Kuwait - Carbides - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarbides Price in Kuwait - 2021
Contents:
- Carbides Price in Kuwait (CIF) - 2022
- Carbides Price in Kuwait (FOB) - 2022
- Carbides Imports in Kuwait
- Carbides Exports in Kuwait
Carbides Price in Kuwait (CIF) - 2022
The average carbides import price stood at $1,469 per ton in 2022, rising by 18% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbides import price increased by +84.6% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 48%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
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 India ($2,320 per ton), while the price for Spain ($761 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbides Price in Kuwait (FOB) - 2022
The average carbides export price stood at $1,149 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, saw a slight curtailment. The pace of growth was the most pronounced in 2019 an increase of 77% against the previous year. Over the period under review, the average export prices hit record highs at $1,713 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,306 per ton), while the average price for exports to Saudi Arabia amounted to $619 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-1.6%).
Carbides Imports in Kuwait
In 2022, the amount of carbides imported into Kuwait reduced dramatically to 68 tons, with a decrease of -88.9% compared with the previous year's figure. Overall, imports continue to indicate a precipitous decline. The smallest decline of -17% was in 2020.
In value terms, carbides imports reduced markedly to $100K in 2022. Over the period under review, imports faced a precipitous decline. The pace of growth was the most pronounced in 2021 when imports increased by 4.4%.
Import of Carbides in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | 122 | 117 | 154 | 23.0 | -42.7% |
India | 137 | 112 | 95.1 | 14.1 | -53.1% |
Spain | 114 | 82.1 | 61.5 | 7.8 | -59.1% |
China | 225 | 247 | 134 | 7.1 | -68.4% |
South Africa | 52.0 | 37.5 | 28.2 | 3.6 | -58.9% |
United Arab Emirates | 37.7 | 21.3 | 19.4 | 3.3 | -55.6% |
Germany | 10.6 | 10.2 | 11.5 | 1.8 | -44.6% |
Others | 341 | 102 | 256 | 39.1 | -51.4% |
Total | 1,039 | 729 | 761 | 99.6 | -54.2% |
Top Suppliers of Carbides to Kuwait in 2022:
- Slovakia (16.3 tons)
- Spain (10.2 tons)
- India (6.1 tons)
- China (3.9 tons)
- South Africa (3.2 tons)
- United Arab Emirates (2.9 tons)
- Germany (1.1 tons)
Carbides Exports in Kuwait
In 2022, overseas shipments of carbides were finally on the rise to reach 89 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a pronounced curtailment.
In value terms, carbides exports soared to $102K in 2022. Overall, exports, however, showed a abrupt downturn.
Export of Carbides in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 10.8 | 61.0 | 33.4 | 64.1 | 81.1% |
Saudi Arabia | 121 | 30.2 | 19.6 | 37.6 | -32.3% |
Qatar | 16.7 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 149 | 91.2 | 53.1 | 102 | -11.9% |
Top Export Markets for Carbides from Kuwait in 2022:
- Saudi Arabia (60.7 tons)
- United Arab Emirates (27.8 tons)
This report provides an in-depth analysis of the carbides 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 20136450 - Carbides whether or not chemically defined
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
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In value terms, carbides imports totaled $X in 2016. Overall, carbides imports continue to indicate a slight descent. Global carbides import peaked of $X in 2011; however, from 2012 to 2016, it ...
In value terms, carbides exports stood at $X in 2016. Overall, carbides exports continue to indicate a slight decrease. Over the period under review, global carbides exports reached its maximum lev...
In value terms, carbides imports totaled $X in 2016. Overall, carbides imports continue to indicate a slight descent. Global carbides import peaked of $X in 2011; however, from 2012 to 2016, it ...
In value terms, carbides exports stood at $X in 2016. Overall, carbides exports continue to indicate a slight decrease. Over the period under review, global carbides exports reached its maximum lev...