Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Kuwait - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Kuwait (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Kuwait
Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Kuwait (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $1,770 per ton in 2022, dropping by -7.2% against the previous year. In general, the import price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2014 an increase of 8.5% against the previous year. As a result, import price reached the peak level of $2,229 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($1,971 per ton) and the Netherlands ($1,971 per ton), while the price for South Korea ($1,317 per ton) and Taiwan (Chinese) ($1,408 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Kuwait
In 2022, purchases abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses decreased by -19.1% to 34 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 93%. As a result, imports attained the peak of 135 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses reduced remarkably to $61K in 2022. Over the period under review, imports faced a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 89% against the previous year. As a result, imports attained the peak of $248K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 70.1 | 114 | 46.0 | 37.1 | -19.1% |
| China | 3.1 | 2.8 | 0.4 | 11.0 | 52.5% |
| Netherlands | 44.1 | 115 | 14.3 | 4.3 | -54.0% |
| Jordan | N/A | N/A | 14.1 | 4.3 | -69.5% |
| Taiwan (Chinese) | 13.2 | 16.1 | 5.5 | 3.7 | -34.6% |
| Others | 1.0 | 0.6 | 0.2 | 0.2 | -41.5% |
| Total | 132 | 248 | 80.6 | 60.5 | -22.9% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to Kuwait in 2022:
- Saudi Arabia (21.2 tons)
- China (5.6 tons)
- Taiwan (Chinese) (2.6 tons)
- Jordan (2.4 tons)
- Netherlands (2.2 tons)
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