Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait - 2022
Contents:
- Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait (CIF) - 2022
- Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait (FOB) - 2022
- Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait
- Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait
Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait (CIF) - 2022
In 2022, the average import price for briquettes, ovoids and similar solid fuels; manufactured from coals amounted to $362 per ton, dropping by -18.8% against the previous year. Over the period under review, the import price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 120%. Over the period under review, average import prices hit record highs at $959 per ton in 2019; however, from 2020 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 UK ($3,565 per ton), while the price for Egypt ($234 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 (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait (FOB) - 2022
The average export price for briquettes, ovoids and similar solid fuels; manufactured from coals stood at $431 per ton in 2022, waning by -30.9% against the previous year. Over the period under review, the export price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2017 an increase of 104% against the previous year. The export price peaked at $967 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($1,134 per ton), while the average price for exports to the United Arab Emirates ($381 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 (+99.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait
In 2022, approx. 445 tons of briquettes, ovoids and similar solid fuels; manufactured from coals were imported into Kuwait; with an increase of 208% against the previous year's figure. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals surged to $161K in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 2.8 | 5.8 | 12.2 | 54.3 | 168.7% |
| Lebanon | 0.6 | 0.3 | 21.3 | 35.6 | 290.0% |
| United Kingdom | 9.1 | 7.0 | 10.1 | 18.1 | 25.8% |
| South Africa | N/A | N/A | N/A | 17.7 | 0% |
| Iran | 3.5 | 4.4 | 8.0 | 12.5 | 52.9% |
| Indonesia | 12.8 | 4.7 | 1.3 | 9.2 | -10.4% |
| China | 40.1 | 9.0 | 7.2 | 4.0 | -53.6% |
| Others | 14.2 | 16.9 | 4.4 | 9.7 | -11.9% |
| Total | 83.1 | 48.0 | 64.5 | 161 | 24.7% |
Top Suppliers of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal to Kuwait in 2022:
- Egypt (232.7 tons)
- South Africa (75.6 tons)
- Lebanon (72.9 tons)
- Iran (27.2 tons)
- Indonesia (12.8 tons)
- China (6.1 tons)
- United Kingdom (5.1 tons)
Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait
For the fourth consecutive year, Kuwait recorded growth in shipments abroad of briquettes, ovoids and similar solid fuels; manufactured from coals, which increased by 8% to 14 tons in 2022. The total export volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of briquettes, ovoids and similar solid fuels; manufactured from coals declined rapidly to $5.9K in 2022. Overall, exports, however, continue to indicate a abrupt curtailment. The smallest decline of -13.6% was in 2021.
| Export of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 4.3 | 0% |
| Saudi Arabia | 4.1 | 3.8 | 1.9 | 1.0 | -37.5% |
| United Arab Emirates | 6.2 | 5.4 | 3.4 | 0.5 | -56.8% |
| Others | 0.3 | N/A | 2.6 | N/A | 194.4% |
| Total | 10.6 | 9.1 | 7.9 | 5.9 | -17.7% |
Top Export Markets for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal from Kuwait in 2022:
- Qatar (11.3 tons)
- United Arab Emirates (1.4 tons)
- Saudi Arabia (0.9 tons)
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