Price for Chain; Articulated Link, Roller, of Iron or Steel in Kuwait - 2022
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Kuwait (CIF) - 2022
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Kuwait (FOB) - 2022
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in Kuwait
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in Kuwait
Price for Chain; Articulated Link, Roller, of Iron or Steel in Kuwait (CIF) - 2022
In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $16,680 per ton, with a decrease of -37.4% against the previous year. In general, the import price showed a perceptible slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 103%. Over the period under review, average import prices attained the maximum at $41,199 per ton in 2019; however, from 2020 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 Japan ($41,489 per ton), while the price for Sweden ($13,385 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced a decline.
Price for Chain; Articulated Link, Roller, of Iron or Steel in Kuwait (FOB) - 2022
The average export price for chain; articulated link, roller, of iron or steel stood at $4,337 per ton in 2022, which is down by -13.6% against the previous year. Over the period under review, the export price, however, continues to indicate pronounced growth. The pace of growth was the most pronounced in 2021 an increase of 259%. The export price peaked at $7,068 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($8,714 per ton), while the average price for exports to the United Arab Emirates ($1,179 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+58.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain; Articulated Link, Roller, of Iron or Steel in Kuwait
Imports of chain; articulated link, roller, of iron or steel into Kuwait skyrocketed to 48 tons in 2022, with an increase of 33% against 2021 figures. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 228%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of chain; articulated link, roller, of iron or steel fell rapidly to $798K in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 118% against the previous year. As a result, imports reached the peak of $958K, and then contracted remarkably in the following year.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 84.2 | 57.8 | 310 | 136 | 17.3% |
| Taiwan (Chinese) | 21.3 | 15.0 | 20.2 | 115 | 75.4% |
| Mexico | 9.0 | 4.9 | 10.3 | 86.2 | 112.4% |
| Japan | 131 | 24.5 | 155 | 78.8 | -15.6% |
| Germany | 75.8 | 52.2 | 45.7 | 69.9 | -2.7% |
| India | 43.9 | 16.1 | 15.8 | 66.6 | 14.9% |
| United States | 110 | 33.6 | 93.4 | 59.4 | -18.6% |
| Slovakia | 8.9 | 0.6 | 0.3 | 46.3 | 73.3% |
| Italy | 25.7 | 29.7 | 17.7 | 40.3 | 16.2% |
| Sweden | 4.1 | 9.6 | 2.3 | 17.6 | 62.5% |
| United Kingdom | 4.7 | 21.1 | 9.0 | 17.4 | 54.7% |
| Spain | 31.7 | 23.9 | 31.3 | 2.6 | -56.6% |
| South Korea | 102 | 4.7 | 11.1 | 1.4 | -76.1% |
| Others | 146 | 146 | 236 | 60.8 | -25.3% |
| Total | 799 | 440 | 958 | 798 | -0.0% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Kuwait in 2022:
- China (10.1 tons)
- Taiwan (Chinese) (8.6 tons)
- Germany (5.2 tons)
- India (5.0 tons)
- Slovakia (3.5 tons)
- Italy (3.0 tons)
- Mexico (2.7 tons)
- United States (2.0 tons)
- Japan (1.9 tons)
- United Kingdom (1.3 tons)
- Sweden (1.3 tons)
- South Korea (0.1 tons)
- Spain (0.1 tons)
Exports of Chain; Articulated Link, Roller, of Iron or Steel in Kuwait
In 2022, overseas shipments of chain; articulated link, roller, of iron or steel increased by 262% to 5.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp decrease.
In value terms, exports of chain; articulated link, roller, of iron or steel surged to $24K in 2022. Overall, exports, however, recorded a sharp decline.
| Export of Chain; Articulated Link, Roller, of Iron or Steel in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 19.6 | 0% |
| Saudi Arabia | 3.5 | 1.5 | 0.9 | 3.2 | -2.9% |
| United Arab Emirates | 31.0 | 5.0 | 0.5 | 1.3 | -65.3% |
| Netherlands | 21.7 | 5.8 | 3.0 | N/A | -62.8% |
| Others | N/A | N/A | 3.4 | 0.1 | -97.1% |
| Total | 56.2 | 12.2 | 7.7 | 24.2 | -24.5% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Kuwait in 2022:
- Saudi Arabia (2.2 tons)
- Singapore (2.2 tons)
- United Arab Emirates (1.1 tons)
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