Price for Lecithins and Other Phosphoaminolipids in Kuwait - 2022

Contents:

1. Price for Lecithins and Other Phosphoaminolipids in Kuwait (CIF) - 2022
2. Price for Lecithins and Other Phosphoaminolipids in Kuwait (FOB) - 2022
3. Imports of Lecithins and Other Phosphoaminolipids in Kuwait
4. Exports of Lecithins and Other Phosphoaminolipids in Kuwait

Price for Lecithins and Other Phosphoaminolipids in Kuwait (CIF) - 2022

In 2022, the average lecithins and other phosphoaminolipids import price amounted to $1,349 per ton, falling by -8.9% against the previous year. Over the period under review, the import price showed a perceptible decrease. The pace of growth appeared the most rapid in 2017 an increase of 14%. Over the period under review, average import prices hit record highs at $1,830 per ton in 2014; however, from 2015 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 the Netherlands ($3,324 per ton), while the price for the United Arab Emirates ($1,135 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the prices for the other major suppliers experienced a decline.

Price for Lecithins and Other Phosphoaminolipids in Kuwait (FOB) - 2022

In 2022, the average lecithins and other phosphoaminolipids export price amounted to $2,840 per ton, stabilizing at the previous year. Overall, the export price enjoyed a noticeable increase. 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 the United Arab Emirates.

From 2015 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +4.3% per year.

Imports of Lecithins and Other Phosphoaminolipids in Kuwait

Lecithins and other phosphoaminolipids imports into Kuwait surged to 567 tons in 2022, increasing by 54% compared with 2021. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lecithins and other phosphoaminolipids imports skyrocketed to $765K in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 50% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Lecithins and Other Phosphoaminolipids to Kuwait in 2022:

1. India (351.3 tons)
2. United Arab Emirates (181.4 tons)
3. Germany (18.1 tons)
4. Netherlands (12.8 tons)
5. United States (0.4 tons)

Exports of Lecithins and Other Phosphoaminolipids in Kuwait

In 2022, after two years of decline, there was significant decline in shipments abroad of lecithins and other phosphoaminolipidses, when their volume decreased by -50% to 557 kg. Over the period under review, exports continue to indicate a precipitous setback.

In value terms, lecithins and other phosphoaminolipids exports fell rapidly to $1.6K in 2022. Overall, exports recorded a sharp curtailment.

Top Export Markets for Lecithins and Other Phosphoaminolipids from Kuwait in 2022:

1. United Arab Emirates (556.0 kg)

Source: IndexBox Market Intelligence Platform