Rafts; Inflatable Price in Kuwait - 2021

Contents:

  1. Rafts; Inflatable Price in Kuwait (CIF) - 2022
  2. Rafts; Inflatable Price in Kuwait (FOB) - 2022
  3. Rafts; Inflatable Imports in Kuwait
  4. Rafts; Inflatable Exports in Kuwait

Rafts; Inflatable Price in Kuwait (CIF) - 2022

The average rafts; inflatable import price stood at $1,732 per unit in 2022, jumping by 195% against the previous year. In general, the import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2018 an increase of 208%. The import price peaked at $2,289 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Singapore ($12,649 per unit), while the price for China ($380 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+60.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Rafts; Inflatable Price in Kuwait (FOB) - 2022

In 2022, the average rafts; inflatable export price amounted to $3,564 per unit, flattening at the previous year. Over the period under review, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2014 an increase of 150%. Over the period under review, the average export prices attained the maximum at $3,608 per unit in 2020; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($4,106 per unit), while the average price for exports to Singapore stood at $3,301 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+345.7%), while the prices for the other major destinations experienced mixed trend patterns.

Rafts; Inflatable Imports in Kuwait

In 2022, rafts; inflatable imports into Kuwait contracted rapidly to 156 units, declining by -79.6% against the previous year's figure. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,810%. As a result, imports attained the peak of 764 units, and then shrank markedly in the following year.

In value terms, rafts; inflatable imports plummeted to $270K in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 390%. As a result, imports attained the peak of $449K, and then shrank remarkably in the following year.

Import of Rafts; Inflatable in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.31.011.553.0461.1%
Singapore4.89.068.550.6119.3%
United Arab Emirates1.07.979.842.8249.8%
China3.65.122434.6112.6%
France1.010.649.926.8199.3%
Italy1.41.11.34.041.9%
United States29.73.05.12.4-56.8%
Others9.154.08.556.183.4%
Total50.991.644927074.4%

Top Suppliers of Rafts; Inflatable to Kuwait in 2022:

  1. China (91.0 units)
  2. United Kingdom (22.0 units)
  3. United Arab Emirates (16.0 units)
  4. France (7.0 units)
  5. Singapore (4.0 units)
  6. Italy (3.0 units)
  7. United States (1.0 units)

Rafts; Inflatable Exports in Kuwait

In 2022, after two years of decline, there was decline in overseas shipments of rafts; inflatables, when their volume decreased by 0% to 3 units. In general, exports showed a abrupt descent. The smallest decline of -25% was in 2020. Over the period under review, the exports reached the maximum at 4 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, rafts; inflatable exports stood at $11K in 2022. Over the period under review, exports saw a slight contraction. Over the period under review, the exports attained the peak figure at $11K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Rafts; Inflatable in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6.510.810.64.1-14.2%
SingaporeN/AN/AN/A3.30%
United Arab Emirates0.7N/AN/AN/A0%
Others3.9N/AN/A3.3-5.4%
Total11.110.810.610.7-1.2%

Top Export Markets for Rafts; Inflatable from Kuwait in 2022:

  1. United Kingdom (1.0 units)
  2. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform

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