Kuwait - Phenols And Other Oils And Oil Products - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Phenols and Other Oils and Oil Products in Kuwait - 2022
Contents:
- Price for Phenols and Other Oils and Oil Products in Kuwait (CIF) - 2022
- Price for Phenols and Other Oils and Oil Products in Kuwait (FOB) - 2022
- Imports of Phenols and Other Oils and Oil Products in Kuwait
- Exports of Phenols and Other Oils and Oil Products in Kuwait
Price for Phenols and Other Oils and Oil Products in Kuwait (CIF) - 2022
In 2022, the average import price for phenols and other oils and oil products amounted to $3,350 per ton, jumping by 163% against the previous year. Over the period under review, the import price posted a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2013 to 2022, the rate of growth in terms of prices for India amounted to +4.8% per year.
Price for Phenols and Other Oils and Oil Products in Kuwait (FOB) - 2022
The average export price for phenols and other oils and oil products stood at $847 per ton in 2022, picking up by 51% against the previous year. In general, the export price showed a noticeable expansion. The pace of growth was the most pronounced in 2021 an increase of 53%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,417 per ton), while the average price for exports to the United Arab Emirates ($49 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 India (+8.1%), while the prices for the other major destinations experienced a decline.
Imports of Phenols and Other Oils and Oil Products in Kuwait
In 2022, overseas purchases of phenols and other oils and oil products decreased by -94.2% to 5.7 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports reached the peak of 502 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of phenols and other oils and oil products contracted notably to $19K in 2022. Overall, imports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 34%. As a result, imports attained the peak of $670K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Phenols and Other Oils and Oil Products in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.1 | 22.9 | 8.1 | 18.5 | -7.1% |
| India | 10.8 | 84.0 | 18.0 | N/A | 29.1% |
| United Arab Emirates | 235 | 283 | 9.5 | N/A | -79.9% |
| Singapore | 210 | 214 | 71.9 | N/A | -41.5% |
| Others | 22.6 | 66.6 | 18.8 | 0.7 | -68.6% |
| Total | 501 | 670 | 126 | 19.1 | -66.3% |
Top Suppliers of Phenols and Other Oils and Oil Products to Kuwait in 2022:
- Germany (5.6 tons)
Exports of Phenols and Other Oils and Oil Products in Kuwait
In 2022, approx. 25K tons of phenols and other oils and oil products were exported from Kuwait; increasing by 9.7% compared with the year before. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. As a result, the exports reached the peak of 27K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of phenols and other oils and oil products skyrocketed to $21M in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Phenols and Other Oils and Oil Products in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.1 | 6.1 | 8.2 | 15.4 | 23.9% |
| United Kingdom | 2.2 | 2.5 | 3.1 | 4.2 | 24.1% |
| Malaysia | 1.7 | 1.3 | 1.2 | 1.2 | -11.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.0 | 9.9 | 12.6 | 20.9 | 20.3% |
Top Export Markets for Phenols and Other Oils and Oil Products from Kuwait in 2022:
- India (10.9K tons)
- Malaysia (7.1K tons)
- United Kingdom (6.6K tons)
This report provides an in-depth analysis of the market for phenols and other oils and oil products 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 20147360 - Phenols
- Prodcom 20147390 - Other oils and oil products, 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
69
This report provides an in-depth analysis of the market for phenols and other oils and oil products in Kuwait.
347
This report provides an in-depth analysis of the market for oils from coal tar in Kuwait.
336
This report provides an in-depth analysis of the market for benzol, toluol and xylol in Kuwait.
327
This report provides an in-depth analysis of the aromatic hydrocarbon mixtures market in Kuwait.
79
This report provides an in-depth analysis of the global market for phenols and other oils and oil products.
891
This report provides an in-depth analysis of the global market for oils from coal tar.
1351
This report provides an in-depth analysis of the global market for benzol, toluol and xylol.
455
This report provides an in-depth analysis of the global aromatic hydrocarbon mixtures market.
69
This report provides an in-depth analysis of the market for phenols and other oils and oil products in Kuwait.
347
This report provides an in-depth analysis of the market for oils from coal tar in Kuwait.
378
Explore the top import markets for oils from coal tar, including the Netherlands, Belgium, and Ecuador. Get key statistics and data from the IndexBox market intelligence platform.
1093
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
1620
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
378
Explore the top import markets for oils from coal tar, including the Netherlands, Belgium, and Ecuador. Get key statistics and data from the IndexBox market intelligence platform.
1093
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
1620
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
