Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait - 2022
Contents:
- Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait (CIF) - 2022
- Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait (FOB) - 2022
- Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait
- Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait
Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait (CIF) - 2022
The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $54,726 per ton in 2022, growing by 35% against the previous year. In general, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 134% against the previous year. As a result, import price reached the peak level of $119,576 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($361,027 per ton), while the price for Jordan ($4,658 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait (FOB) - 2022
The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $6,331 per ton in 2022, flattening at the previous year. Over the period under review, the export price posted a measured increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 52%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +2.4% per year.
Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait
Imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses into Kuwait skyrocketed to 156 tons in 2022, jumping by 481% against the previous year. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $8.5M in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 79.4 | 17.9 | 80.9 | 7,706 | 359.6% |
| United Arab Emirates | 0.8 | 0.9 | 27.2 | 348 | 657.7% |
| Taiwan (Chinese) | 13.0 | 6.4 | 78.6 | 168 | 134.7% |
| Lebanon | N/A | N/A | N/A | 38.8 | 0% |
| China | 3.4 | 1.6 | 19.2 | 38.1 | 123.8% |
| Jordan | N/A | N/A | N/A | 23.4 | 0% |
| Hungary | N/A | 506 | N/A | N/A | 0% |
| Others | 213 | 46.6 | 880 | 209 | -0.6% |
| Total | 310 | 580 | 1,086 | 8,532 | 201.9% |
Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Kuwait in 2022:
- United Arab Emirates (74.7 tons)
- Taiwan (Chinese) (36.1 tons)
- Italy (21.3 tons)
- Lebanon (8.3 tons)
- China (8.2 tons)
- Jordan (5.0 tons)
Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait
Exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses from Kuwait totaled 287 kg in 2022, approximately reflecting 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year. As a result, the exports reached the peak of 368 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses totaled $1.8K in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 6.4%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 1.7 | 0.9 | 1.8 | 1.8 | 1.9% |
| United Arab Emirates | N/A | 0.9 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.7 | 1.8 | 1.8 | 1.8 | 1.9% |
Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Kuwait in 2022:
- Qatar (287.0 kg)
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This report provides an in-depth analysis of the fireworks market in Kuwait.
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This report provides an in-depth analysis of the pyrotechnic articles market in Kuwait.
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This report provides an in-depth analysis of the global fireworks market.
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