Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait - 2022
Contents:
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait (CIF) - 2022
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait (FOB) - 2022
- Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait
- Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait (CIF) - 2022
The average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $7,242 per ton in 2022, picking up by 1.8% against the previous year. In general, import price indicated a resilient increase from 2013 to 2022: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses increased by +45.6% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 31% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
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 Vietnam ($9,031 per ton), while the price for Pakistan ($2,998 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait (FOB) - 2022
In 2022, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $8,830 per ton, with an increase of 116% against the previous year. Over the period under review, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 130% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Bahrain ($8,837 per ton) and the United Arab Emirates ($8,834 per ton), while the average price for exports to Italy ($8,810 per ton) and Qatar ($8,831 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait
In 2022, approx. 544 tons of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses were imported into Kuwait; jumping by 20% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses soared to $3.9M in 2022. The total import value increased at an average annual rate of +12.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,252 | 1,424 | 1,273 | 1,766 | 12.1% |
| Pakistan | 301 | 316 | 231 | 476 | 16.5% |
| Italy | 137 | 154 | 308 | 316 | 32.1% |
| Germany | 159 | 191 | 300 | 284 | 21.3% |
| Vietnam | 149 | 187 | 261 | 232 | 15.9% |
| Turkey | 104 | 205 | 133 | 205 | 25.4% |
| India | 137 | 67.1 | 121 | 88.2 | -13.7% |
| United States | 101 | 45.0 | 110 | 73.9 | -9.9% |
| Others | 448 | 422 | 484 | 497 | 3.5% |
| Total | 2,788 | 3,011 | 3,220 | 3,937 | 12.2% |
Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Kuwait in 2022:
- China (195.5 tons)
- Pakistan (158.7 tons)
- Italy (34.9 tons)
- Germany (31.4 tons)
- Vietnam (25.7 tons)
- Turkey (22.7 tons)
- India (22.7 tons)
- United States (8.2 tons)
Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait
In 2022, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses from Kuwait fell to 2.1 tons, which is down by -9.1% against 2021. Overall, total exports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 78%. As a result, the exports attained the peak of 2.4 tons, and then fell in the following year.
In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses surged to $19K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 0.3 | 2.0 | 1.0 | 10.7 | 229.2% |
| United Arab Emirates | 0.2 | 1.1 | 4.5 | 4.2 | 175.9% |
| Bahrain | N/A | 0.1 | 1.0 | 2.2 | 369.0% |
| Italy | N/A | N/A | N/A | 1.7 | 0% |
| Spain | 0.2 | 0.4 | 0.7 | N/A | 87.1% |
| Iraq | 2.7 | 1.2 | 1.9 | N/A | -16.1% |
| Others | 0.4 | 0.5 | 0.5 | 0.1 | -37.0% |
| Total | 3.8 | 5.2 | 9.6 | 19.0 | 71.0% |
Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Kuwait in 2022:
- Qatar (1210.0 kg)
- United Arab Emirates (475.0 kg)
- Bahrain (252.0 kg)
- Italy (195.0 kg)
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