Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,121 per ton, with an increase of 1.5% against the previous year. Overall, the import price showed a prominent expansion. The pace of growth was the most pronounced in 2019 an increase of 65%. As a result, import price reached the peak level of $5,452 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bahrain ($5,121 per ton), while the price for Japan amounted to $5,117 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+41.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait (FOB) - 2022
In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $4,780 per ton, picking up by 358% against the previous year. Over the period under review, the export price saw prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2013 to 2022, the rate of growth in terms of prices for Qatar amounted to +4.2% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait
In 2022, approx. 18 tons of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were imported into Kuwait; picking up by 780% compared with 2021 figures. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $92K in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 7.8 | 2.9 | 4.6 | 89.6 | 125.6% |
| Japan | 0.3 | 0.2 | 0.7 | 2.5 | 102.7% |
| Netherlands | 3.1 | 0.6 | 3.2 | N/A | 1.6% |
| Others | 1.1 | 0.6 | 1.9 | N/A | 31.4% |
| Total | 12.2 | 4.2 | 10.3 | 92.1 | 96.2% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Kuwait in 2022:
- Bahrain (17.5 tons)
- Japan (0.5 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait
In 2022, approx. 82 kg of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were exported from Kuwait; which is down by -97.4% against the previous year. Over the period under review, exports recorded a precipitous descent. The smallest decline of -92.7% was in 2021.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms dropped significantly to $392 in 2022. Overall, exports recorded a precipitous slump.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Qatar | N/A | N/A | 0.4 | 0% | |
| India | N/A | 3.3 | N/A | 0% | |
| United Arab Emirates | 35.6 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 35.6 | 3.3 | 0.4 | -89.4% | |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Kuwait in 2022:
- Qatar (82.0 kg)
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