Snow-Ski Equipment Price in Kuwait - 2021

Contents:

  1. Snow-Ski Equipment Price in Kuwait (CIF) - 2022
  2. Snow-Ski Equipment Price in Kuwait (FOB) - 2022
  3. Snow-Ski Equipment Imports in Kuwait
  4. Snow-Ski Equipment Exports in Kuwait

Snow-Ski Equipment Price in Kuwait (CIF) - 2022

The average snow-ski equipment import price stood at $3.3 per unit in 2022, dropping by -12.1% against the previous year. Over the period under review, the import price saw a perceptible contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 84%. Over the period under review, average import prices reached the peak figure at $5.1 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($8.3 per unit), while the price for the United Arab Emirates ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Snow-Ski Equipment Price in Kuwait (FOB) - 2022

In 2022, the average snow-ski equipment export price amounted to $3 per unit, approximately mirroring the previous year. Overall, the export price, however, saw a deep slump. The growth pace was the most rapid in 2019 an increase of 47%. Over the period under review, the average export prices hit record highs at $8.1 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($16 per unit), while the average price for exports to Bahrain ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.

Snow-Ski Equipment Imports in Kuwait

In 2022, snow-ski equipment imports into Kuwait declined markedly to 188K units, waning by -26.4% on the year before. In general, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 360%. As a result, imports attained the peak of 255K units, and then fell dramatically in the following year.

In value terms, snow-ski equipment imports declined rapidly to $621K in 2022. Over the period under review, imports, however, saw a resilient increase. The growth pace was the most rapid in 2021 with an increase of 239%. As a result, imports attained the peak of $959K, and then shrank markedly in the following year.

Import of Snow-Ski Equipment in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19644.051331517.1%
United Arab Emirates9.36.214689.7112.9%
South Korea10.348.312979.297.4%
Others211185171138-13.2%
Total42728395962113.3%

Top Suppliers of Snow-Ski Equipment to Kuwait in 2022:

  1. China (97.0K units)
  2. United Arab Emirates (66.0K units)
  3. South Korea (16.3K units)

Snow-Ski Equipment Exports in Kuwait

After two years of decline, shipments abroad of snow-ski equipment increased by 19% to 8.5K units in 2022. Overall, exports, however, saw a deep slump. The exports peaked at 13K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, snow-ski equipment exports surged to $26K in 2022. In general, exports, however, recorded a abrupt shrinkage. The exports peaked at $38K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Snow-Ski Equipment in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia20.613.15.611.6-17.4%
Bahrain14.713.812.610.8-9.8%
Qatar2.52.83.13.28.6%
Others0.50.10.10.1-41.5%
Total38.329.821.325.6-12.6%

Top Export Markets for Snow-Ski Equipment from Kuwait in 2022:

  1. Bahrain (6.1K units)
  2. Saudi Arabia (2.2K units)
  3. Qatar (0.2K units)

Source: IndexBox Market Intelligence Platform

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