Ester Gums Price in Kuwait - 2021
Contents:
Ester Gums Price in Kuwait (CIF) - 2022
The average ester gums import price stood at $4,647 per ton in 2022, with an increase of 1.9% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $7,653 per ton. From 2016 to 2022, the average import prices remained at a somewhat 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 Germany ($10,468 per ton), while the price for the United Arab Emirates ($3,573 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 States (+0.7%), while the prices for the other major suppliers experienced a decline.
Ester Gums Imports in Kuwait
In 2022, ester gums imports into Kuwait reduced dramatically to 983 kg, with a decrease of -40.5% on the previous year. In general, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 442%. As a result, imports reached the peak of 1.7 tons, and then contracted notably in the following year.
In value terms, ester gums imports contracted rapidly to $4.6K in 2022. Over the period under review, imports, however, posted a moderate expansion. The growth pace was the most rapid in 2021 when imports increased by 374% against the previous year. As a result, imports attained the peak of $7.5K, and then reduced notably in the following year.
| Import of Ester Gums in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.0 | 1.1 | 2.4 | 3.2 | 17.0% |
| Germany | 0.2 | 0.3 | 0.7 | 0.9 | 65.1% |
| United States | 0.5 | 0.2 | 0.2 | 0.5 | 0.0% |
| China | N/A | N/A | 1.9 | N/A | 0% |
| India | 1.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 2.4 | N/A | 0% |
| Total | 4.2 | 1.6 | 7.5 | 4.6 | 3.1% |
Top Suppliers of Ester Gums to Kuwait in 2022:
- Spain (815.0 kg)
- Germany (83.0 kg)
- United States (82.0 kg)
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