Price for Cement of Hydraulic Kinds in Kuwait - 2021
Contents:
- Price for Cement of Hydraulic Kinds in Kuwait (CIF) - 2022
- Price for Cement of Hydraulic Kinds in Kuwait (FOB) - 2022
- Imports of Cement of Hydraulic Kinds in Kuwait
- Exports of Cement of Hydraulic Kinds in Kuwait
Price for Cement of Hydraulic Kinds in Kuwait (CIF) - 2022
In 2022, the average cement of hydraulic kinds import price amounted to $72 per ton, declining by -9.3% against the previous year. In general, the import price showed a abrupt decrease. The growth pace was the most rapid in 2018 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs at $154 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($212 per ton), while the price for Iran ($61 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cement of Hydraulic Kinds in Kuwait (FOB) - 2022
In 2022, the average cement of hydraulic kinds export price amounted to $261 per ton, surging by 42% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement of hydraulic kinds export price decreased by -21.9% against 2019 indices. Over the period under review, the average export prices hit record highs at $334 per ton in 2019; however, from 2020 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 the United Arab Emirates ($788 per ton), while the average price for exports to Iraq ($109 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 (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cement of Hydraulic Kinds in Kuwait
In 2022, imports of cement of hydraulic kindses into Kuwait soared to 160K tons, growing by 17% against the previous year. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 100%. As a result, imports attained the peak of 182K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cement of hydraulic kinds imports rose rapidly to $12M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 10% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cement of Hydraulic Kinds in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.5 | 5.0 | 4.6 | 3.2 | -21.0% |
| Iran | N/A | N/A | N/A | 3.2 | 0% |
| Saudi Arabia | 2.3 | 2.0 | 1.9 | 1.2 | -19.5% |
| Greece | 0.5 | 0.8 | 2.0 | 1.1 | 30.1% |
| Italy | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Germany | 1.3 | 0.9 | 1.0 | 0.2 | -46.4% |
| Others | 0.5 | 3.3 | 1.1 | 2.2 | 63.9% |
| Total | 11.0 | 12.2 | 10.9 | 11.6 | 1.8% |
Top Suppliers of Cement of Hydraulic Kinds to Kuwait in 2022:
- Iran (52.8K tons)
- United Arab Emirates (28.7K tons)
- Greece (7.3K tons)
- Saudi Arabia (5.8K tons)
- Italy (2.3K tons)
- Germany (1.1K tons)
Exports of Cement of Hydraulic Kinds in Kuwait
After two years of decline, shipments abroad of cement of hydraulic kindses increased by 51% to 314 tons in 2022. Over the period under review, exports, however, saw a precipitous curtailment.
In value terms, cement of hydraulic kinds exports soared to $82K in 2022. In general, exports, however, faced a sharp reduction.
| Export of Cement of Hydraulic Kinds in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 369 | 87.5 | 18.5 | 61.6 | -44.9% |
| United Arab Emirates | 56.0 | 23.0 | 5.1 | 11.4 | -41.2% |
| Bahrain | 14.0 | 11.6 | 11.9 | 7.7 | -18.1% |
| Iraq | 3.2 | 1.8 | 1.3 | 0.6 | -42.8% |
| Others | 34.0 | 1.7 | 1.3 | 0.6 | -74.0% |
| Total | 476 | 126 | 38.1 | 81.9 | -44.4% |
Top Export Markets for Cement of Hydraulic Kinds from Kuwait in 2022:
- Qatar (275.5 tons)
- Bahrain (17.4 tons)
- United Arab Emirates (14.5 tons)
- Iraq (5.3 tons)
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