Kuwait - Iron Or Steel Hot-Worked Helical Springs - 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 Metal Hot-Worked Helical Spring in Kuwait - 2021
Contents:
- Price for Metal Hot-Worked Helical Spring in Kuwait (CIF) - 2022
- Price for Metal Hot-Worked Helical Spring in Kuwait (FOB) - 2022
- Imports of Metal Hot-Worked Helical Spring in Kuwait
- Exports of Metal Hot-Worked Helical Spring in Kuwait
Price for Metal Hot-Worked Helical Spring in Kuwait (CIF) - 2022
In 2022, the average metal hot-worked helical spring import price amounted to $10,247 per ton, growing by 20% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal hot-worked helical spring import price decreased by -7.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 50% against the previous year. The import price peaked at $11,074 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 the UK ($46,665 per ton), while the price for China ($4,718 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Hot-Worked Helical Spring in Kuwait (FOB) - 2022
The average metal hot-worked helical spring export price stood at $1,101 per ton in 2022, dropping by -46% against the previous year. Over the period under review, the export price, however, showed a slight increase. The growth pace was the most rapid in 2013 when the average export price increased by 268% against the previous year. As a result, the export price attained the peak level of $3,417 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($7,173 per ton), while the average price for exports to the United Arab Emirates ($403 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 Iran (+46.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Hot-Worked Helical Spring in Kuwait
After three years of growth, supplies from abroad of iron or steel hot-worked helical springs decreased by -33.9% to 166 tons in 2022. Overall, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 120%. As a result, imports reached the peak of 251 tons, and then fell markedly in the following year.
In value terms, metal hot-worked helical spring imports reduced remarkably to $1.7M in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of $2.1M, and then declined rapidly in the following year.
| Import of Metal Hot-Worked Helical Spring in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 101 | 134 | 232 | 460 | 65.8% |
| Japan | 97.3 | 144 | 361 | 293 | 44.4% |
| United Arab Emirates | 10.6 | 5.5 | 285 | 277 | 196.8% |
| Germany | 96.7 | 127 | 163 | 79.7 | -6.2% |
| Australia | 23.6 | 28.6 | 58.2 | 61.3 | 37.5% |
| Italy | 47.5 | 46.9 | 57.7 | 50.5 | 2.1% |
| China | 108 | 108 | 444 | 47.6 | -23.9% |
| India | 24.1 | 27.0 | 48.8 | 47.4 | 25.3% |
| Turkey | 41.3 | 71.7 | 97.3 | 19.3 | -22.4% |
| Others | 347 | 568 | 390 | 363 | 1.5% |
| Total | 898 | 1,261 | 2,138 | 1,699 | 23.7% |
Top Suppliers of Metal Hot-Worked Helical Spring to Kuwait in 2022:
- United States (60.4 tons)
- United Arab Emirates (41.7 tons)
- Japan (16.3 tons)
- China (10.1 tons)
- Australia (6.6 tons)
- Germany (5.3 tons)
- Italy (4.9 tons)
- Turkey (3.2 tons)
- India (2.8 tons)
Exports of Metal Hot-Worked Helical Spring in Kuwait
In 2022, approx. 10 tons of iron or steel hot-worked helical springs were exported from Kuwait; jumping by 87% against the previous year. In general, exports saw a measured expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal hot-worked helical spring exports reached $11K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern.
| Export of Metal Hot-Worked Helical Spring in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.3 | 1.5 | 0.5 | 3.0 | -11.3% |
| Qatar | 2.7 | 3.1 | 1.8 | 2.6 | -1.3% |
| Germany | 0.5 | 1.4 | 0.9 | 1.6 | 47.4% |
| Singapore | 1.0 | 1.1 | 0.7 | 1.0 | 0.0% |
| Hong Kong SAR | 0.9 | 1.0 | 0.6 | 0.8 | -3.9% |
| Saudi Arabia | 0.5 | 0.6 | 0.3 | 0.6 | 6.3% |
| Czech Republic | 0.3 | 0.4 | 0.2 | 0.3 | 0.0% |
| Sweden | N/A | N/A | 0.2 | N/A | 0% |
| United States | N/A | N/A | 5.0 | N/A | 0% |
| Angola | N/A | N/A | 0.1 | N/A | 0% |
| Others | 1.1 | 2.1 | 0.6 | 1.1 | 0.0% |
| Total | 11.3 | 11.1 | 10.9 | 11.0 | -0.9% |
Top Export Markets for Metal Hot-Worked Helical Spring from Kuwait in 2022:
- United Arab Emirates (7.4 tons)
- Singapore (1.0 tons)
- Qatar (0.4 tons)
- Saudi Arabia (0.3 tons)
- Germany (0.3 tons)
- Hong Kong SAR (0.3 tons)
- Czech Republic (0.2 tons)
This report provides an in-depth analysis of the market for metal hot-worked helical spring 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 25931631 - Iron or steel hot-worked helical springs
- Prodcom 25931633 - Iron or steel cold-formed helical coil compression springs
- Prodcom 25931635 - Iron or steel cold-formed helical coil tension springs
- Prodcom 25931637 - Iron or steel cold-formed helical springs (excluding helical coil compression springs, helical coil tension springs)
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
311
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Kuwait.
268
This report provides an in-depth analysis of the steel spring market in Kuwait.
319
This report provides an in-depth analysis of the market for iron or steel leaf-spring and leave in Kuwait.
242
This report provides an in-depth analysis of the market for metal spiral or discs spring in Kuwait.
222
This report provides an in-depth analysis of the market for iron or steel leaf-spring in Kuwait.
493
This report provides an in-depth analysis of the global market for metal hot-worked helical spring.
1432
This report provides an in-depth analysis of the global steel spring market.
344
This report provides an in-depth analysis of the global market for iron or steel leaf-spring and leave.
355
This report provides an in-depth analysis of the global market for metal spiral or discs spring.
372
This report provides an in-depth analysis of the global market for iron or steel leaf-spring.
201
Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.
1040
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
1463
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
201
Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.
1040
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
1463
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
