Price for Embroidery; in the Piece, in Strips or in Motifs in Kuwait - 2022
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Kuwait (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Kuwait (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Kuwait
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Kuwait
Price for Embroidery; in the Piece, in Strips or in Motifs in Kuwait (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $33,414 per ton in 2022, picking up by 84% against the previous year. In general, import price indicated pronounced growth from 2013 to 2022: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($55,293 per ton), while the price for the United Arab Emirates ($7,434 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Embroidery; in the Piece, in Strips or in Motifs in Kuwait (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $8,573 per ton, approximately reflecting the previous year. In general, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 264% against the previous year. As a result, the export price reached the peak level of $32,798 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($28,463 per ton), while the average price for exports to Saudi Arabia ($2,484 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+38.2%), while the prices for the other major destinations experienced a decline.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Kuwait
In 2022, the amount of embroidery; in the piece, in strips or in motifses imported into Kuwait expanded sharply to 50 tons, picking up by 8.1% compared with the previous year's figure. Overall, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year.
In value terms, imports of embroidery; in the piece, in strips or in motifses surged to $1.7M in 2022. Over the period under review, imports, however, saw a slight slump.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 881 | 525 | 392 | 788 | -3.7% |
| India | 151 | 42.7 | 187 | 670 | 64.3% |
| Turkey | 133 | 13.2 | 145 | 125 | -2.0% |
| United Arab Emirates | 2.2 | 10.5 | 14.5 | 6.2 | 41.3% |
| South Korea | 471 | 123 | N/A | N/A | -73.9% |
| Vietnam | N/A | N/A | 48.9 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 23.4 | N/A | 0% |
| Others | 107 | 96.0 | 22.0 | 69.7 | -13.3% |
| Total | 1,745 | 811 | 832 | 1,659 | -1.7% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Kuwait in 2022:
- China (32.3 tons)
- India (13.4 tons)
- Turkey (2.3 tons)
- United Arab Emirates (0.8 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Kuwait
In 2022, overseas shipments of embroidery; in the piece, in strips or in motifses decreased by 0% to 3.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,122% against the previous year. Over the period under review, the exports of embroidery; in piece, in strips or in motifses reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of embroidery; in the piece, in strips or in motifses stood at $27K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 7,997%. As a result, the exports reached the peak of $47K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | N/A | N/A | N/A | 12.8 | 0% |
| Turkey | N/A | 46.6 | N/A | 8.4 | -57.5% |
| Saudi Arabia | N/A | N/A | N/A | 6.0 | 0% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 0.6 | 46.6 | N/A | 27.2 | 256.6% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Kuwait in 2022:
- Saudi Arabia (2.4 tons)
- Lebanon (0.5 tons)
- Turkey (0.3 tons)
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In value terms, embroidery imports amounted to $X in 2016. In general, embroidery imports continue to indicate a significant deduction. Over the period under review, global embroidery imports reach...
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