Report Update Nov 1, 2024

Kuwait - Threaded Articles of Copper - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Threaded Copper Articles Market 2024

Threaded Copper Articles Market Size in Kuwait

In 2022, the Kuwaiti threaded copper articles market increased by 86% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption posted a strong increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Threaded Copper Articles Exports

Exports from Kuwait

In 2022, approx. X kg of threaded articles of copper were exported from Kuwait; approximately equating 2021 figures. In general, exports showed a sharp slump. The growth pace was the most rapid in 2021 with an increase of 117% against the previous year. Over the period under review, the exports attained the maximum at X kg in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, threaded copper articles exports shrank notably to $X in 2022. Over the period under review, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 127% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Switzerland (X kg) was the main destination for threaded copper articles exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Switzerland stood at -20.2%.

In value terms, Switzerland ($X) also remains the key foreign market for threaded articles of copper exports from Kuwait.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland stood at -23.5%.

Export Prices by Country

In 2022, the average threaded copper articles export price amounted to $X per ton, waning by -27.8% against the previous year. In general, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 an increase of 91% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to -4.2% per year.

Threaded Copper Articles Imports

Imports into Kuwait

In 2022, after two years of decline, there was significant growth in overseas purchases of threaded articles of copper, when their volume increased by 104% to X tons. Overall, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 267%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, threaded copper articles imports surged to $X in 2022. Over the period under review, imports enjoyed pronounced growth. The most prominent rate of growth was recorded in 2014 when imports increased by 364% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Pakistan (X tons) constituted the largest supplier of threaded copper articles to Kuwait, accounting for a 41% share of total imports. Moreover, threaded copper articles imports from Pakistan exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was held by China (X kg), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume from Pakistan totaled +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+16.1% per year) and China (+23.3% per year).

In value terms, the largest threaded copper articles suppliers to Kuwait were France ($X), Pakistan ($X) and Mexico ($X), with a combined 33% share of total imports.

Mexico, with a CAGR of +51.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average threaded copper articles import price amounted to $X per ton, dropping by -14.8% against the previous year. Over the period under review, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2015 an increase of 60% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for threaded articles of copper in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 50% share of global consumption.

What are the largest producers of threaded articles of copper in the world?

The country with the largest volume of threaded copper articles production was China, comprising approx. 27% of total volume. Moreover, threaded copper articles production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 11% share.

What are the leading suppliers of threaded articles of copper to Kuwait?

In value terms, China constituted the largest supplier of threaded copper articles to Kuwait, comprising 43% of total imports. The second position in the ranking was occupied by Pakistan, with a 15% share of total imports. It was followed by the UK, with a 7.9% share.

What are the leading importers of threaded articles of copper from Kuwait?

In value terms, Switzerland remains the key foreign market for threaded copper articles exports from Kuwait.

What is the average export price for threaded articles of copper in Kuwait?

In 2021, the average threaded copper articles export price amounted to $10,391 per ton, picking up by 8.1% against the previous year.

What is the average import price for threaded articles of copper in Kuwait?

In 2021, the average threaded copper articles import price amounted to $17,019 per ton, growing by 48% against the previous year.

This report provides an in-depth analysis of the threaded copper articles market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25941370 - Threaded articles of copper, n.e.c.

Country coverage:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023