Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait - 2022
Contents:
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait (FOB) - 2022
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait (CIF) - 2022
- Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait
- Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait (FOB) - 2022
In 2022, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $694 per ton, surging by 9.2% against the previous year. Over the period under review, the export price enjoyed resilient growth. The growth pace was the most rapid in 2021 an increase of 282%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($800 per ton), while the average price for exports to Pakistan totaled $191 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+624.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait (CIF) - 2022
The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $1,071 per ton in 2022, which is down by -75.1% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 148% against the previous year. The import price peaked at $6,612 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Cambodia ($1,071 per ton), while the price for China amounted to $1,071 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait
Exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses from Kuwait skyrocketed to 3.1K tons in 2022, with an increase of 203,927% against the previous year. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses soared to $2.2M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 12.6 | 24.7 | 0.9 | 2,077 | 448.3% |
| Pakistan | 16.7 | 67.4 | 0.1 | 104 | 84.0% |
| Saudi Arabia | N/A | 9.8 | N/A | N/A | 0% |
| Others | 2.3 | 4.7 | N/A | N/A | 104.3% |
| Total | 31.6 | 107 | 1.0 | 2,181 | 310.2% |
Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Kuwait in 2022:
- India (2.6K tons)
- Pakistan (0.5K tons)
Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait
Imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses into Kuwait soared to 8.9 tons in 2022, jumping by 254% compared with the year before. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses shrank to $9.6K in 2022. In general, imports continue to indicate a significant expansion.
| Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | N/A | 1.5 | 6.0 | 291.5% |
| Cambodia | N/A | N/A | N/A | 3.5 | 0% |
| Malaysia | N/A | N/A | 0.9 | N/A | 0% |
| United Kingdom | 1.3 | N/A | 3.7 | N/A | 68.7% |
| India | 0.1 | N/A | 1.2 | N/A | 246.4% |
| United Arab Emirates | 0.6 | N/A | 1.3 | N/A | 47.2% |
| South Africa | N/A | N/A | 0.4 | N/A | 0% |
| Others | 0.1 | N/A | 1.8 | N/A | 324.3% |
| Total | 2.2 | N/A | 10.8 | 9.6 | 63.4% |
Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Kuwait in 2022:
- China (5.6 tons)
- Cambodia (3.3 tons)
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This report provides an in-depth analysis of the global iron and steel market.
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This report provides an in-depth analysis of the pig iron market in Kuwait.
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This report provides an in-depth analysis of the iron and steel market in Kuwait.
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This report provides an in-depth analysis of the global pig iron market.
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This report provides an in-depth analysis of the global iron and steel market.
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