Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Kuwait - 2022
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Kuwait (CIF) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Kuwait
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Kuwait (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $7,170 per ton, with an increase of 79% against the previous year. Overall, the import price enjoyed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Turkey ($10,315 per ton), while the price for China ($1,090 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Kuwait
Imports of wadding; other articles thereof, of man-made fibreses into Kuwait skyrocketed to 59 tons in 2022, increasing by 75% against 2021. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, of man-made fibreses soared to $426K in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 35.5 | 29.6 | 19.7 | 245 | 90.4% |
| Turkey | 69.4 | 35.3 | 59.1 | 151 | 29.6% |
| China | 28.6 | 44.2 | 6.7 | 22.0 | -8.4% |
| Syrian Arab Republic | 11.3 | 15.0 | 21.0 | N/A | 36.3% |
| Saudi Arabia | 8.0 | 1.6 | 3.0 | N/A | -38.8% |
| Others | 24.4 | 22.4 | 26.8 | 8.2 | -30.5% |
| Total | 177 | 148 | 136 | 426 | 34.0% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Kuwait in 2022:
- Italy (23.7 tons)
- China (20.2 tons)
- Turkey (14.6 tons)
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