Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kuwait - 2022
Contents:
- Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kuwait (CIF) - 2022
- Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kuwait
Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kuwait (CIF) - 2022
In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $9,058 per ton, surging by 1.8% against the previous year. Over the period under review, the import price showed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 102% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($37,000 per ton), while the price for India ($3,984 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+221.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kuwait
For the third consecutive year, Kuwait recorded decline in supplies from abroad of textile fabrics; tyrecord of high tenacity yarn of polyesters, which decreased by -58.7% to 375 kg in 2022. In general, imports faced a dramatic downturn. The smallest decline of -11.7% was in 2021.
In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters contracted rapidly to $3K in 2022. Over the period under review, imports recorded a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year.
| Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | N/A | 0.8 | 0% |
| Australia | 0.6 | 0.2 | 1.3 | 0.6 | 0.0% |
| Germany | N/A | N/A | N/A | 0.6 | 0% |
| China | 4.7 | 1.0 | 1.2 | 0.5 | -52.6% |
| India | 1.8 | 1.4 | 1.2 | 0.2 | -51.9% |
| United States | 0.7 | 0.9 | 0.9 | 0.2 | -34.1% |
| Others | 5.3 | 1.5 | 2.6 | N/A | -30.0% |
| Total | 13.0 | 4.9 | 7.2 | 3.0 | -38.7% |
Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Kuwait in 2022:
- Saudi Arabia (96.0 kg)
- Australia (79.0 kg)
- Germany (79.0 kg)
- India (61.0 kg)
- China (55.0 kg)
- United States (5.0 kg)
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