Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Kuwait - 2022

Contents:

1. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Kuwait (CIF) - 2022
2. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Kuwait (FOB) - 2022
3. Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Kuwait
4. Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Kuwait

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Kuwait (CIF) - 2022

In 2022, the average import price for railway or tramway sleepers (cross-ties) of wood amounted to $643 per cubic meter, rising by 50% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The growth pace was the most rapid in 2017 an increase of 80%. Over the period under review, average import prices attained the peak figure at $891 per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +9.7% per year.

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Kuwait (FOB) - 2022

In 2022, the average export price for railway or tramway sleepers (cross-ties) of wood amounted to $812 per cubic meter, waning by -11.1% against the previous year. In general, the export price, however, enjoyed a strong expansion. The growth pace was the most rapid in 2018 when the average export price increased by 75%. The export price peaked at $914 per cubic meter in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($5,241 per cubic meter), while the average price for exports to the United Arab Emirates stood at $259 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+26.0%), while the prices for the other major destinations experienced a decline.

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Kuwait

In 2022, overseas purchases of railway or tramway sleepers (cross-ties) of wood decreased by -85.7% to 1 cubic meters, falling for the second consecutive year after two years of growth. In general, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 893%. As a result, imports reached the peak of 139 cubic meters. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood dropped significantly to $643 in 2022. Over the period under review, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 1,179%. As a result, imports attained the peak of $76K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to Kuwait in 2022:

1. Netherlands (1.0 cubic meters)

Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Kuwait

In 2022, after two years of decline, there was significant growth in shipments abroad of railway or tramway sleepers (cross-ties) of wood, when their volume increased by 13% to 9 cubic meters. In general, exports, however, recorded a abrupt setback. The exports peaked at 11 cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of railway or tramway sleepers (cross-ties) of wood totaled $7.3K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports of hit record highs at $7.3K in 2019; afterwards, it flattened through to 2022.

Top Export Markets for Railway or Tramway Sleepers (Cross-Ties) of Wood from Kuwait in 2022:

1. United Arab Emirates (8.0 cubic meters)
2. Saudi Arabia (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform