Kuwait - Aluminium Tubes, Pipes And Tube Or Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAluminium Tube Price in Kuwait - 2021
Contents:
- Aluminium Tube Price in Kuwait (CIF) - 2022
- Aluminium Tube Price in Kuwait (FOB) - 2022
- Aluminium Tube Imports in Kuwait
- Aluminium Tube Exports in Kuwait
Aluminium Tube Price in Kuwait (CIF) - 2022
The average aluminium tube import price stood at $4,725 per ton in 2022, waning by -22% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium tube import price increased by +25.5% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44%. As a result, import price attained the peak level of $6,054 per ton, and then fell markedly in the following year.
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 UK ($21,414 per ton), while the price for Bahrain ($697 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Tube Price in Kuwait (FOB) - 2022
In 2022, the average aluminium tube export price amounted to $3,954 per ton, falling by -20.6% against the previous year. Overall, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2019 an increase of 50% against the previous year. Over the period under review, the average export prices hit record highs at $12,241 per ton in 2013; however, from 2014 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 Qatar ($10,251 per ton), while the average price for exports to Saudi Arabia ($3,479 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 Lebanon (+12.3%), while the prices for the other major destinations experienced mixed trend patterns.
Aluminium Tube Imports in Kuwait
In 2022, supplies from abroad of aluminium tubes, pipes and tube or pipe fittings was finally on the rise to reach 280 tons after two years of decline. In general, imports, however, showed a abrupt contraction.
In value terms, aluminium tube imports surged to $1.3M in 2022. Overall, imports, however, recorded a deep reduction.
Import of Aluminium Tube in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 312 | 176 | 111 | 563 | 21.7% |
Oman | 57.1 | 84.5 | 124 | 124 | 29.5% |
Turkey | 174 | 175 | 137 | 87.1 | -20.6% |
United Arab Emirates | 59.4 | 97.7 | 77.6 | 75.3 | 8.2% |
Italy | 61.2 | 83.6 | 54.5 | 61.4 | 0.1% |
United Kingdom | 106 | 324 | 9.6 | 57.6 | -18.4% |
India | 50.1 | 54.0 | 35.2 | 55.4 | 3.4% |
Saudi Arabia | 84.5 | 32.7 | 17.0 | 26.7 | -31.9% |
United States | 144 | 117 | 35.0 | 23.1 | -45.7% |
Germany | 146 | 107 | 14.2 | 21.6 | -47.1% |
Bahrain | 35.6 | 25.5 | 14.8 | 14.6 | -25.7% |
Others | 394 | 375 | 362 | 211 | -18.8% |
Total | 1,623 | 1,651 | 991 | 1,321 | -6.6% |
Top Suppliers of Aluminium Tube to Kuwait in 2022:
- China (163.5 tons)
- Oman (22.3 tons)
- Bahrain (20.9 tons)
- Turkey (20.4 tons)
- India (10.3 tons)
- United Arab Emirates (8.9 tons)
- Italy (5.5 tons)
- Saudi Arabia (4.3 tons)
- United Kingdom (2.7 tons)
- United States (1.8 tons)
- Germany (1.5 tons)
Aluminium Tube Exports in Kuwait
Aluminium tube exports from Kuwait shrank notably to 56 tons in 2022, with a decrease of -29.5% against 2021. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,351%. As a result, the exports reached the peak of 80 tons, and then shrank rapidly in the following year.
In value terms, aluminium tube exports contracted rapidly to $222K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 737% against the previous year. As a result, the exports attained the peak of $396K, and then dropped sharply in the following year.
Export of Aluminium Tube in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 24.5 | 39.0 | 309 | 177 | 93.3% |
Lebanon | 0.3 | 1.1 | 28.4 | 16.2 | 278.0% |
Qatar | 0.1 | 1.9 | 17.5 | 10.0 | 364.2% |
India | 3.8 | 2.1 | 20.4 | 6.5 | 19.6% |
Others | 12.9 | 3.3 | 20.9 | 12.4 | -1.3% |
Total | 41.6 | 47.3 | 396 | 222 | 74.8% |
Top Export Markets for Aluminium Tube from Kuwait in 2022:
- Saudi Arabia (50.8 tons)
- Lebanon (2.5 tons)
- India (1.0 tons)
- Qatar (1.0 tons)
This report provides an in-depth analysis of the aluminium tube market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24422630 - Aluminium tubes and pipes (excluding hollow profiles, tube or pipe fittings, flexible tubing, tubes and pipes prepared for use in structures, machinery or vehicle parts, or the like)
- Prodcom 24422650 - Aluminium alloy tubes and pipes (excluding hollow profiles, t ubes or pipe fittings, flexible tubing, tubes and pipes prepared for use in structures, machinery or vehicle parts, or the like)
- Prodcom 24422670 - Aluminium tube or pipe fittings (including couplings, elbows and sleeves) (excluding fittings with taps, cocks and valves, t ube supports, bolts and nuts, clamps)
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the aluminium tube market in Kuwait.
This report provides an in-depth analysis of the aluminium alloy tube market in Kuwait.
This report provides an in-depth analysis of the aluminium tube market in Kuwait.
This report provides an in-depth analysis of the global aluminium tube market.
This report provides an in-depth analysis of the global aluminium alloy tube market.
This report provides an in-depth analysis of the global aluminium tube market.
This report provides an in-depth analysis of the aluminium tube market in Kuwait.
This report provides an in-depth analysis of the aluminium alloy tube market in Kuwait.
This report provides an in-depth analysis of the aluminium tube market in Kuwait.
This report provides an in-depth analysis of the global aluminium tube market.
In value terms, aluminum tube and pipe fittings imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
In value terms, aluminum tube and pipe fittings exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual r...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Germany is one of the leaders in the global aluminium tube, pipe and tube or pipe fitting trade. In 2014, Germany exported X thousand tons of aluminium tubes, pipes and tube or pipe fittings totaling X million USD, X% over the previous year. Its p
In value terms, aluminum tube and pipe fittings imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
In value terms, aluminum tube and pipe fittings exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual r...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Germany is one of the leaders in the global aluminium tube, pipe and tube or pipe fitting trade. In 2014, Germany exported X thousand tons of aluminium tubes, pipes and tube or pipe fittings totaling X million USD, X% over the previous year. Its p