Kuwait - Hammers And Sledge Hammers With Working Part Of Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Hammer Price in Kuwait - 2021
Contents:
- Metal Hammer Price in Kuwait (CIF) - 2022
- Metal Hammer Price in Kuwait (FOB) - 2022
- Metal Hammer Imports in Kuwait
- Metal Hammer Exports in Kuwait
Metal Hammer Price in Kuwait (CIF) - 2022
In 2022, the average metal hammer import price amounted to $3,225 per ton, approximately mirroring the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal hammer import price decreased by +0.9% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 31%. As a result, import price reached the peak level of $4,279 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($11,882 per ton), while the price for Egypt ($999 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 States (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Hammer Price in Kuwait (FOB) - 2022
In 2022, the average metal hammer export price amounted to $7,234 per ton, with an increase of 3.4% against the previous year. Over the period under review, the export price saw a measured increase. The most prominent rate of growth was recorded in 2018 an increase of 123% against the previous year. The export price peaked at $16,729 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($39,484 per ton), while the average price for exports to Bahrain ($1,346 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 Iraq (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Hammer Imports in Kuwait
In 2022, supplies from abroad of hammers and sledge hammers with working part of metal was finally on the rise to reach 119 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a dramatic descent.
In value terms, metal hammer imports expanded remarkably to $384K in 2022. Overall, imports, however, recorded a precipitous decline.
| Import of Metal Hammer in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 597 | 209 | 164 | 245 | -25.7% |
| United Kingdom | 91.2 | 55.7 | 51.7 | 41.3 | -23.2% |
| United States | 84.4 | 18.1 | 10.0 | 16.3 | -42.2% |
| United Arab Emirates | 64.0 | 2.8 | 1.3 | 8.6 | -48.8% |
| India | 25.2 | 9.5 | 3.5 | 3.6 | -47.7% |
| Turkey | 2.7 | 2.0 | 2.0 | 2.4 | -3.9% |
| Egypt | 2.9 | 2.2 | 3.2 | 2.3 | -7.4% |
| Germany | 130 | 22.5 | 10.8 | 1.8 | -76.0% |
| Others | 272 | 103 | 95.5 | 62.0 | -38.9% |
| Total | 1,270 | 425 | 342 | 384 | -32.9% |
Top Suppliers of Metal Hammer to Kuwait in 2022:
- China (98.9 tons)
- United Kingdom (3.5 tons)
- United Arab Emirates (3.2 tons)
- Egypt (2.3 tons)
- Turkey (2.1 tons)
- United States (1.8 tons)
- India (1.8 tons)
- Germany (0.2 tons)
Metal Hammer Exports in Kuwait
In 2022, the amount of hammers and sledge hammers with working part of metal exported from Kuwait soared to 3.5 tons, picking up by 426% compared with 2021 figures. In general, exports enjoyed a notable increase.
In value terms, metal hammer exports surged to $26K in 2022. Overall, exports, however, faced a dramatic shrinkage.
| Export of Metal Hammer in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 11.5 | 18.3 | 2.2 | 11.1 | -1.2% |
| Germany | 0.2 | 6.1 | 1.4 | 7.2 | 230.2% |
| United Arab Emirates | 12.0 | 19.2 | 0.4 | 4.5 | -27.9% |
| United States | 0.6 | 0.9 | 0.2 | 1.1 | 22.4% |
| Iraq | 0.4 | 0.6 | 0.1 | 0.5 | 7.7% |
| Bahrain | 0.6 | 0.6 | 0.1 | 0.3 | -20.6% |
| Qatar | 0.1 | 0.2 | N/A | 0.2 | 26.0% |
| Others | 26.9 | 0.5 | 0.3 | 0.7 | -70.4% |
| Total | 52.2 | 46.3 | 4.7 | 25.5 | -21.2% |
Top Export Markets for Metal Hammer from Kuwait in 2022:
- Saudi Arabia (2079.0 kg)
- United Arab Emirates (633.0 kg)
- Bahrain (211.0 kg)
- United States (206.0 kg)
- Germany (182.0 kg)
- Iraq (95.0 kg)
- Qatar (55.0 kg)
This report provides an in-depth analysis of the metal hammer 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 25733055 - Hammers and sledge hammers with working part of metal
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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