Price for Copper; Powders and Flakes in Kuwait - 2021

Contents:

  1. Price for Copper; Powders and Flakes in Kuwait (CIF) - 2022
  2. Imports of Copper; Powders and Flakes in Kuwait

Price for Copper; Powders and Flakes in Kuwait (CIF) - 2022

The average copper; powders and flakes import price stood at $5,838 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 25%. Over the period under review, average import prices hit record highs at $11,278 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Austria ($13,720 per ton), while the price for India ($1,237 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper; Powders and Flakes in Kuwait

Copper; powders and flakes imports into Kuwait dropped to 19 tons in 2022, shrinking by -12.5% compared with the previous year's figure. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of 21 tons, and then dropped in the following year.

In value terms, copper; powders and flakes imports dropped to $109K in 2022. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 32%.

Import of Copper; Powders and Flakes in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium57.327.930.936.9-13.6%
India1.35.113.98.385.5%
Germany9.83.913.97.3-9.4%
Austria8.33.98.95.2-14.4%
United Arab Emirates6.33.13.20.9-47.7%
China0.71.00.10.84.6%
Others49.048.652.549.10.1%
Total13393.5124109-6.4%

Top Suppliers of Copper; Powders and Flakes to Kuwait in 2022:

  1. India (6.7 tons)
  2. Belgium (4.8 tons)
  3. Germany (0.6 tons)
  4. Austria (0.4 tons)
  5. China (0.3 tons)
  6. United Arab Emirates (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; powders and flakes - Kuwait