Price for Slide Fasteners and Parts Thereof in Kuwait - 2022

Contents:

1. Price for Slide Fasteners and Parts Thereof in Kuwait (CIF) - 2022
2. Price for Slide Fasteners and Parts Thereof in Kuwait (FOB) - 2022
3. Imports of Slide Fasteners and Parts Thereof in Kuwait
4. Exports of Slide Fasteners and Parts Thereof in Kuwait

Price for Slide Fasteners and Parts Thereof in Kuwait (CIF) - 2022

The average import price for slide fasteners and parts thereoves stood at $0.2 per unit in 2022, picking up by 8.5% against the previous year. Overall, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2020 an increase of 77% against the previous year. As a result, import price attained the peak level of $0.2 per unit. From 2021 to 2022, the average 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 India ($0.3 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Slide Fasteners and Parts Thereof in Kuwait (FOB) - 2022

The average export price for slide fasteners and parts thereoves stood at $0.3 per unit in 2022, picking up by 58% against the previous year. Over the period under review, the export price, however, recorded a noticeable downturn. Over the period under review, the average export prices attained the peak figure at $0.5 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($0.3 per unit), while the average price for exports to Saudi Arabia amounted to $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Slide Fasteners and Parts Thereof in Kuwait

In 2022, slide fasteners and parts thereof imports into Kuwait shrank modestly to 442K units, dropping by -1.6% against the year before. In general, imports faced a precipitous contraction. Imports peaked at 8M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, slide fasteners and parts thereof imports reached $75K in 2022. Over the period under review, imports continue to indicate a dramatic downturn. Imports peaked at $784K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Slide Fasteners and Parts Thereof to Kuwait in 2022:

1. China (428.7K units)
2. India (1.4K units)
3. Turkey (1.1K units)

Exports of Slide Fasteners and Parts Thereof in Kuwait

In 2022, after three years of growth, there was significant decline in overseas shipments of slide fasteners and parts thereoves, when their volume decreased by -38.4% to 2.5K units. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 537%. The exports peaked at 4K units in 2021, and then fell dramatically in the following year.

In value terms, slide fasteners and parts thereof exports reduced modestly to $775 in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 321% against the previous year. Over the period under review, the exports hit record highs at $798 in 2021, and then reduced modestly in the following year.

Top Export Markets for Slide Fasteners and Parts Thereof from Kuwait in 2022:

1. Oman (2093.0 units)
2. Saudi Arabia (394.0 units)

Source: IndexBox Market Intelligence Platform