Kuwait: Unwrought Lead Market 2021

Unwrought Lead Market Size in Kuwait

After five years of growth, the Kuwaiti unwrought lead market decreased by -X% to $X in 2020. In general, consumption, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Unwrought lead consumption peaked at $X in 2019, and then reduced in the following year.

Unwrought Lead Production in Kuwait

In value terms, unwrought lead production declined to $X in 2020 estimated in export prices. Overall, the total production indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% year-to-year. Unwrought lead production peaked at $X in 2019, and then contracted in the following year.

Unwrought Lead Exports

Exports from Kuwait

For the sixth year in a row, Kuwait recorded decline in shipments abroad of unwrought lead, which decreased by -X% to X tons in 2020. Overall, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, unwrought lead exports shrank to $X in 2020. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

South Korea (X tons) was the main destination for unwrought lead exports from Kuwait, with a X% share of total exports. Moreover, unwrought lead exports to South Korea exceeded the volume sent to the second major destination, India (X tons), fivefold.

From 2007 to 2020, the average annual growth rate of volume to South Korea stood at +X%.

In value terms, South Korea ($X) remains the key foreign market for unwrought lead exports from Kuwait, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to South Korea totaled +X%.

Export Prices by Country

In 2020, the average unwrought lead export price amounted to $X per ton, waning by -X% against the previous year. Overall, the export price recorded a mild setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per ton. From 2014 to 2020, the growth in terms of the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was India ($X per ton), while the average price for exports to South Korea amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India.

Unwrought Lead Imports

Imports into Kuwait

In 2020, unwrought lead imports into Kuwait surged to X tons, rising by X% on the year before. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, unwrought lead imports expanded markedly to $X in 2020. Overall, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the United Arab Emirates (X tons) constituted the largest supplier of unwrought lead to Kuwait, with a X% share of total imports. Moreover, unwrought lead imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X kg), ninefold.

From 2007 to 2020, the average annual growth rate of volume from the United Arab Emirates stood at +X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of unwrought lead to Kuwait, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the United Arab Emirates totaled +X%.

Import Prices by Country

In 2020, the average unwrought lead import price amounted to $X per ton, which is down by -X% 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 2016 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per ton), while the price for the United Arab Emirates totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India.

Source: IndexBox Platform

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