Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait - 2022

Contents:

  1. Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait (CIF) - 2022
  2. Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait (FOB) - 2022
  3. Imports of Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait
  4. Exports of Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait

Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait (CIF) - 2022

The average import price for fluorides; other than of ammonium or sodium or aluminia stood at $2,392 per ton in 2022, increasing by 20% against the previous year. Overall, the import price saw modest growth. The most prominent rate of growth was recorded in 2014 an increase of 150% against the previous year. Over the period under review, average import prices reached the maximum at $5,760 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Spain ($2,475 per ton), while the price for China ($900 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.8%), while the prices for the other major suppliers experienced a decline.

Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait (FOB) - 2022

In 2022, the average export price for fluorides; other than of ammonium or sodium or aluminia amounted to $4,974 per ton, rising by 26% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 96% against the previous year. The export price peaked at $5,099 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2018 to 2022, the rate of growth in terms of prices for Bahrain amounted to +18.8% per year.

Imports of Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait

In 2022, the amount of fluorides; other than of ammonium or sodium or aluminia imported into Kuwait soared to 127 tons, picking up by 56% on 2021. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of fluorides; other than of ammonium or sodium or aluminia surged to $304K in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain61.457.357.119948.0%
India9.411.429.9102121.4%
China18.351.437.60.2-77.8%
Others64.328.037.02.3-67.1%
Total15314816230425.7%

Top Suppliers of Fluorides; Other than of Ammonium or Sodium or Aluminium to Kuwait in 2022:

  1. Spain (80.3 tons)
  2. India (46.1 tons)
  3. China (0.3 tons)

Exports of Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait

In 2022, the amount of fluorides; other than of ammonium or sodium or aluminia exported from Kuwait contracted rapidly to 7.1 tons, waning by -78.4% against 2021 figures. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 5,975%. As a result, the exports attained the peak of 33 tons, and then dropped notably in the following year.

In value terms, exports of fluorides; other than of ammonium or sodium or aluminia shrank markedly to $35K in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 11,813% against the previous year. As a result, the exports attained the peak of $129K, and then contracted rapidly in the following year.

Export of Fluorides; Other than of Ammonium or Sodium or Aluminium in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A8.10%
QatarN/AN/A97.3N/A0%
Saudi ArabiaN/AN/A12.8N/A0%
Bahrain1.40.61.7N/A10.2%
OthersN/A0.417.227.1723.1%
Total1.41.112935.2193.0%

Top Export Markets for Fluorides; Other than of Ammonium or Sodium or Aluminium from Kuwait in 2022:

  1. United Arab Emirates (7.1 tons)

Source: IndexBox Market Intelligence Platform

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