Price for Silk; Woven Fabrics of Noil Silk in Kuwait - 2022
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in Kuwait (CIF) - 2022
- Price for Silk; Woven Fabrics of Noil Silk in Kuwait (FOB) - 2022
- Imports of Silk; Woven Fabrics of Noil Silk in Kuwait
- Exports of Silk; Woven Fabrics of Noil Silk in Kuwait
Price for Silk; Woven Fabrics of Noil Silk in Kuwait (CIF) - 2022
The average import price for silk; woven fabrics of noil silks stood at $110,455 per ton in 2022, rising by 48% against the previous year. In general, the import price, however, recorded a noticeable descent. The import price peaked at $139,020 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($325,750 per ton), while the price for India ($15,459 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silk; Woven Fabrics of Noil Silk in Kuwait (FOB) - 2022
In 2021, the average export price for silk; woven fabrics of noil silks amounted to $36,952 per ton, approximately equating the previous year. In general, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $41,000 per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($138,000 per ton), while the average price for exports to Saudi Arabia amounted to $26,316 per ton.
From 2019 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+83.5%).
Imports of Silk; Woven Fabrics of Noil Silk in Kuwait
In 2022, overseas purchases of silk; woven fabrics of noil silks decreased by -36.9% to 101 kg, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 when imports increased by 98% against the previous year. As a result, imports reached the peak of 743 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of silk; woven fabrics of noil silks shrank to $11K in 2022. In general, imports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2020 when imports increased by 25%. As a result, imports reached the peak of $38K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Silk; Woven Fabrics of Noil Silk in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.8 | 2.0 | 1.6 | 1.8 | 31.0% |
| Egypt | 0.7 | 2.0 | 2.0 | 1.6 | 31.7% |
| China | 3.3 | 4.9 | 1.6 | 1.6 | -21.4% |
| Italy | 15.5 | 2.8 | 0.5 | 1.5 | -54.1% |
| United States | 3.3 | 4.8 | 3.2 | 1.3 | -26.7% |
| France | 2.1 | 4.8 | 0.8 | 1.0 | -21.9% |
| South Korea | N/A | N/A | N/A | 0.8 | 0% |
| India | 2.8 | 1.3 | 1.3 | 0.6 | -40.2% |
| Malaysia | N/A | 0.5 | N/A | N/A | 0% |
| Indonesia | N/A | 13.3 | N/A | N/A | 0% |
| Others | 1.4 | 1.2 | 1.0 | 1.1 | -7.7% |
| Total | 30.0 | 37.6 | 11.9 | 11.2 | -28.0% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to Kuwait in 2022:
- India (37.0 kg)
- China (21.0 kg)
- United Kingdom (11.0 kg)
- Italy (7.0 kg)
- Egypt (7.0 kg)
- United States (4.0 kg)
- France (4.0 kg)
- South Korea (3.0 kg)
Exports of Silk; Woven Fabrics of Noil Silk in Kuwait
In 2021, approx. 21 kg of silk; woven fabrics of noil silks were exported from Kuwait; standing approx. at the previous year. Overall, exports saw significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum in 2021 and are likely to see steady growth in the near future.
In value terms, exports of silk; woven fabrics of noil silks totaled $776 in 2021. In general, exports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in years to come.
| Export of Silk; Woven Fabrics of Noil Silk in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Saudi Arabia | N/A | N/A | 500 | 0% | |
| United Arab Emirates | 82.0 | N/A | 276 | 83.5% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 82.0 | N/A | 776 | 207.6% | |
Top Export Markets for Silk; Woven Fabrics of Noil Silk from Kuwait in 2022:
- Saudi Arabia (19.0 kg)
- United Arab Emirates (2.0 kg)
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