Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kuwait - 2022

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kuwait (CIF) - 2022
  2. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kuwait

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kuwait (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $10,074 per ton, with an increase of 5.4% against the previous year. In general, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 417%. The import price peaked at $20,655 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($148,519 per ton), while the price for the UK ($6,368 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kuwait

In 2022, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into Kuwait dropped remarkably to 543 kg, which is down by -36.9% against 2021 figures. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 254% against the previous year. As a result, imports attained the peak of 861 kg, and then declined dramatically in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol dropped dramatically to $5.5K in 2022. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 204% against the previous year. As a result, imports attained the peak of $8.2K, and then contracted sharply in the following year.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2,0401,3154,6803,17215.9%
Australia2,0208101,7641,210-15.7%
India1,133395758522-22.8%
Switzerland87734.0641443-20.4%
Germany416124203117-34.5%
Turkey75.031.01855.0-59.5%
Others1.0-1.0N/A1.00.0%
Total6,5622,7088,2315,470-5.9%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Kuwait in 2022:

  1. United Kingdom (498.0 kg)
  2. India (15.0 kg)
  3. Switzerland (15.0 kg)
  4. Australia (8.0 kg)
  5. Germany (6.0 kg)
  6. Turkey (2.0 kg)

Source: IndexBox Market Intelligence Platform

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