Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Kuwait - 2022

Contents:

1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Kuwait (CIF) - 2022
2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Kuwait (FOB) - 2022
3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Kuwait
4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Kuwait

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Kuwait (CIF) - 2022

In 2022, the average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $5,855 per ton, growing by 1.9% against the previous year. Over the period under review, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2019 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs at $6,981 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($46,841 per ton), while the price for India ($4,376 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+28.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Kuwait (FOB) - 2022

In 2022, the average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,804 per ton, approximately mirroring the previous year. In general, the export price saw a deep reduction. The growth pace was the most rapid in 2020 when the average export price increased by 7.6%. Over the period under review, the average export prices attained the peak figure at $3,087 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($1,829 per ton), while the average price for exports to the United Arab Emirates totaled $1,575 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Kuwait

In 2022, purchases abroad of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses was finally on the rise to reach 44 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $256K in 2022. In general, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Kuwait in 2022:

1. India (23.0 tons)
2. China (18.8 tons)
3. United Kingdom (0.8 tons)
4. Germany (0.5 tons)
5. Italy (0.1 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Kuwait

In 2022, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses from Kuwait stood at 11 tons, remaining relatively unchanged against 2021. Over the period under review, exports continue to indicate a dramatic decrease. The smallest decline of -5.7% was in 2020.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $21K in 2022. In general, exports showed a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 1.5% against the previous year. As a result, the exports attained the peak of $41K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Kuwait in 2022:

1. Qatar (10.3 tons)
2. United Arab Emirates (1.1 tons)

Source: IndexBox Market Intelligence Platform