Report Update: Apr 1, 2024

Kuwait - Sheet Piling, Shapes And Sections (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Sheet Piling Price in Kuwait - 2021

Sheet Piling Price in Kuwait (CIF) - 2022

In 2022, the average sheet piling import price amounted to $1,619 per ton, growing by 14% against the previous year. In general, the import price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 77% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,242 per ton), while the price for Italy ($1,696 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Sheet Piling Price in Kuwait (FOB) - 2022

The average sheet piling export price stood at $428 per ton in 2022, increasing by 20% against the previous year. In general, the export price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 77%. The export price peaked at $966 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -9.8% per year.

Sheet Piling Imports in Kuwait

For the third consecutive year, Kuwait recorded decline in supplies from abroad of sheet piling, shapes and sections (of iron or steel), which decreased by -0.3% to 2.6K tons in 2022. Overall, imports faced a precipitous decline.

In value terms, sheet piling imports rose markedly to $4.2M in 2022. In general, imports saw a sharp setback.

Import of Sheet Piling in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	N/A	58.9	1,697	2781.2%
United States	248	716	N/A	421	19.3%
Italy	11.9	N/A	N/A	119	115.4%
United Kingdom	18.9	7.1	50.2	89.5	67.9%
Turkey	9.1	93.2	104	78.4	105.0%
India	399	352	507	N/A	12.7%
United Arab Emirates	2,834	1,258	2,418	N/A	-7.6%
Saudi Arabia	9,154	2,302	458	N/A	-77.6%
Others	291	3.8	113	1,816	84.1%
Total	12,966	4,733	3,708	4,221	-31.2%

Top Suppliers of Sheet Piling to Kuwait in 2022:

Spain (513.1 tons)
Italy (70.2 tons)
United States (41.1 tons)
Turkey (17.2 tons)
United Kingdom (12.8 tons)

Sheet Piling Exports in Kuwait

In 2022, after two years of decline, there was significant growth in shipments abroad of sheet piling, shapes and sections (of iron or steel), when their volume increased by 19% to 8K tons. In general, exports, however, saw a deep reduction.

In value terms, sheet piling exports skyrocketed to $3.4M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 67% against the previous year. As a result, the exports attained the peak of $4.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Sheet Piling in Kuwait (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	N/A	N/A	1.7	0%
Qatar	1.6	N/A	N/A	N/A	0%
United Arab Emirates	0.3	N/A	0.1	N/A	-42.3%
Saudi Arabia	0.4	2.7	2.3	N/A	139.8%
Bahrain	0.3	0.7	N/A	N/A	133.3%
Others	0.1	1.0	N/A	1.7	157.1%
Total	2.7	4.4	2.4	3.4	8.0%

Top Export Markets for Sheet Piling from Kuwait in 2022:

Spain (4.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sheet piling market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24107410 - Sheet piling (of steel)
Prodcom 24107420 - Welded and cold-formed sections (of steel)

Country coverage:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023