Metals; Platinum, Semi-Manufactured Price in Kuwait - 2022

Contents:

  1. Metals; Platinum, Semi-Manufactured Price in Kuwait (FOB) - 2022
  2. Metals; Platinum, Semi-Manufactured Price in Kuwait (CIF) - 2022
  3. Metals; Platinum, Semi-Manufactured Exports in Kuwait
  4. Metals; Platinum, Semi-Manufactured Imports in Kuwait

Metals; Platinum, Semi-Manufactured Price in Kuwait (FOB) - 2022

The average metals; platinum, semi-manufactured export price stood at $34,834,647 per ton in 2022, reducing by -62.7% against the previous year. Overall, the export price, however, recorded a prominent expansion. The export price peaked at $93,287,000 per ton in 2021, and then reduced notably in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($34,934,000 per ton), while the average price for exports to India stood at $34,793,250 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+33.5%).

Metals; Platinum, Semi-Manufactured Price in Kuwait (CIF) - 2022

The average metals; platinum, semi-manufactured import price stood at $1,901,000 per ton in 2022, jumping by 31% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2017 an increase of 562%. The import price peaked at $11,278,750 per ton in 2012; however, from 2013 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 Austria ($6,082,000 per ton), while the price for Germany ($114,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+9.8%), while the prices for the other major suppliers experienced a decline.

Metals; Platinum, Semi-Manufactured Exports in Kuwait

In 2022, exports of metals; platinum, semi-manufactureds from Kuwait surged to 17 kg, increasing by 1,600% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metals; platinum, semi-manufactured exports surged to $592K in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Metals; Platinum, Semi-Manufactured in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A4180%
FranceN/AN/AN/A1750%
GermanyN/AN/A93.3N/A0%
Turkey145N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total145N/A93.359259.8%

Top Export Markets for Metals; Platinum, Semi-Manufactured from Kuwait in 2022:

  1. India (12.0 kg)
  2. France (5.0 kg)

Metals; Platinum, Semi-Manufactured Imports in Kuwait

Metals; platinum, semi-manufactured imports into Kuwait totaled 4 kg in 2022, remaining constant against the year before. Over the period under review, imports saw a relatively flat trend pattern. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, metals; platinum, semi-manufactured imports surged to $7.6K in 2022. In general, imports faced a precipitous shrinkage.

Import of Metals; Platinum, Semi-Manufactured in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria10.47.54.56.1-16.3%
Switzerland1.61.20.71.0-14.5%
Turkey1.5N/A0.30.4-35.6%
Germany1.70.70.20.1-61.1%
OthersN/AN/AN/AN/A0%
Total15.39.45.87.6-20.8%

Top Suppliers of Metals; Platinum, Semi-Manufactured to Kuwait in 2022:

  1. Switzerland (1.0 kg)
  2. Turkey (1.0 kg)
  3. Austria (1.0 kg)
  4. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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