Kuwait - Silver, Unwrought Or In Powder Form - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnwrought Silver Price in Kuwait - 2021
Contents:
- Unwrought Silver Price in Kuwait (CIF) - 2022
- Unwrought Silver Price in Kuwait (FOB) - 2022
- Unwrought Silver Imports in Kuwait
- Unwrought Silver Exports in Kuwait
Unwrought Silver Price in Kuwait (CIF) - 2022
The average unwrought silver import price stood at $665,775 per ton in 2022, picking up by 1.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 91%. The import price peaked at $1,336,330 per ton in 2014; however, from 2015 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 United Arab Emirates ($693,770 per ton), while the price for Germany ($117,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced a decline.
Unwrought Silver Price in Kuwait (FOB) - 2022
The average unwrought silver export price stood at $1,048,609 per ton in 2022, surging by 9.8% against the previous year. Over the period under review, the export price recorded a pronounced increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 44% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($1,133,333 per ton), while the average price for exports to the United Arab Emirates stood at $1,035,900 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+75.9%).
Unwrought Silver Imports in Kuwait
In 2022, overseas purchases of silver, unwrought or in powder form decreased by -10.3% to 253 kg, falling for the second year in a row after two years of growth. In general, imports showed a slight shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of 312 kg. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, unwrought silver imports contracted to $168K in 2022. Overall, imports continue to indicate a drastic downturn.
Import of Unwrought Silver in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 161 | 193 | 173 | 157 | -0.8% |
United States | 6.6 | 5.6 | 5.4 | 5.2 | -7.6% |
Switzerland | 19.0 | 1.7 | 5.3 | 5.0 | -35.9% |
Germany | 8.3 | 0.2 | 0.1 | 0.2 | -71.1% |
Others | 26.3 | 0.9 | 1.1 | 1.3 | -63.3% |
Total | 221 | 202 | 184 | 168 | -8.7% |
Top Suppliers of Unwrought Silver to Kuwait in 2022:
- United Arab Emirates (226.0 kg)
- United States (10.0 kg)
- Switzerland (10.0 kg)
- Germany (2.0 kg)
Unwrought Silver Exports in Kuwait
In 2022, the amount of silver, unwrought or in powder form exported from Kuwait was estimated at 23 kg, with an increase of 4.5% compared with 2021 figures. Over the period under review, exports saw temperate growth. The growth pace was the most rapid in 2020 with an increase of 110% against the previous year. As a result, the exports attained the peak of 42 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, unwrought silver exports expanded markedly to $24K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 200% against the previous year. As a result, the exports reached the peak of $28K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Unwrought Silver in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 8.6 | 16.4 | 18.1 | 20.7 | 34.0% |
Qatar | 0.7 | 1.9 | 3.0 | 3.4 | 69.4% |
United Kingdom | N/A | 9.5 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.3 | 27.8 | 21.0 | 24.1 | 37.4% |
Top Export Markets for Unwrought Silver from Kuwait in 2022:
- United Arab Emirates (20.0 kg)
- Qatar (3.0 kg)
This report provides an in-depth analysis of the unwrought silver market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24411030 - Silver, unwrought or in powder form (including plated with gold or platinum)
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the unwrought silver market in Kuwait.
This report provides an in-depth analysis of the silver market in Kuwait.
This report provides an in-depth analysis of the semi-manufactured silver market in Kuwait.
This report provides an in-depth analysis of the global unwrought silver market.
This report provides an in-depth analysis of the global silver market.
This report provides an in-depth analysis of the global semi-manufactured silver market.
This report provides an in-depth analysis of the unwrought silver market in Kuwait.
This report provides an in-depth analysis of the silver market in Kuwait.
This report provides an in-depth analysis of the semi-manufactured silver market in Kuwait.
This report provides an in-depth analysis of the global unwrought silver market.
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Explore the world's best import markets for unwrought silver, including key statistics and factors driving demand. Learn about the top countries and their import values.
The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....
Explore the top import markets for silver and the key statistics behind their import values. Learn about the leading countries in the global trade of silver and the factors driving their demand. Gain insights from the IndexBox market intelligence platform.
In 2016, approx. X tons of silver were imported worldwide- coming down by -X% against the previous year figure. In general, silver imports continue to indicate a moderate decline. The pace of gr...