Kuwait - Hot-Rolled Bars In Bearing Steels - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Hot-Rolled Bearing Steel Bar in Kuwait - 2022
Contents:
- Price for Hot-Rolled Bearing Steel Bar in Kuwait (CIF) - 2022
- Price for Hot-Rolled Bearing Steel Bar in Kuwait (FOB) - 2022
- Imports of Hot-Rolled Bearing Steel Bar in Kuwait
- Exports of Hot-Rolled Bearing Steel Bar in Kuwait
Price for Hot-Rolled Bearing Steel Bar in Kuwait (CIF) - 2022
The average hot-rolled bearing steel bar import price stood at $2,342 per ton in 2022, falling by -22.7% against the previous year. In general, the import price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 an increase of 160%. The import price peaked at $3,031 per ton in 2021, and then fell sharply in the following year.
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 China ($8,783 per ton), while the price for Bahrain ($1,612 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+32.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hot-Rolled Bearing Steel Bar in Kuwait (FOB) - 2022
In 2022, the average hot-rolled bearing steel bar export price amounted to $1,030 per ton, jumping by 20% against the previous year. Overall, the export price, however, saw a noticeable setback. The pace of growth was the most pronounced in 2016 an increase of 36%. The export price peaked at $1,651 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($1,216 per ton), while the average price for exports to Turkey ($904 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 the United Arab Emirates (+13.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Hot-Rolled Bearing Steel Bar in Kuwait
In 2022, supplies from abroad of hot-rolled bars in bearing steels increased by 39% to 481 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a significant curtailment.
In value terms, hot-rolled bearing steel bar imports expanded notably to $1.1M in 2022. In general, imports, however, saw a sharp contraction.
| Import of Hot-Rolled Bearing Steel Bar in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 98.4 | 68.5 | 172 | 687 | 91.1% |
| South Korea | 406 | 304 | 251 | 116 | -34.1% |
| France | 401 | 162 | 151 | 76.2 | -42.5% |
| Germany | 1,180 | 128 | 34.7 | 58.4 | -63.3% |
| China | 1,803 | 264 | 133 | 56.3 | -68.5% |
| Saudi Arabia | 78.8 | 21.1 | 20.4 | 10.7 | -48.6% |
| United States | 387 | 30.7 | 20.1 | 9.3 | -71.1% |
| Others | 1,502 | 229 | 265 | 113 | -57.8% |
| Total | 5,857 | 1,208 | 1,047 | 1,127 | -42.3% |
Top Suppliers of Hot-Rolled Bearing Steel Bar to Kuwait in 2022:
- Bahrain (426.3 tons)
- South Korea (14.6 tons)
- Germany (6.6 tons)
- China (6.4 tons)
- France (6.2 tons)
- Saudi Arabia (5.0 tons)
- United States (1.2 tons)
Exports of Hot-Rolled Bearing Steel Bar in Kuwait
In 2022, approx. 16 tons of hot-rolled bars in bearing steels were exported from Kuwait; falling by -53.8% against 2021. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 864%. As a result, the exports reached the peak of 35 tons, and then reduced notably in the following year.
In value terms, hot-rolled bearing steel bar exports reduced rapidly to $17K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 797% against the previous year. As a result, the exports reached the peak of $30K, and then shrank dramatically in the following year.
| Export of Hot-Rolled Bearing Steel Bar in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 2.3 | 1.3 | 4.2 | 6.3 | 39.9% |
| Saudi Arabia | 5.8 | 2.1 | 3.8 | 5.3 | -3.0% |
| Turkey | N/A | N/A | N/A | 5.1 | 0% |
| India | N/A | N/A | 21.9 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.1 | 3.3 | 29.9 | 16.6 | 27.0% |
Top Export Markets for Hot-Rolled Bearing Steel Bar from Kuwait in 2022:
- Turkey (5.6 tons)
- Saudi Arabia (5.4 tons)
- Qatar (5.2 tons)
This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106630 - Hot-rolled bars in bearing steels
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
265
This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in Kuwait.
407
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Kuwait.
281
This report provides an in-depth analysis of the hollow drill bar market in Kuwait.
271
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar in Kuwait.
236
This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar in Kuwait.
821
This report provides an in-depth analysis of the stainless steel angle market in Kuwait.
683
This report provides an in-depth analysis of the global market for hot-rolled bearing steel bar.
351
Global Hot-Rolled Tool Steel Bar Market Report 2018. This report provides an in-depth analysis of the global market for hot-rolled tool steel bar.
1634
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
551
This report provides an in-depth analysis of the global hollow drill bar market.
98
Explore the top import markets for Hot-Rolled Bearing Steel Bar and discover the leading countries driving the global demand for this essential steel product.
102
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1431
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4195
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1116
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
1396
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
920
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
1087
Despite a slight drop in exports, India continued its dominance in the global trade of stainless steel angles, shapes and sections. In 2014, India exported X thousand tons of stainless steel angles, shapes and sections totaling X million USD, X%
98
Explore the top import markets for Hot-Rolled Bearing Steel Bar and discover the leading countries driving the global demand for this essential steel product.
