Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Kuwait - 2022
Contents:
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Kuwait (CIF) - 2022
- Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Kuwait
Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Kuwait (CIF) - 2022
In 2022, the average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $1,436 per ton, declining by -31.3% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of 68%. The import price peaked at $4,219 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 the UK ($21,404 per ton), while the price for Saudi Arabia ($196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Kuwait
In 2022, approx. 26 tons of glass; unworked, in balls (other than microspheres of heading no. 7018) were imported into Kuwait; jumping by 93% compared with the previous year. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) surged to $38K in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 192% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3.1 | 11.4 | 16.3 | 22.9 | 94.8% |
| China | 0.2 | 0.6 | 0.6 | 8.2 | 244.8% |
| Czech Republic | 0.3 | 1.2 | 1.7 | 2.4 | 100.0% |
| Turkey | 0.5 | 1.4 | 1.8 | 2.2 | 63.9% |
| Saudi Arabia | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
| Spain | 0.2 | 1.1 | 1.9 | 0.4 | 26.0% |
| India | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 1.1 | 0.7 | 5.5 | 0.9 | -6.5% |
| Total | 5.9 | 17.2 | 28.5 | 37.8 | 85.7% |
Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Kuwait in 2022:
- China (15.8 tons)
- Turkey (4.2 tons)
- Saudi Arabia (3.0 tons)
- United Kingdom (1.1 tons)
- Spain (0.8 tons)
- Czech Republic (0.5 tons)
- India (0.3 tons)
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