Kuwait - Iron Or Steel 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 Spiral or Discs Spring in Kuwait - 2021
Contents:
- Price for Metal Spiral or Discs Spring in Kuwait (CIF) - 2022
- Price for Metal Spiral or Discs Spring in Kuwait (FOB) - 2022
- Imports of Metal Spiral or Discs Spring in Kuwait
- Exports of Metal Spiral or Discs Spring in Kuwait
Price for Metal Spiral or Discs Spring in Kuwait (CIF) - 2022
In 2022, the average import price for iron or steel flat spiral or discs springs amounted to $14,979 per ton, waning by -5.8% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal spiral or discs spring import price increased by +58.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 41%. As a result, import price reached the peak level of $15,905 per ton, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($78,273 per ton), while the price for the Philippines ($4,623 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Spiral or Discs Spring in Kuwait (FOB) - 2022
In 2022, the average export price for iron or steel flat spiral or discs springs amounted to $24,412 per ton, jumping by 19% against the previous year. In general, the export price showed a notable expansion. The pace of growth appeared the most rapid in 2019 an increase of 94% against the previous year. The export price peaked at $38,086 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($389,563 per ton), while the average price for exports to Ghana ($563 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 Qatar (+1,136.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Spiral or Discs Spring in Kuwait
In 2022, metal spiral or discs spring imports into Kuwait dropped notably to 51 tons, waning by -19.2% against the previous year. Over the period under review, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 36%.
In value terms, metal spiral or discs spring imports declined rapidly to $768K in 2022. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year.
| Import of Metal Spiral or Discs Spring in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 252 | 127 | 272 | 240 | -1.6% |
| India | 309 | 90.4 | 257 | 220 | -10.7% |
| China | 65.0 | 40.6 | 59.0 | 65.7 | 0.4% |
| Norway | 7.0 | 0.8 | 37.0 | 32.1 | 66.1% |
| Germany | 82.1 | 36.1 | 74.3 | 22.0 | -35.5% |
| Turkey | 42.8 | 4.9 | 2.0 | 13.0 | -32.8% |
| Netherlands | 5.2 | 4.8 | 5.5 | 9.2 | 20.9% |
| Iran | 15.9 | 8.6 | 9.6 | 8.2 | -19.8% |
| United Kingdom | 71.6 | 38.7 | 12.2 | 7.9 | -52.0% |
| Philippines | 0.3 | 5.6 | 4.8 | 4.1 | 139.1% |
| Lebanon | 16.6 | N/A | N/A | N/A | 0% |
| Others | 251 | 169 | 276 | 147 | -16.3% |
| Total | 1,118 | 527 | 1,009 | 768 | -11.8% |
Top Suppliers of Metal Spiral or Discs Spring to Kuwait in 2022:
- India (25.6 tons)
- United States (7.4 tons)
- China (5.2 tons)
- Turkey (2.2 tons)
- Norway (1.2 tons)
- Netherlands (1.0 tons)
- Philippines (0.9 tons)
- Iran (0.8 tons)
- United Kingdom (0.7 tons)
- Germany (0.3 tons)
Exports of Metal Spiral or Discs Spring in Kuwait
In 2022, approx. 100 kg of iron or steel flat spiral or discs springs were exported from Kuwait; dropping by -23.1% compared with the previous year. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 110%.
In value terms, metal spiral or discs spring exports fell to $2.4K in 2022. Overall, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year.
| Export of Metal Spiral or Discs Spring in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,845 | 622 | 997 | 913 | -20.9% |
| United Arab Emirates | 257 | 241 | 375 | 334 | 9.1% |
| India | 133 | 163 | 254 | 226 | 19.3% |
| United States | 750 | 145 | 79.0 | 201 | -35.5% |
| Germany | 130 | 20.0 | 161 | 143 | 3.2% |
| Oman | 9.0 | 7.0 | 146 | 130 | 143.5% |
| Bulgaria | N/A | N/A | 327 | 37.0 | -88.7% |
| Ghana | 45.0 | 14.0 | 22.0 | 19.0 | -25.0% |
| Sudan | 24.0 | 7.0 | 9.0 | 6.0 | -37.0% |
| Others | 1,551 | 1,010 | 294 | 437 | -34.4% |
| Total | 4,744 | 2,229 | 2,664 | 2,446 | -19.8% |
Top Export Markets for Metal Spiral or Discs Spring from Kuwait in 2022:
- Ghana (34.0 kg)
- Oman (22.0 kg)
- Germany (14.0 kg)
- India (12.0 kg)
- Sudan (10.0 kg)
- United Arab Emirates (3.0 kg)
- Netherlands (2.0 kg)
- United States (1.0 kg)
This report provides an in-depth analysis of the market for metal spiral or discs 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 25931653 - Iron or steel flat spiral springs
- Prodcom 25931655 - Iron or steel discs springs
- Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs 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
235
This report provides an in-depth analysis of the market for metal spiral or discs spring in Kuwait.
262
This report provides an in-depth analysis of the steel spring market in Kuwait.
306
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Kuwait.
315
This report provides an in-depth analysis of the market for iron or steel leaf-spring and leave in Kuwait.
217
This report provides an in-depth analysis of the market for iron or steel leaf-spring in Kuwait.
350
This report provides an in-depth analysis of the global market for metal spiral or discs spring.
1423
This report provides an in-depth analysis of the global steel spring market.
489
This report provides an in-depth analysis of the global market for metal hot-worked helical spring.
340
This report provides an in-depth analysis of the global market for iron or steel leaf-spring and leave.
367
This report provides an in-depth analysis of the global market for iron or steel leaf-spring.
184
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.
1030
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...
1443
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...
184
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.
1030
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...
1443
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...
