Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait - 2022
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait (CIF) - 2022
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait (FOB) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait (CIF) - 2022
In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $19 per square meter, rising by 29% against the previous year. Overall, the import price showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 60%. As a result, import price attained the peak level of $23 per square meter. From 2021 to 2022, the average import prices failed to regain momentum.
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 Arab Emirates ($44 per square meter), while the price for Pakistan ($0.9 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait (FOB) - 2022
In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $27 per square meter, picking up by 76% against the previous year. Overall, the export price showed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($225 per square meter), while the average price for exports to Jordan ($22 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait
For the third year in a row, Kuwait recorded decline in purchases abroad of woven fabrics of carded wool or of carded fine animal hair, which decreased by -22.9% to 14K square meters in 2022. In general, imports faced a sharp reduction. The smallest decline of -7.5% was in 2021. Over the period under review, imports of hit record highs at 60K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair reduced slightly to $263K in 2022. Over the period under review, imports faced a sharp descent. Imports peaked at $870K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 659 | 355 | 99.7 | 164 | -37.1% |
| China | 64.0 | 5.9 | 50.3 | 23.7 | -28.2% |
| India | 30.7 | 28.7 | 25.2 | 17.9 | -16.5% |
| United Kingdom | 54.3 | 12.3 | 24.0 | 14.5 | -35.6% |
| United States | 15.0 | 15.4 | 14.9 | 11.6 | -8.2% |
| Pakistan | 7.6 | 6.4 | 5.1 | 3.3 | -24.3% |
| Japan | 1.5 | 1.7 | 2.3 | 2.1 | 11.9% |
| Others | 38.4 | 24.8 | 42.6 | 25.8 | -12.4% |
| Total | 870 | 450 | 264 | 263 | -32.9% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Kuwait in 2022:
- Italy (5.3K square meters)
- Pakistan (3.7K square meters)
- China (1.9K square meters)
- United Kingdom (0.6K square meters)
- India (0.5K square meters)
- United States (0.5K square meters)
- Japan (0.4K square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait
In 2022, approx. 170 square meters of woven fabrics of carded wool or of carded fine animal hair were exported from Kuwait; dropping by -40.6% compared with 2021 figures. Overall, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year. Over the period under review, the exports of attained the peak figure at 902 square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair stood at $4.6K in 2022. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 90% against the previous year. The exports peaked at $7.5K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 4.2 | 1.9 | 3.3 | 3.6 | -5.0% |
| United Arab Emirates | 3.2 | 0.4 | 1.0 | 0.9 | -34.5% |
| Qatar | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 7.5 | 2.3 | 4.4 | 4.6 | -15.0% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Kuwait in 2022:
- Jordan (163.0 square meters)
- United Arab Emirates (4.0 square meters)
- Qatar (1.0 square meters)
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