Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kuwait - 2022

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kuwait (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kuwait (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kuwait
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kuwait

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kuwait (CIF) - 2022

In 2022, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $565 per ton, remaining stable against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2019 an increase of 46%. The import price peaked at $975 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,811 per ton), while the price for Iran ($147 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kuwait (FOB) - 2022

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,241 per ton, declining by -1.7% against the previous year. In general, the export price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2014 an increase of 84%. The export price peaked at $1,263 per ton in 2021, and then contracted modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,929 per ton), while the average price for exports to the United Arab Emirates ($333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+11.6%), while the prices for the other major destinations experienced a decline.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kuwait

After two years of decline, overseas purchases of granules and powders, of pig iron, spiegeleisen, iron or steels increased by 66% to 894 tons in 2022. In general, imports, however, showed a dramatic shrinkage.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $506K in 2022. Overall, imports, however, faced a dramatic setback.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Kuwait in 2022:

1. France (430.8 tons)
2. China (163.1 tons)
3. India (82.6 tons)
4. Iran (80.6 tons)
5. Thailand (36.5 tons)
6. United Arab Emirates (35.3 tons)
7. Ukraine (25.3 tons)
8. South Korea (7.8 tons)
9. Germany (1.9 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kuwait

For the fourth consecutive year, Kuwait recorded growth in overseas shipments of granules and powders, of pig iron, spiegeleisen, iron or steels, which increased by 19% to 144 tons in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 57% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels skyrocketed to $179K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 134% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Kuwait in 2022:

1. Bahrain (96.8 tons)
2. India (34.4 tons)
3. Saudi Arabia (7.3 tons)
4. United Arab Emirates (5.8 tons)