Price for Iodides and Iodide Oxides in Kuwait - 2021

Contents:

  1. Price for Iodides and Iodide Oxides in Kuwait (CIF) - 2022
  2. Price for Iodides and Iodide Oxides in Kuwait (FOB) - 2022
  3. Imports of Iodides and Iodide Oxides in Kuwait
  4. Exports of Iodides and Iodide Oxides in Kuwait

Price for Iodides and Iodide Oxides in Kuwait (CIF) - 2022

The average iodides and iodide oxides import price stood at $20,706 per ton in 2022, dropping by -4.6% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 16% against the previous year. As a result, import price attained the peak level of $52,508 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($96,467 per ton), while the price for China ($3,243 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iodides and Iodide Oxides in Kuwait (FOB) - 2022

The average iodides and iodide oxides export price stood at $106,963 per ton in 2020, growing by 19% against the previous year. Overall, the export price recorded a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2017 to 2020, the rate of growth in terms of prices for Saudi Arabia amounted to +18.8% per year.

Imports of Iodides and Iodide Oxides in Kuwait

In 2022, after two years of decline, there was significant growth in overseas purchases of iodides and iodide oxideses, when their volume increased by 111% to 1.8 tons. In general, imports, however, saw a deep downturn.

In value terms, iodides and iodide oxides imports soared to $38K in 2022. Over the period under review, imports, however, showed a significant decline.

Import of Iodides and Iodide Oxides in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany20.124.66.310.5-19.5%
Belgium0.12.11.24.3250.3%
Spain3.96.02.04.11.7%
United States9.29.31.63.9-24.9%
India42.44.71.22.1-63.3%
China2.33.41.02.0-4.6%
United Kingdom0.32.20.71.363.0%
Others7.74.64.79.57.3%
Total86.156.918.737.8-24.0%

Top Suppliers of Iodides and Iodide Oxides to Kuwait in 2022:

  1. China (617.0 kg)
  2. Germany (393.0 kg)
  3. India (324.0 kg)
  4. United States (256.0 kg)
  5. Spain (83.0 kg)
  6. Belgium (45.0 kg)
  7. United Kingdom (36.0 kg)

Exports of Iodides and Iodide Oxides in Kuwait

In 2020, the amount of iodides and iodide oxideses exported from Kuwait fell dramatically to 269 kg, waning by -60.1% on the year before. In general, exports saw a dramatic descent.

In value terms, iodides and iodide oxides exports shrank significantly to $29K in 2020. Over the period under review, exports showed a sharp descent.

Export of Iodides and Iodide Oxides in Kuwait (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Saudi Arabia60.828.8-52.6%
OthersN/AN/A0%
Total60.828.8-52.6%

Top Export Markets for Iodides and Iodide Oxides from Kuwait in 2022:

  1. Saudi Arabia (269.0 kg)

Source: IndexBox Market Intelligence Platform

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