Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kuwait - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kuwait (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kuwait
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kuwait (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,298 per ton in December 2021, rising by 22% against the previous month. Over the period from November 2021 to December 2021, it increased at an average monthly rate of +22.4%. As a result, import price attained 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 India.
From November 2021 to December 2021, the rate of growth in terms of prices for Iran amounted to 0.0% per month.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kuwait
Imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Kuwait declined remarkably to 326 tons in 2022, waning by -72.5% on the previous year. Overall, imports showed a dramatic decline. The smallest decline of -30.8% was in 2021.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides plummeted to $376K in 2022. In general, imports showed a precipitous decrease. The smallest decline of -9.7% was in 2021.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,058 | 476 | 600 | 213 | -41.4% |
| South Korea | 1,182 | 266 | 79.8 | 59.4 | -63.1% |
| China | 162 | 45.3 | 157 | 43.5 | -35.5% |
| Iran | 187 | 216 | 200 | 42.9 | -38.8% |
| India | 158 | 111 | 185 | 9.6 | -60.7% |
| Turkey | 26.4 | 287 | N/A | N/A | 987.1% |
| Others | 142 | 26.9 | 66.9 | 7.8 | -62.0% |
| Total | 2,915 | 1,428 | 1,289 | 376 | -49.5% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Kuwait in 2022:
- Taiwan (Chinese) (208.9 tons)
- China (39.4 tons)
- South Korea (36.4 tons)
- Iran (30.6 tons)
- India (6.9 tons)
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