Price for Wood; Shuttering for Concrete Constructional Work in Kuwait - 2022

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Kuwait (CIF) - 2022
  2. Price for Wood; Shuttering for Concrete Constructional Work in Kuwait (FOB) - 2022
  3. Imports of Wood; Shuttering for Concrete Constructional Work in Kuwait
  4. Exports of Wood; Shuttering for Concrete Constructional Work in Kuwait

Price for Wood; Shuttering for Concrete Constructional Work in Kuwait (CIF) - 2022

In 2022, the average import price for wood; shuttering for concrete constructional work amounted to $1,738 per ton, growing by 6.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 56% against the previous year. The import price peaked at $1,943 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($1,738 per ton), while the price for Germany totaled $1,738 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wood; Shuttering for Concrete Constructional Work in Kuwait (FOB) - 2022

The average export price for wood; shuttering for concrete constructional work stood at $1,705 per ton in 2022, growing by 6.4% against the previous year. Over the period under review, the export price recorded a temperate expansion. The pace of growth was the most pronounced in 2020 an increase of 505% against the previous year. The export price peaked at $2,199 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,705 per ton), while the average price for exports to Qatar stood at $1,705 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Shuttering for Concrete Constructional Work in Kuwait

Imports of wood; shuttering for concrete constructional work into Kuwait surged to 763 tons in 2022, jumping by 26% compared with the previous year. In general, imports, however, saw a sharp slump.

In value terms, imports of wood; shuttering for concrete constructional work surged to $1.3M in 2022. Overall, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 52%.

Import of Wood; Shuttering for Concrete Constructional Work in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1,9886281831,042-19.4%
Germany211N/A8032647.8%
Russia134N/AN/AN/A0%
Others14.721.94.019.59.9%
Total2,3476509901,326-17.3%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Kuwait in 2022:

  1. Austria (599.6 tons)
  2. Germany (151.7 tons)

Exports of Wood; Shuttering for Concrete Constructional Work in Kuwait

In 2022, exports of wood; shuttering for concrete constructional work from Kuwait fell significantly to 40 tons, which is down by -82% on 2021. Over the period under review, exports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 160%. As a result, the exports reached the peak of 225 tons, and then dropped sharply in the following year.

In value terms, exports of wood; shuttering for concrete constructional work shrank significantly to $69K in 2022. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 235%.

Export of Wood; Shuttering for Concrete Constructional Work in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar32.315517349.215.1%
United Arab EmiratesN/AN/AN/A19.70%
NigeriaN/AN/A18.8N/A0%
Saudi ArabiaN/A21.5147N/A583.7%
Bahrain19.6N/AN/AN/A0%
Others4.110.921.4N/A128.5%
Total56.018836068.97.2%

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Kuwait in 2022:

  1. Qatar (28.8 tons)
  2. United Arab Emirates (11.6 tons)

Source: IndexBox Market Intelligence Platform

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