Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait - 2022
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait (CIF) - 2022
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait (CIF) - 2022
The average import price for tubes, pipes and hollow profiles, of cast iron stood at $903 per ton in 2022, reducing by -15.3% against the previous year. Overall, the import price saw a perceptible descent. The growth pace was the most rapid in 2019 when the average import price increased by 21% against the previous year. The import price peaked at $1,323 per ton in 2012; however, from 2013 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 Japan ($1,183 per ton), while the price for France ($606 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait (FOB) - 2022
The average export price for tubes, pipes and hollow profiles, of cast iron stood at $550 per ton in 2022, picking up by 2.2% against the previous year. Overall, the export price, however, recorded a deep contraction. The growth pace was the most rapid in 2020 an increase of 120%. The export price peaked at $959 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,294 per ton), while the average price for exports to China ($261 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 Iraq (+9.6%), while the prices for the other major destinations experienced a decline.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait
In 2022, the amount of tubes, pipes and hollow profiles, of cast iron imported into Kuwait stood at 136K tons, picking up by 11% compared with the previous year. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 78% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron fell to $123M in 2022. Overall, imports showed resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 109% against the previous year. As a result, imports attained the peak of $131M, and then shrank in the following year.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 13.9 | 55.8 | 50.5 | 67.2% |
| France | 21.0 | 21.9 | 31.7 | 27.1 | 8.9% |
| United Arab Emirates | 1.1 | 6.9 | 13.1 | 17.2 | 150.1% |
| Saudi Arabia | 13.7 | 6.6 | 11.1 | 14.9 | 2.8% |
| India | 9.3 | 6.5 | 4.3 | 4.3 | -22.7% |
| Oman | 1.9 | 0.7 | 7.0 | 3.3 | 20.2% |
| Jordan | 1.1 | 0.6 | 3.1 | 1.8 | 17.8% |
| Others | 15.9 | 5.5 | 4.5 | 3.7 | -38.5% |
| Total | 74.9 | 62.6 | 131 | 123 | 18.0% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Kuwait in 2022:
- China (48.6K tons)
- France (44.8K tons)
- United Arab Emirates (16.5K tons)
- Saudi Arabia (14.3K tons)
- India (4.2K tons)
- Oman (3.2K tons)
- Jordan (1.7K tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait
After two years of decline, shipments abroad of tubes, pipes and hollow profiles, of cast iron increased by 46% to 974 tons in 2022. Over the period under review, exports, however, faced a significant decline.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron skyrocketed to $536K in 2022. In general, exports, however, recorded a significant curtailment.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 14.2 | 114 | 131 | 122 | 104.8% |
| United Arab Emirates | 105 | 1,048 | 8.6 | 98.3 | -2.2% |
| Pakistan | 573 | 47.6 | 26.2 | 73.1 | -49.7% |
| India | 74.5 | 104 | 61.7 | 55.4 | -9.4% |
| China | 123 | 76.1 | 49.7 | 49.4 | -26.2% |
| Iran | 11.9 | 14.5 | 18.7 | 36.9 | 45.8% |
| Iraq | 65.6 | 21.2 | 3.4 | 17.3 | -35.9% |
| Jordan | 28.7 | 13.8 | 9.7 | 10.3 | -28.9% |
| Others | 78.4 | 64.2 | 50.5 | 73.3 | -2.2% |
| Total | 1,074 | 1,504 | 359 | 536 | -20.7% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Kuwait in 2022:
- Pakistan (259.4 tons)
- China (189.5 tons)
- India (168.8 tons)
- Qatar (154.4 tons)
- United Arab Emirates (76.0 tons)
- Iran (44.1 tons)
- Jordan (24.8 tons)
- Iraq (18.7 tons)
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in Kuwait.
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This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in Kuwait.
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This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
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