2% |
| Romania | 3.4 | 3.4 | 5.1 | 6.9 | 26.6% |
| Others | 88.5 | 84.1 | 116 | 132 | 14.3% |
| Total | 635 | 390 | 824 | 1,093 | 19.8% |
Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Kuwait in 2022:
- Turkey (44.3K units)
- China (43.7K units)
- France (21.8K units)
- United States (15.2K units)
- Bulgaria (7.7K units)
- Germany (6.5K units)
- India (6.3K units)
- Netherlands (6.1K units)
- Poland (4.5K units)
- Italy (4.3K units)
- Egypt (4.2K units)
- Indonesia (3.8K units)
- Romania (3.1K units)
Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait
In 2022, the amount of stemware drinking glasses, other than of lead crystal or glass-ceramicses exported from Kuwait surged to 3K units, growing by 277% against 2021. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses soared to $11K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 856 | 1,246 | 1,046 | 2,434 | 41.7% |
| Bahrain | 154 | 1,070 | 775 | 1,880 | 130.3% |
| Qatar | 114 | 803 | 654 | 1,785 | 150.2% |
| Malaysia | N/A | N/A | N/A | 1,480 | 0% |
| Oman | 162 | 263 | 260 | 1,224 | 96.2% |
| United Arab Emirates | 711 | 1,463 | 340 | 630 | -4.0% |
| Others | 233 | 220 | 214 | 1,307 | 77.7% |
| Total | 2,230 | 5,065 | 3,289 | 10,740 | 68.9% |
Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Kuwait in 2022:
- Malaysia (1233.0 units)
- Saudi Arabia (748.0 units)
- Bahrain (572.0 units)
- Oman (204.0 units)
- Qatar (142.0 units)
- United Arab Emirates (27.0 units)
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