Gold Compounds Price in Kuwait - 2022
Contents:
Gold Compounds Price in Kuwait (CIF) - 2022
The average gold compounds import price stood at $1,857,000 per ton in 2022, increasing by 212% against the previous year. Over the period under review, the import price saw a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 268% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +12.1% per year.
Gold Compounds Imports in Kuwait
In 2022, the amount of gold compoundses imported into Kuwait reduced dramatically to 1 kg, falling by -50% on the previous year. Over the period under review, imports faced a dramatic decline.
In value terms, gold compounds imports soared to $1.9K in 2022. Overall, imports, however, showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Gold Compounds in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 1,857 | 0% |
| Germany | 372 | 436 | 509 | N/A | 17.0% |
| United States | 389 | 515 | 680 | N/A | 32.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 761 | 951 | 1,189 | 1,857 | 34.6% |
Top Suppliers of Gold Compounds to Kuwait in 2022:
- Turkey (1.0 kg)
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