Price for Aluminium; Powders and Flakes in Kuwait - 2022
Contents:
- Price for Aluminium; Powders and Flakes in Kuwait (CIF) - 2022
- Price for Aluminium; Powders and Flakes in Kuwait (FOB) - 2022
- Imports of Aluminium; Powders and Flakes in Kuwait
- Exports of Aluminium; Powders and Flakes in Kuwait
Price for Aluminium; Powders and Flakes in Kuwait (CIF) - 2022
The average aluminium; powders and flakes import price stood at $3,463 per ton in 2022, waning by -3.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $4,164 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,520 per ton), while the price for Saudi Arabia ($1,213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.9%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium; Powders and Flakes in Kuwait (FOB) - 2022
The average aluminium; powders and flakes export price stood at $3,438 per ton in 2022, reducing by -10.5% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 an increase of 46% against the previous year. The export price peaked at $3,928 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($7,977 per ton), while the average price for exports to India ($1,306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Powders and Flakes in Kuwait
In 2022, after two years of decline, there was significant growth in purchases abroad of aluminium; powders and flakeses, when their volume increased by 8.1% to 183 tons. Over the period under review, imports, however, showed a perceptible contraction.
In value terms, aluminium; powders and flakes imports expanded modestly to $632K in 2022. Overall, imports, however, continue to indicate a noticeable downturn.
| Import of Aluminium; Powders and Flakes in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 668 | 622 | 538 | 588 | -4.2% |
| Belgium | 20.9 | 19.6 | 18.6 | 17.2 | -6.3% |
| Saudi Arabia | 3.8 | 4.5 | 6.5 | 6.3 | 18.4% |
| Others | 22.3 | 15.4 | 40.5 | 21.4 | -1.4% |
| Total | 715 | 661 | 604 | 632 | -4.0% |
Top Suppliers of Aluminium; Powders and Flakes to Kuwait in 2022:
- India (166.9 tons)
- Belgium (9.4 tons)
- Saudi Arabia (5.2 tons)
Exports of Aluminium; Powders and Flakes in Kuwait
In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium; powders and flakeses, when their volume decreased by -11.2% to 11 tons. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 339% against the previous year.
In value terms, aluminium; powders and flakes exports contracted markedly to $36K in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 226%.
| Export of Aluminium; Powders and Flakes in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 4.0 | 14.9 | 27.6 | 22.6 | 78.1% |
| India | 2.9 | 8.5 | 11.9 | 8.9 | 45.3% |
| United Arab Emirates | 0.9 | 3.3 | 5.9 | 4.6 | 72.3% |
| Others | 0.5 | N/A | N/A | N/A | 0% |
| Total | 8.2 | 26.8 | 45.4 | 36.1 | 63.9% |
Top Export Markets for Aluminium; Powders and Flakes from Kuwait in 2022:
- India (6.8 tons)
- Saudi Arabia (2.8 tons)
- United Arab Emirates (0.9 tons)
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