Price for Wigs; Complete, of Synthetic Textile Materials in Kuwait - 2022

Contents:

1. Price for Wigs; Complete, of Synthetic Textile Materials in Kuwait (CIF) - 2022
2. Price for Wigs; Complete, of Synthetic Textile Materials in Kuwait (FOB) - 2022
3. Imports of Wigs; Complete, of Synthetic Textile Materials in Kuwait
4. Exports of Wigs; Complete, of Synthetic Textile Materials in Kuwait

Price for Wigs; Complete, of Synthetic Textile Materials in Kuwait (CIF) - 2022

In 2022, the average import price for wigs; complete, of synthetic textile materialses amounted to $35 per unit, surging by 28% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 wigs; complete, of synthetic textile materialses decreased by -18.6% against 2018 indices. The growth pace was the most rapid in 2015 when the average import price increased by 62%. As a result, import price reached the peak level of $49 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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 Italy ($140 per unit), while the price for India ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wigs; Complete, of Synthetic Textile Materials in Kuwait (FOB) - 2022

In 2022, the average export price for wigs; complete, of synthetic textile materialses amounted to $84 per unit, falling by -5.9% against the previous year. In general, the export price, however, saw a remarkable increase. The growth pace was the most rapid in 2017 an increase of 69%. The export price peaked at $89 per unit in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +12.3% per year.

Imports of Wigs; Complete, of Synthetic Textile Materials in Kuwait

In 2022, imports of wigs; complete, of synthetic textile materialses into Kuwait shrank notably to 5.8K units, dropping by -44% on the year before. Overall, imports showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 134% against the previous year. As a result, imports reached the peak of 10K units, and then fell notably in the following year.

In value terms, imports of wigs; complete, of synthetic textile materialses reduced dramatically to $203K in 2022. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. As a result, imports reached the peak of $284K, and then contracted markedly in the following year.

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Kuwait in 2022:

1. China (4.5K units)
2. Indonesia (0.5K units)
3. Vietnam (0.2K units)
4. United States (0.1K units)

Exports of Wigs; Complete, of Synthetic Textile Materials in Kuwait

For the third year in a row, Kuwait recorded decline in overseas shipments of wigs; complete, of synthetic textile materialses, which decreased by -70.3% to 11 units in 2022. Over the period under review, exports faced a dramatic decline. The smallest decline of -28% was in 2020. Over the period under review, the exports of attained the peak figure at 75 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of wigs; complete, of synthetic textile materialses shrank significantly to $923 in 2022. In general, exports saw a sharp downturn. The smallest decline of -5.3% was in 2020. Over the period under review, the exports of hit record highs at $3.9K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Kuwait in 2022:

1. Saudi Arabia (11.0 units)

Source: IndexBox Market Intelligence Platform