Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kuwait - 2022

Contents:

1. Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kuwait (CIF) - 2022
2. Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kuwait (FOB) - 2022
3. Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kuwait
4. Exports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kuwait

Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kuwait (CIF) - 2022

The average import price for wood; assembled flooring panels, multilayer, other than mosaic stood at $2,748 per ton in 2022, reducing by -14.9% against the previous year. In general, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $6,605 per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 France ($26,096 per ton), while the price for the Netherlands ($472 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kuwait (FOB) - 2022

The average export price for wood; assembled flooring panels, multilayer, other than mosaic stood at $2,316 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 152% against the previous year. Over the period under review, the average export prices attained the maximum at $2,837 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +13.4% per year.

Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kuwait

For the fourth year in a row, Kuwait recorded growth in supplies from abroad of wood; assembled flooring panels, multilayer, other than mosaic, which increased by 13% to 740 tons in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of wood; assembled flooring panels, multilayer, other than mosaic reduced modestly to $2M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 8.7% against the previous year. As a result, imports attained the peak of $2.1M, and then declined in the following year.

Top Suppliers of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic to Kuwait in 2022:

1. Netherlands (498.8 tons)
2. China (102.1 tons)
3. Italy (63.1 tons)
4. Germany (32.2 tons)
5. Canada (16.7 tons)
6. France (8.1 tons)

Exports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kuwait

In 2022, overseas shipments of wood; assembled flooring panels, multilayer, other than mosaic were finally on the rise to reach 228 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a deep contraction.

In value terms, exports of wood; assembled flooring panels, multilayer, other than mosaic expanded significantly to $528 in 2022. Over the period under review, exports, however, faced a deep reduction.

Top Export Markets for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic from Kuwait in 2022:

1. Saudi Arabia (228.0 kg)

Source: IndexBox Market Intelligence Platform