Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait - 2022
Contents:
- Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait (CIF) - 2022
- Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait (FOB) - 2022
- Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait
- Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait
Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait (CIF) - 2022
In 2022, the average import price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $1,699 per ton, declining by -2.8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the peak figure at $3,189 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 Vietnam ($3,723 per ton), while the price for Germany ($938 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait (FOB) - 2022
The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $3,270 per ton in 2022, dropping by -3.8% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 50% against the previous year. As a result, the export price reached the peak level of $3,569 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($9,705 per ton), while the average price for exports to the United Arab Emirates amounted to $1,994 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+13.6%).
Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait
In 2022, approx. 233 tons of wood; assembled flooring panels, other than multilayer or mosaic were imported into Kuwait; dropping by -21.5% against the previous year. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 140% against the previous year.
In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic shrank markedly to $396K in 2022. Overall, imports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 90% against the previous year.
| Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 169 | 46.9 | 82.7 | 57.6 | -30.1% |
| Germany | 109 | 51.7 | 15.2 | 54.4 | -20.7% |
| China | 34.6 | 44.0 | 72.2 | 46.8 | 10.6% |
| Saudi Arabia | 38.9 | 8.6 | 58.2 | 37.7 | -1.0% |
| United Arab Emirates | 67.8 | 4.7 | 34.8 | 22.5 | -30.8% |
| Italy | 139 | 6.7 | 12.6 | 17.6 | -49.8% |
| Austria | 48.6 | 11.8 | 18.2 | 11.0 | -39.1% |
| Others | 715 | 98.9 | 225 | 148 | -40.8% |
| Total | 1,323 | 273 | 519 | 396 | -33.1% |
Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to Kuwait in 2022:
- Germany (58.0 tons)
- India (50.3 tons)
- Saudi Arabia (27.6 tons)
- China (26.2 tons)
- United Arab Emirates (14.8 tons)
- Italy (12.8 tons)
- Austria (8.4 tons)
Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait
In 2022, after three years of growth, there was significant decline in overseas shipments of wood; assembled flooring panels, other than multilayer or mosaic, when their volume decreased by -18.7% to 12 tons. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 258% against the previous year.
In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic declined dramatically to $41K in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 334% against the previous year.
| Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.7 | 17.3 | 24.8 | 20.6 | 53.5% |
| Saudi Arabia | 1.0 | 11.9 | 27.0 | 20.0 | 171.4% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 6.8 | 29.4 | 52.0 | 40.7 | 81.6% |
Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from Kuwait in 2022:
- United Arab Emirates (10.3 tons)
- Saudi Arabia (2.1 tons)
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