Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait - 2022
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait (CIF) - 2022
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait (FOB) - 2022
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait (CIF) - 2022
In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,108 per ton, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,523 per ton), while the price for Saudi Arabia ($3,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait (FOB) - 2022
In 2022, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $7,132 per ton, increasing by 28% against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 72%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($10,390 per ton), while the average price for exports to Bahrain ($2,337 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 Oman (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait
In 2022, approx. 17K tons of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s were imported into Kuwait; growing by 48% against 2021. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $69M in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 109% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.0 | 5.1 | 19.2 | 29.6 | 48.7% |
| South Korea | 6.3 | 4.9 | 6.2 | 13.9 | 30.2% |
| United Arab Emirates | 6.8 | 4.6 | 6.3 | 10.3 | 14.8% |
| Saudi Arabia | 0.3 | 2.1 | 4.9 | 8.3 | 202.4% |
| United States | 1.2 | 1.0 | 1.2 | 2.4 | 26.0% |
| Spain | 0.5 | 0.7 | 0.6 | 1.0 | 26.0% |
| India | 0.7 | 0.3 | 1.0 | 0.8 | 4.6% |
| Others | 2.6 | 1.2 | 2.2 | 3.2 | 7.2% |
| Total | 27.4 | 19.9 | 41.7 | 69.4 | 36.3% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Kuwait in 2022:
- China (8.2K tons)
- South Korea (2.7K tons)
- Saudi Arabia (2.5K tons)
- United Arab Emirates (2.0K tons)
- United States (0.4K tons)
- India (0.2K tons)
- Spain (0.2K tons)
Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait
In 2022, overseas shipments of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -18.4% to 3.5 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2020 when exports increased by 74%. As a result, the exports attained the peak of 25 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s rose modestly to $25K in 2022. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 115%. As a result, the exports attained the peak of $101K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 7.6 | 1.3 | 17.5 | 14.9 | 25.2% |
| Oman | 0.8 | 2.5 | 0.9 | 3.7 | 66.6% |
| Bahrain | 14.0 | 18.4 | 2.9 | 2.6 | -42.9% |
| Saudi Arabia | 10.9 | 6.1 | 1.2 | 1.5 | -48.4% |
| Qatar | 2.0 | 7.1 | 1.3 | 1.3 | -13.4% |
| South Korea | 6.3 | 9.8 | 0.2 | 1.0 | -45.9% |
| Germany | 3.9 | N/A | N/A | N/A | 0% |
| India | N/A | 54.1 | N/A | N/A | 0% |
| Others | 1.2 | 1.4 | 0.2 | 0.1 | -56.3% |
| Total | 46.8 | 101 | 24.0 | 25.1 | -18.8% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Kuwait in 2022:
- United Arab Emirates (1490.0 kg)
- Bahrain (1120.0 kg)
- Oman (356.0 kg)
- Saudi Arabia (247.0 kg)
- South Korea (162.0 kg)
- Qatar (132.0 kg)
203
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Kuwait.
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This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Kuwait.
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This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
203
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Kuwait.
180
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Kuwait.
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This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
215
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
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