Life-Jackets and Life-Belts Price in Kuwait - 2021
Contents:
- Life-Jackets and Life-Belts Price in Kuwait (CIF) - 2022
- Life-Jackets and Life-Belts Price in Kuwait (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Kuwait
- Life-Jackets and Life-Belts Exports in Kuwait
Life-Jackets and Life-Belts Price in Kuwait (CIF) - 2022
In 2022, the average life-jackets and life-belts import price amounted to $10,263 per ton, shrinking by -22.8% against the previous year. Over the period under review, the import price recorded a pronounced decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 35%. The import price peaked at $15,200 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($18,414 per ton), while the price for the United Arab Emirates ($4,044 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+49.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Life-Jackets and Life-Belts Price in Kuwait (FOB) - 2022
The average life-jackets and life-belts export price stood at $15,758 per ton in 2022, declining by -8% against the previous year. Overall, the export price showed a pronounced setback. The pace of growth was the most pronounced in 2018 an increase of 129%. As a result, the export price attained the peak level of $40,080 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($61,909 per ton), while the average price for exports to the United Arab Emirates ($2,258 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 (+7.1%), while the prices for the other major destinations experienced a decline.
Life-Jackets and Life-Belts Imports in Kuwait
Life-jackets and life-belts imports into Kuwait was estimated at 65 tons in 2022, picking up by 9.1% on the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt downturn.
In value terms, life-jackets and life-belts imports fell markedly to $667K in 2022. In general, imports, however, faced a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 46% against the previous year.
| Import of Life-Jackets and Life-Belts in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 249 | 44.0 | 51.7 | 220 | -4.0% |
| United States | 60.7 | 19.0 | 18.5 | 123 | 26.5% |
| China | 389 | 327 | 277 | 92.2 | -38.1% |
| Estonia | 161 | 11.2 | 49.8 | 56.1 | -29.6% |
| France | 8.7 | 16.8 | 15.0 | 25.8 | 43.7% |
| Cambodia | 3.2 | 12.4 | 21.6 | 23.0 | 93.0% |
| United Arab Emirates | 52.6 | 13.3 | 5.0 | 17.1 | -31.2% |
| United Kingdom | 82.8 | 27.4 | 15.6 | 10.1 | -50.4% |
| Bulgaria | N/A | N/A | 215 | N/A | 0% |
| Norway | 14.0 | N/A | N/A | N/A | 0% |
| Others | 158 | 70.9 | 123 | 99.4 | -14.3% |
| Total | 1,178 | 542 | 793 | 667 | -17.3% |
Top Suppliers of Life-Jackets and Life-Belts to Kuwait in 2022:
- India (29.3 tons)
- China (11.2 tons)
- United States (6.7 tons)
- United Arab Emirates (4.2 tons)
- Estonia (3.2 tons)
- France (3.1 tons)
- Cambodia (1.5 tons)
- United Kingdom (0.6 tons)
Life-Jackets and Life-Belts Exports in Kuwait
After three years of growth, shipments abroad of life-jackets and life-beltses decreased by -22.2% to 825 kg in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 173%.
In value terms, life-jackets and life-belts exports shrank rapidly to $13K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 131%. As a result, the exports reached the peak of $18K, and then dropped significantly in the following year.
| Export of Life-Jackets and Life-Belts in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3.9 | 6.4 | 15.2 | 11.0 | 41.3% |
| France | 0.3 | 0.2 | 2.3 | 1.4 | 67.1% |
| United Arab Emirates | N/A | 0.9 | N/A | 0.4 | -33.3% |
| India | N/A | N/A | N/A | 0.2 | 0% |
| Philippines | N/A | 0.4 | N/A | N/A | 0% |
| Oman | 0.3 | N/A | N/A | N/A | 0% |
| Maldives | N/A | N/A | 0.6 | N/A | 0% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 4.5 | 7.8 | 18.2 | 13.0 | 42.4% |
Top Export Markets for Life-Jackets and Life-Belts from Kuwait in 2022:
- Saudi Arabia (581.0 kg)
- United Arab Emirates (159.0 kg)
- India (62.0 kg)
- France (22.0 kg)
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