Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kuwait - 2022
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kuwait (CIF) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kuwait
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kuwait (CIF) - 2022
The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $19,277 per ton in 2022, reducing by -10.8% against the previous year. In general, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 160% against the previous year. The import price peaked at $21,619 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($30,419 per ton), while the price for China ($3,639 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+44.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kuwait
In 2022, approx. 26 tons of press-fasteners, snap-fasteners, press-studs and parts therefor were imported into Kuwait; surging by 117% on 2021. In general, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 254% against the previous year.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor soared to $506K in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 497%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.7 | 0.5 | 143 | 371 | 416.0% |
| Czech Republic | 84.0 | 23.7 | 58.4 | 74.0 | -4.1% |
| China | 49.4 | 5.3 | 23.0 | 35.6 | -10.3% |
| Turkey | 1.6 | 0.4 | 1.9 | 4.6 | 42.2% |
| Taiwan (Chinese) | 11.5 | 2.4 | 3.3 | N/A | -46.4% |
| Others | 30.8 | 11.6 | 32.0 | 20.4 | -12.8% |
| Total | 180 | 43.9 | 262 | 506 | 41.1% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Kuwait in 2022:
- Italy (12.3 tons)
- China (9.8 tons)
- Czech Republic (2.4 tons)
- Turkey (1.1 tons)
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