Quartzite Price in Kuwait - 2022
Contents:
Quartzite Price in Kuwait (CIF) - 2022
The average quartzite import price stood at $610 per ton in 2022, growing by 9.7% against the previous year. Overall, the import price posted notable growth. The most prominent rate of growth was recorded in 2017 an increase of 47%. Over the period under review, average import prices hit record highs at $1,133 per ton in 2018; however, from 2019 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 Egypt ($964 per ton), while the price for Iran ($320 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Quartzite Imports in Kuwait
For the third consecutive year, Kuwait recorded decline in overseas purchases of quartzite, which decreased by -40% to 205 tons in 2022. Over the period under review, imports faced a deep contraction. The smallest decline of -3.1% was in 2021.
In value terms, quartzite imports declined rapidly to $125K in 2022. In general, imports recorded a precipitous decrease. The smallest decline of -24.1% was in 2020.
| Import of Quartzite in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 36.3 | 83.0 | 50.6 | 58.6 | 17.3% |
| Iran | 282 | 159 | 127 | 28.3 | -53.5% |
| Egypt | 0.1 | 0.3 | 1.0 | 26.3 | 540.7% |
| Others | 28.6 | 20.7 | 11.3 | 11.9 | -25.3% |
| Total | 347 | 263 | 190 | 125 | -28.8% |
Top Suppliers of Quartzite to Kuwait in 2022:
- Iran (88.4 tons)
- India (83.7 tons)
- Egypt (27.3 tons)
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