Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait - 2022

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait (CIF) - 2022
  2. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait (FOB) - 2022
  3. Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait
  4. Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait (CIF) - 2022

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $17 per unit in 2022, surging by 149% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $17 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 United States ($36 per unit), while the price for Syrian Arab Republic ($3.5 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $3 per unit in 2022, declining by -35.4% against the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 when the average export price decreased by -6%. The export price peaked at $10 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3 per unit), while the average price for exports to Qatar totaled $3 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait

Imports of non-electric iron or steel central heating radiators other than of cast iron into Kuwait dropped to 2.5K units in 2022, shrinking by -9.7% against the year before. Overall, imports continue to indicate a sharp descent. The smallest decline of -3.5% was in 2020. Imports peaked at 11K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron surged to $42K in 2022. In general, imports continue to indicate a abrupt contraction. Over the period under review, imports of hit record highs at $97K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.523.32.025.077.1%
Mexico0.10.20.55.3275.6%
Canada0.61.60.44.8100.0%
China1.92.20.22.813.8%
Japan0.50.60.11.233.9%
Turkey0.10.2N/A0.571.0%
Syrian Arab Republic0.30.50.10.30.0%
United Kingdom9.52.21.5N/A-60.3%
Sweden7.617.94.1N/A-26.6%
United Arab Emirates1.70.30.4N/A-51.5%
Taiwan (Chinese)4.310.22.3N/A-26.9%
Saudi Arabia4.215.73.0N/A-15.5%
Bahrain19.4N/AN/AN/A0%
Others9.022.14.01.8-41.5%
Total63.596.918.541.7-13.1%

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron to Kuwait in 2022:

  1. China (819.0 units)
  2. United States (697.0 units)
  3. Canada (446.0 units)
  4. Mexico (196.0 units)
  5. Turkey (158.0 units)
  6. Syrian Arab Republic (83.0 units)
  7. Japan (68.0 units)

Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait

In 2022, approx. 304 units of non-electric iron or steel central heating radiators other than of cast iron were exported from Kuwait; declining by -34.6% compared with the previous year's figure. Over the period under review, exports saw a sharp curtailment. Over the period under review, the exports of attained the maximum at 465 units in 2021, and then dropped notably in the following year.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron fell remarkably to $914 in 2022. Overall, exports saw a dramatic slump. Over the period under review, the exports of reached the peak figure at $2.2K in 2021, and then contracted rapidly in the following year.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Kuwait (USD)
COUNTRY20212022CAGR,
2021-2022
United Arab Emirates324653101.5%
Qatar78.0261234.6%
Cote d'Ivoire20.0N/A0%
Iran469N/A0%
Bahrain1,273N/A0%
OthersN/AN/A0%
Total2,164914-57.8%

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron from Kuwait in 2022:

  1. United Arab Emirates (217.0 units)
  2. Qatar (87.0 units)

Source: IndexBox Market Intelligence Platform

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