Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Kuwait - 2022

Contents:

1. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Kuwait (CIF) - 2022
2. Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Kuwait

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Kuwait (CIF) - 2022

The average import price for liquefied ethylene, propylene, butylene and butadienes stood at $2,254 per ton in 2022, shrinking by -3% against the previous year. Over the period under review, the import price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 70%. As a result, import price reached the peak level of $2,478 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -21.9% per year.

Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Kuwait

In 2022, the amount of liquefied ethylene, propylene, butylene and butadienes imported into Kuwait rose to 3.7 tons, with an increase of 3.1% on 2021 figures. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of 3.9 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes totaled $8.4K in 2022. Overall, imports saw a relatively flat trend pattern. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Liquefied Ethylene, Propylene, Butylene and Butadiene to Kuwait in 2022:

1. United Kingdom (16.9 tons)

Source: IndexBox Market Intelligence Platform