Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait - 2022

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait (CIF) - 2022
  2. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait (FOB) - 2022
  3. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait
  4. Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait (CIF) - 2022

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $14 per unit in 2022, surging by 65% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. Over the period under review, average import prices hit record highs at $67 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($17 per unit), while the price for India ($7.6 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+49.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait (FOB) - 2022

In 2022, the average export price for non-electric iron or steel central heating radiators of cast iron amounted to $18 per unit, surging by 1,290% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The export price peaked at $198 per unit in 2015; however, from 2016 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 Qatar.

From 2013 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +91.2% per year.

Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait

Imports of non-electric iron or steel central heating radiators of cast iron into Kuwait surged to 30K units in 2022, rising by 77% on 2021. Overall, imports, however, continue to indicate a dramatic contraction. Over the period under review, imports of attained the maximum at 71K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron skyrocketed to $406K in 2022. In general, imports, however, showed a deep downturn. Imports peaked at $599K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1888.110.4153-6.6%
United Kingdom2.9N/AN/A117243.0%
India47.70.812672.615.0%
Turkey10.8N/AN/A32.143.8%
Lebanon0.41.9N/A31.2327.3%
United Arab Emirates270114N/AN/A-57.8%
Austria13.8N/AN/AN/A0%
Indonesia15.3N/AN/AN/A0%
Saudi Arabia11.5N/AN/AN/A0%
Others37.5N/A2.3N/A-75.2%
Total599125138406-12.2%

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to Kuwait in 2022:

  1. India (9.6K units)
  2. China (9.2K units)
  3. United Kingdom (7.0K units)
  4. Turkey (1.9K units)
  5. Lebanon (1.9K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait

In 2022, shipments abroad of non-electric iron or steel central heating radiators of cast iron decreased by -99.8% to 5 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a precipitous curtailment. The exports peaked at 2.6K units in 2021, and then contracted dramatically in the following year.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron declined dramatically to $88 in 2022. In general, exports showed a precipitous shrinkage. Over the period under review, the exports of reached the peak figure at $3.3K in 2021, and then dropped significantly in the following year.

Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/AN/A0.10%
IranN/AN/A3.3N/A0%
Bahrain3.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.2N/A3.30.1-68.5%

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from Kuwait in 2022:

  1. Qatar (5.0 units)

Source: IndexBox Market Intelligence Platform

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