Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait
  4. Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $8,472 per ton, increasing by 9.8% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, other than of cotton or man-made fibreses increased by +96.2% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 28%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($54,857 per ton), while the price for Taiwan (Chinese) ($1,077 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait (FOB) - 2022

The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $3,563 per ton in 2022, increasing by 44% against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. The export price peaked at $6,979 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($4,132 per ton), while the average price for exports to Bahrain amounted to $3,470 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-2.7%).

Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait

In 2022, the amount of wadding; other articles thereof, other than of cotton or man-made fibreses imported into Kuwait fell rapidly to 633 kg, declining by -40.4% against the previous year's figure. Over the period under review, imports saw a significant curtailment.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses shrank significantly to $5.4K in 2022. In general, imports showed a sharp descent. The smallest decline of -28.4% was in 2020.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1.71.60.90.9-19.1%
Italy5.23.11.40.8-46.4%
India5.83.71.40.8-48.3%
Greece3.12.50.80.5-45.6%
Oman2.41.60.70.4-45.0%
Germany3.01.60.60.3-53.6%
China4.45.90.20.3-59.1%
France1.61.00.30.2-50.0%
IrelandN/AN/AN/A0.20%
Saudi Arabia5.40.60.20.1-73.5%
South Korea2.51.10.30.1-65.8%
Spain0.80.40.20.1-50.0%
Taiwan (Chinese)0.20.1N/AN/A-50.0%
Others13.512.31.20.7-62.7%
Total49.635.58.25.4-52.3%

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Kuwait in 2022:

  1. Germany (146.0 kg)
  2. India (82.0 kg)
  3. Egypt (73.0 kg)
  4. Greece (64.0 kg)
  5. Oman (61.0 kg)
  6. Saudi Arabia (31.0 kg)
  7. China (30.0 kg)
  8. France (28.0 kg)
  9. Spain (22.0 kg)
  10. Ireland (20.0 kg)
  11. South Korea (17.0 kg)
  12. Italy (14.0 kg)
  13. Taiwan (Chinese) (13.0 kg)

Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait

In 2022, shipments abroad of wadding; other articles thereof, other than of cotton or man-made fibreses was finally on the rise to reach 268 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt slump.

In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses soared to $955 in 2022. In general, exports, however, saw a drastic downturn.

Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain870697323798-2.8%
Qatar51728792.0157-32.8%
SwedenN/AN/A80.0N/A0%
OthersN/AN/AN/AN/A0%
Total1,387984495955-11.7%

Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Kuwait in 2022:

  1. Bahrain (230.0 kg)
  2. Qatar (38.0 kg)

Source: IndexBox Market Intelligence Platform

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