Chipped Non-Coniferous Wood Price in Kuwait - 2021
Contents:
- Chipped Non-Coniferous Wood Price in Kuwait (CIF) - 2022
- Chipped Non-Coniferous Wood Price in Kuwait (FOB) - 2022
- Chipped Non-Coniferous Wood Imports in Kuwait
- Chipped Non-Coniferous Wood Exports in Kuwait
Chipped Non-Coniferous Wood Price in Kuwait (CIF) - 2022
The average chipped non-coniferous wood import price stood at $270 per cubic meter in 2022, picking up by 5.9% against the previous year. Overall, the import price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 77% against the previous year. The import price peaked at $624 per cubic meter in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($829 per cubic meter), while the price for South Africa ($140 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Chipped Non-Coniferous Wood Price in Kuwait (FOB) - 2022
The average chipped non-coniferous wood export price stood at $469 per cubic meter in 2022, growing by 117% against the previous year. In general, the export price showed a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 452%. Over the period under review, the average export prices hit record highs at $903 per cubic meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($765 per cubic meter), while the average price for exports to Bahrain amounted to $173 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+430.0%), while the prices for the other major destinations experienced mixed trend patterns.
Chipped Non-Coniferous Wood Imports in Kuwait
In 2022, the amount of non-coniferous wood in chips or particles imported into Kuwait fell significantly to 517 cubic meters, which is down by -44.8% compared with the previous year. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 573%. As a result, imports reached the peak of 936 cubic meters, and then contracted sharply in the following year.
In value terms, chipped non-coniferous wood imports declined notably to $140K in 2022. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 489%. As a result, imports reached the peak of $239K, and then fell notably in the following year.
| Import of Chipped Non-Coniferous Wood in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 7.2 | 4.9 | 76.8 | 38.1 | 74.3% |
| Egypt | 62.2 | 15.5 | 10.0 | 28.6 | -22.8% |
| Vietnam | 12.8 | 4.6 | 44.1 | 21.0 | 17.9% |
| Netherlands | 3.7 | 1.5 | 27.8 | 13.3 | 53.2% |
| Germany | 2.1 | 3.1 | 28.7 | 13.1 | 84.1% |
| Indonesia | 9.6 | 3.3 | 7.1 | 5.8 | -15.5% |
| Paraguay | N/A | N/A | N/A | 4.4 | 0% |
| Others | 15.3 | 7.6 | 44.2 | 15.3 | 0.0% |
| Total | 113 | 40.6 | 239 | 140 | 7.4% |
Top Suppliers of Chipped Non-Coniferous Wood to Kuwait in 2022:
- South Africa (271.0 cubic meters)
- Egypt (85.0 cubic meters)
- Vietnam (52.0 cubic meters)
- Indonesia (31.0 cubic meters)
- Germany (27.0 cubic meters)
- Paraguay (27.0 cubic meters)
- Netherlands (16.0 cubic meters)
Chipped Non-Coniferous Wood Exports in Kuwait
In 2022, approx. 2 cubic meters of non-coniferous wood in chips or particles were exported from Kuwait; which is down by -33.3% against the previous year. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 50% against the previous year. The exports peaked at 3 cubic meters in 2021, and then fell notably in the following year.
In value terms, chipped non-coniferous wood exports skyrocketed to $938 in 2022. Overall, exports continue to indicate a abrupt contraction. The exports peaked at $1.8K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Chipped Non-Coniferous Wood in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,413 | 851 | 488 | 765 | -18.5% |
| Bahrain | 392 | 230 | 138 | 173 | -23.9% |
| Austria | N/A | N/A | 23.0 | N/A | 0% |
| Indonesia | N/A | 146 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,805 | 1,227 | 649 | 938 | -19.6% |
Top Export Markets for Chipped Non-Coniferous Wood from Kuwait in 2022:
- Bahrain (1.0 cubic meters)
- United Arab Emirates (1.0 cubic meters)
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