Price for Metals; Palladium, Unwrought or in Powder Form in Kuwait - 2022

Contents:

  1. Price for Metals; Palladium, Unwrought or in Powder Form in Kuwait (CIF) - 2022
  2. Imports of Metals; Palladium, Unwrought or in Powder Form in Kuwait

Price for Metals; Palladium, Unwrought or in Powder Form in Kuwait (CIF) - 2022

The average import price for metals; palladium, unwrought or in powder forms stood at $42,774,000 per ton in 2022, waning by -20.5% against the previous year. In general, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 63% against the previous year. As a result, import price reached the peak level of $53,817 per kg, and then reduced remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.4% per year.

Imports of Metals; Palladium, Unwrought or in Powder Form in Kuwait

In 2022, overseas purchases of metals; palladium, unwrought or in powder forms decreased by 0% to 4 kg, falling for the second consecutive year after two years of growth. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 decreased by -20.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 67%. As a result, imports reached the peak of 5 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of metals; palladium, unwrought or in powder forms contracted remarkably to $171K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +62.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 57%.

Import of Metals; Palladium, Unwrought or in Powder Form in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10316521517118.4%
Germany2.5N/AN/AN/A0%
OthersN/AN/AN/A0.20%
Total10516521517117.7%

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to Kuwait in 2022:

  1. United States (4.0 kg)

Source: IndexBox Market Intelligence Platform

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