Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kuwait - 2022
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kuwait (CIF) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kuwait
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kuwait (CIF) - 2022
The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $1,984 per ton in 2022, declining by -12.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 23%. The import price peaked at $2,372 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($2,179 per ton) and the Netherlands ($2,064 per ton), while the price for China ($1,763 per ton) and India ($1,824 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kuwait
After two years of decline, overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by 38% to 20 tons in 2022. In general, imports, however, recorded a sharp reduction.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $40K in 2022. Overall, imports, however, continue to indicate a abrupt decrease.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 29.4 | 22.4 | 10.8 | 16.3 | -17.8% |
| United Arab Emirates | 11.4 | 11.1 | 11.9 | 12.6 | 3.4% |
| Netherlands | 10.4 | 7.8 | 3.0 | 5.5 | -19.1% |
| Germany | 3.3 | 1.2 | 2.3 | 2.4 | -10.1% |
| Belgium | 2.2 | 2.3 | 1.6 | 1.8 | -6.5% |
| China | 2.7 | 1.4 | 1.0 | 1.0 | -28.2% |
| Saudi Arabia | 13.7 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.6 | 2.1 | 0.1 | -20.6% |
| Total | 73.6 | 46.8 | 32.7 | 39.8 | -18.5% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Kuwait in 2022:
- India (8.9 tons)
- United Arab Emirates (5.8 tons)
- Netherlands (2.6 tons)
- Germany (1.2 tons)
- Belgium (0.9 tons)
- China (0.6 tons)
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