Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Kuwait - 2022
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Kuwait (CIF) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Kuwait
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Kuwait (CIF) - 2022
The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $2,057 per ton in 2022, falling by -12.1% against the previous year. In general, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2013 when the average import price increased by 76% against the previous year. As a result, import price reached the peak level of $6,669 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -5.4% per year.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Kuwait
Imports of alcohols; aromatic and derivatives, other than benzyl alcohol into Kuwait soared to 23 tons in 2022, with an increase of 162% on the year before. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 182%. As a result, imports reached the peak of 27 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol surged to $47K in 2022. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 149%. As a result, imports reached the peak of $73K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 29.0 | 72.0 | 20.1 | 46.2 | 16.8% |
| Others | 0.3 | 1.0 | 0.2 | 0.4 | 10.1% |
| Total | 29.3 | 73.0 | 20.3 | 46.6 | 16.7% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Kuwait in 2022:
- Saudi Arabia (22.6 tons)
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