Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait - 2022

Contents:

  1. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait (CIF) - 2022
  2. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait (FOB) - 2022
  3. Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait
  4. Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait

Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait (CIF) - 2022

The average import price for optical elements; polarising material, sheets and plates thereoves stood at $176,833 per ton in 2022, with an increase of 764% against the previous year. Overall, the import price posted significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +32.0% per year.

Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait (FOB) - 2022

The average export price for optical elements; polarising material, sheets and plates thereoves stood at $95,360 per ton in 2021, picking up by 59% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 124% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

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

From 2016 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait

In 2022, approx. 12 kg of optical elements; polarising material, sheets and plates thereoves were imported into Kuwait; dropping by -80% compared with the previous year. Overall, imports saw a sharp curtailment. The smallest decline of -59.9% was in 2020.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves surged to $2.1K in 2022. In general, imports continue to indicate a significant decline.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5393891192,12257.9%
Japan18813340.0N/A-53.9%
Germany18913139.0N/A-54.6%
FranceN/A130N/AN/A0%
Jordan63136690.0N/A-62.2%
United Arab Emirates196N/A322N/A28.2%
Italy2,0751,425415N/A-55.3%
Others1,299606203N/A-60.5%
Total5,1173,1801,2282,122-25.4%

Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to Kuwait in 2022:

  1. United Kingdom (12.0 kg)

Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait

In 2021, the amount of optical elements; polarising material, sheets and plates thereoves exported from Kuwait dropped to 25 kg, falling by -3.8% against the previous year. In general, exports faced a precipitous curtailment.

In value terms, exports of optical elements; polarising material, sheets and plates thereoves soared to $2.4K in 2021. Overall, exports continue to indicate a sharp reduction.

Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Kuwait (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab EmiratesN/AN/A2.40%
IraqN/A1.6N/A0%
Saudi Arabia34.7N/AN/A0%
OthersN/AN/AN/A0%
Total34.71.62.4-73.7%

Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from Kuwait in 2022:

  1. United Arab Emirates (25.0 kg)

Source: IndexBox Market Intelligence Platform

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