Price for Moulding Boxes; for Metal Foundry in Kuwait - 2021

Contents:

  1. Price for Moulding Boxes; for Metal Foundry in Kuwait (CIF) - 2022
  2. Price for Moulding Boxes; for Metal Foundry in Kuwait (FOB) - 2022
  3. Imports of Moulding Boxes; for Metal Foundry in Kuwait
  4. Exports of Moulding Boxes; for Metal Foundry in Kuwait

Price for Moulding Boxes; for Metal Foundry in Kuwait (CIF) - 2022

The average import price for moulding boxes; for metal foundries stood at $28,413 per ton in 2022, with an increase of 1.8% against the previous year. Overall, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of 708%. The import price peaked at $35,941 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($92,158 per ton), while the price for China ($1,986 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Moulding Boxes; for Metal Foundry in Kuwait (FOB) - 2022

The average export price for moulding boxes; for metal foundries stood at $6,454 per ton in 2022, picking up by 2% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 110% against the previous year. Over the period under review, the average export prices attained the peak figure at $54,646 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to -13.8% per year.

Imports of Moulding Boxes; for Metal Foundry in Kuwait

In 2022, moulding boxes; for metal foundry imports into Kuwait reduced rapidly to 201 kg, waning by -50.7% on 2021. Over the period under review, imports, however, posted measured growth. The pace of growth was the most pronounced in 2021 when imports increased by 3,609%. As a result, imports attained the peak of 408 kg, and then declined significantly in the following year.

In value terms, moulding boxes; for metal foundry imports plummeted to $5.7K in 2022. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 29,863%. As a result, imports attained the peak of $11K, and then reduced sharply in the following year.

Import of Moulding Boxes; for Metal Foundry in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,12813.04,5122,52230.8%
Germany1,29312.03,7031,75110.6%
United Arab Emirates66.01.083639180.9%
United States2222.080237619.2%
Italy3383.08093491.1%
China12.01.0296137125.2%
United Kingdom1231.0284120-0.8%
Taiwan (Chinese)22.01.070.035.016.7%
Others48.04.074.030.0-14.5%
Total3,25238.011,3865,71120.6%

Top Suppliers of Moulding Boxes; for Metal Foundry to Kuwait in 2022:

  1. China (69.0 kg)
  2. Japan (56.0 kg)
  3. United Kingdom (21.0 kg)
  4. Italy (19.0 kg)
  5. Germany (19.0 kg)
  6. United States (5.0 kg)
  7. United Arab Emirates (5.0 kg)
  8. Taiwan (Chinese) (4.0 kg)

Exports of Moulding Boxes; for Metal Foundry in Kuwait

In 2022, approx. 328 kg of moulding boxes; for metal foundries were exported from Kuwait; with a decrease of -4.1% compared with the previous year's figure. In general, total exports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 100%. As a result, the exports reached the peak of 342 kg, and then fell modestly in the following year.

In value terms, moulding boxes; for metal foundry exports declined slightly to $2.1K in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 4.7%.

Export of Moulding Boxes; for Metal Foundry in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman1.32.12.22.117.3%
Bahrain0.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.02.12.22.11.6%

Top Export Markets for Moulding Boxes; for Metal Foundry from Kuwait in 2022:

  1. Oman (328.0 kg)

Source: IndexBox Market Intelligence Platform

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