Price for Cutlery; Other than Plated with Precious Metal in Kuwait - 2022
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Kuwait (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in Kuwait (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Kuwait
- Exports of Cutlery; Other than Plated with Precious Metal in Kuwait
Price for Cutlery; Other than Plated with Precious Metal in Kuwait (CIF) - 2022
The average import price for cutlery; other than plated with precious metals stood at $13,226 per ton in 2022, surging by 65% against the previous year. Over the period under review, the import price recorded resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($13,163 per ton), while the price for Pakistan ($4,491 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cutlery; Other than Plated with Precious Metal in Kuwait (FOB) - 2022
In 2022, the average export price for cutlery; other than plated with precious metals amounted to $10,365 per ton, growing by 68% against the previous year. In general, the export price continues to indicate a resilient increase. The growth pace was the most rapid in 2021 an increase of 78%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($10,440 per ton), while the average price for exports to the United Arab Emirates totaled $10,365 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+279.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in Kuwait
In 2022, the amount of cutlery; other than plated with precious metals imported into Kuwait contracted rapidly to 294 tons, reducing by -44.7% against the year before. Overall, imports saw a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 41%.
In value terms, imports of cutlery; other than plated with precious metals reduced to $3.9M in 2022. Over the period under review, imports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, imports attained the peak of $4.3M, and then reduced in the following year.
| Import of Cutlery; Other than Plated with Precious Metal in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,068 | 1,504 | 2,171 | 1,812 | -4.3% |
| India | 700 | 614 | 641 | 573 | -6.5% |
| Italy | 131 | 119 | 240 | 394 | 44.3% |
| Japan | 461 | 223 | 498 | 334 | -10.2% |
| Vietnam | 136 | 359 | 136 | 303 | 30.6% |
| Turkey | 137 | 90.1 | 28.5 | 143 | 1.4% |
| Pakistan | 61.9 | 11.6 | 47.3 | 23.4 | -27.7% |
| Others | 513 | 456 | 514 | 309 | -15.5% |
| Total | 4,208 | 3,377 | 4,276 | 3,892 | -2.6% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Kuwait in 2022:
- China (137.7 tons)
- India (43.5 tons)
- Italy (30.0 tons)
- Japan (25.4 tons)
- Vietnam (23.0 tons)
- Turkey (10.8 tons)
- Pakistan (5.2 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Kuwait
In 2022, exports of cutlery; other than plated with precious metals from Kuwait skyrocketed to 16 tons, rising by 2,704% compared with the year before. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cutlery; other than plated with precious metals surged to $166K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cutlery; Other than Plated with Precious Metal in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 8.6 | 3.5 | 164 | 336.7% |
| Iraq | N/A | 1.3 | N/A | 0.7 | -26.6% |
| Qatar | 0.7 | 2.1 | N/A | 0.3 | -24.6% |
| Iran | 3.0 | 3.6 | N/A | N/A | 20.0% |
| Saudi Arabia | 3.0 | N/A | N/A | N/A | 0% |
| Others | 3.2 | N/A | N/A | 0.3 | -54.6% |
| Total | 9.8 | 15.6 | 3.5 | 166 | 156.8% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Kuwait in 2022:
- United Arab Emirates (15.9 tons)
- Iraq (0.1 tons)
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