Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait - 2022
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait (CIF) - 2022
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait (FOB) - 2022
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait
- Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait (CIF) - 2022
In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $13 per square meter, dropping by -14% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 23%. Over the period under review, average import prices attained the maximum at $17 per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($21 per square meter), while the price for Taiwan (Chinese) ($0.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait (FOB) - 2022
The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $5.5 per square meter in 2022, rising by 16% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 125%. As a result, the export price attained the peak level of $9.8 per square meter. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($8.9 per square meter), while the average price for exports to South Korea stood at $3.6 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+52.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait
Imports of woven fabrics of combed wool or of combed fine animal hair into Kuwait expanded sharply to 523K square meters in 2022, growing by 5.6% on the previous year. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair declined to $7M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of $7.7M, and then reduced in the following year.
| Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,778 | 994 | 1,923 | 2,654 | 14.3% |
| United Kingdom | 2,329 | 3,741 | 4,332 | 2,572 | 3.4% |
| China | 401 | 68.4 | 918 | 887 | 30.3% |
| Germany | 91.1 | 40.8 | 81.4 | 282 | 45.7% |
| India | 263 | 41.0 | 197 | 233 | -4.0% |
| United Arab Emirates | 24.9 | 1.0 | 23.1 | 52.8 | 28.5% |
| Taiwan (Chinese) | 24.5 | 26.7 | 28.7 | 36.0 | 13.7% |
| Others | 177 | 208 | 177 | 259 | 13.5% |
| Total | 5,088 | 5,121 | 7,681 | 6,976 | 11.1% |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Kuwait in 2022:
- China (136.7K square meters)
- Italy (127.3K square meters)
- United Kingdom (127.1K square meters)
- Taiwan (Chinese) (72.0K square meters)
- India (20.6K square meters)
- Germany (15.9K square meters)
- United Arab Emirates (11.2K square meters)
Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait
In 2022, shipments abroad of woven fabrics of combed wool or of combed fine animal hair was finally on the rise to reach 311 square meters after two years of decline. In general, exports, however, continue to indicate a deep setback. The exports peaked at 489 square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $1.7K in 2022. Overall, exports, however, showed a sharp decrease. The exports peaked at $4.7K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.7 | 1.7 | 0.2 | 1.0 | -35.3% |
| South Korea | 1.0 | 1.0 | 0.5 | 0.7 | -11.2% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 4.7 | 2.8 | 0.9 | 1.7 | -28.8% |
Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Kuwait in 2022:
- South Korea (201.0 square meters)
- United Arab Emirates (110.0 square meters)
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