Kuwait - Table, Kitchen Or Household Articles Of Cast Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cast Iron Household Articles in Kuwait - 2021
Contents:
- Price for Cast Iron Household Articles in Kuwait (CIF) - 2022
- Price for Cast Iron Household Articles in Kuwait (FOB) - 2022
- Imports of Cast Iron Household Articles in Kuwait
- Exports of Cast Iron Household Articles in Kuwait
Price for Cast Iron Household Articles in Kuwait (CIF) - 2022
In 2022, the average cast iron household articles import price amounted to $6,587 per ton, picking up by 6.1% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cast iron household articles import price decreased by -1.2% against 2020 indices. The growth pace was the most rapid in 2015 when the average import price increased by 98%. The import price peaked at $6,667 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($14,183 per ton), while the price for Iran ($1,188 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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cast Iron Household Articles in Kuwait (FOB) - 2022
In 2022, the average cast iron household articles export price amounted to $4,960 per ton, which is down by -12.7% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cast iron household articles export price increased by +38.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 59%. As a result, the export price reached the peak level of $6,209 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($8,836 per ton), while the average price for exports to Iraq ($447 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 Egypt (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cast Iron Household Articles in Kuwait
Cast iron household articles imports into Kuwait reduced sharply to 115 tons in 2022, which is down by -37.1% compared with 2021. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 55%.
In value terms, cast iron household articles imports reduced rapidly to $754K in 2022. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 45%.
| Import of Cast Iron Household Articles in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 590 | 237 | 381 | 148 | -36.9% |
| United States | 47.6 | 42.9 | 180 | 125 | 38.0% |
| India | 53.6 | 47.2 | 56.5 | 88.1 | 18.0% |
| France | 39.6 | 64.8 | 124 | 81.0 | 26.9% |
| Turkey | 66.1 | 57.3 | 101 | 68.2 | 1.0% |
| United Arab Emirates | 148 | 137 | 45.6 | 60.3 | -25.9% |
| Saudi Arabia | 49.4 | 31.6 | 41.6 | 27.2 | -18.0% |
| Iran | 18.2 | 6.2 | 10.1 | 6.6 | -28.7% |
| Pakistan | 10.4 | 5.9 | 6.6 | 3.9 | -27.9% |
| Others | 223 | 153 | 185 | 146 | -13.2% |
| Total | 1,246 | 782 | 1,131 | 754 | -15.4% |
Top Suppliers of Cast Iron Household Articles to Kuwait in 2022:
- China (35.2 tons)
- India (14.2 tons)
- Turkey (10.9 tons)
- United Arab Emirates (10.1 tons)
- United States (9.3 tons)
- Saudi Arabia (7.6 tons)
- France (5.7 tons)
- Iran (5.6 tons)
- Pakistan (2.9 tons)
Exports of Cast Iron Household Articles in Kuwait
Cast iron household articles exports from Kuwait reduced rapidly to 3.2 tons in 2022, declining by -45.5% against the previous year. Overall, exports continue to indicate a dramatic shrinkage. The smallest decline of -29.8% was in 2020.
In value terms, cast iron household articles exports dropped remarkably to $16K in 2022. In general, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 5.3% against the previous year.
| Export of Cast Iron Household Articles in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 18.0 | 15.8 | 16.9 | 9.2 | -20.0% |
| Qatar | 1.1 | 1.7 | 1.6 | 2.0 | 22.1% |
| Lebanon | 5.6 | 2.9 | 3.0 | 1.6 | -34.1% |
| Egypt | 2.5 | 1.9 | 2.0 | 1.0 | -26.3% |
| Jordan | 9.1 | 5.7 | 4.7 | 0.8 | -55.5% |
| United Arab Emirates | 3.0 | 1.7 | 1.2 | 0.6 | -41.5% |
| Iraq | 5.7 | 0.2 | 0.1 | N/A | -86.8% |
| Others | 3.5 | 2.1 | 4.2 | 0.8 | -38.9% |
| Total | 48.6 | 32.0 | 33.7 | 16.0 | -31.0% |
Top Export Markets for Cast Iron Household Articles from Kuwait in 2022:
- India (1280.0 kg)
- Lebanon (989.0 kg)
- Qatar (424.0 kg)
- Jordan (152.0 kg)
- Egypt (117.0 kg)
- Iraq (91.0 kg)
- United Arab Emirates (32.0 kg)
This report provides an in-depth analysis of the market for cast iron household articles 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 25991217 - Table, kitchen or household articles... of cast iron
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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