Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Kuwait - 2022

Contents:

1. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Kuwait (FOB) - 2022
2. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Kuwait (CIF) - 2022
3. Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Kuwait
4. Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Kuwait

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Kuwait (FOB) - 2022

In 2022, the average export price for woven fabrics of coarse animal hair or of horsehair amounted to $20,831 per ton, picking up by 5.3% against the previous year. Overall, the export price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2020 an increase of 48%. Over the period under review, the average export prices attained the maximum at $22,938 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($118,551 per ton), while the average price for exports to Saudi Arabia amounted to $18,787 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+20.8%).

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Kuwait (CIF) - 2022

In 2022, the average import price for woven fabrics of coarse animal hair or of horsehair amounted to $8,857 per ton, reducing by -32.4% against the previous year. Overall, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 269% against the previous year. The import price peaked at $30,662 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the UK ($73,040 per ton), while the price for Turkey ($4,752 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Kuwait

In 2022, the amount of woven fabrics of coarse animal hair or of horsehair exported from Kuwait expanded remarkably to 2.4 tons, picking up by 13% against the year before. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 23% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of woven fabrics of coarse animal hair or of horsehair skyrocketed to $50K in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 82% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Woven Fabrics of Coarse Animal Hair or of Horsehair from Kuwait in 2022:

1. Saudi Arabia (2.3 tons)

Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Kuwait

Imports of woven fabrics of coarse animal hair or of horsehair into Kuwait surged to 4.9 tons in 2022, with an increase of 47% compared with the previous year. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 74%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of woven fabrics of coarse animal hair or of horsehair reduced to $43K in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, imports attained the peak of $43K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Woven Fabrics of Coarse Animal Hair or of Horsehair to Kuwait in 2022:

1. Egypt (2077.0 kg)
2. Turkey (1798.0 kg)
3. Germany (729.0 kg)
4. United Kingdom (101.0 kg)

Source: IndexBox Market Intelligence Platform