Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait - 2022
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait (CIF) - 2022
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait (FOB) - 2022
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait (CIF) - 2022
The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,472 per ton in 2022, picking up by 12% against the previous year. In general, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 64%. As a result, import price attained the peak level of $3,782 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Qatar ($2,472 per ton) and China ($2,472 per ton), while the price for the UK ($2,471 per ton) and South Korea ($2,472 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait (FOB) - 2022
The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,132 per ton in 2022, picking up by 3.5% against the previous year. Overall, the export price posted strong growth. The pace of growth was the most pronounced in 2013 an increase of 132% against the previous year. The export price peaked at $2,606 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.6% per year.
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait
In 2022, overseas purchases of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses increased by 466% to 513 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses surged to $1.3M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 39.8 | 64.7 | 68.3 | 925 | 185.4% |
| Qatar | N/A | N/A | N/A | 205 | 0% |
| China | 76.5 | 40.6 | 57.6 | 134 | 20.5% |
| Germany | 41.3 | 53.1 | 5.2 | N/A | -64.5% |
| United Arab Emirates | 16.0 | 6.5 | 8.7 | N/A | -26.3% |
| Taiwan (Chinese) | 29.7 | 12.7 | 15.4 | N/A | -28.0% |
| Netherlands | 74.3 | 16.1 | 8.9 | N/A | -65.4% |
| Others | 79.3 | 24.4 | 36.3 | 2.9 | -66.8% |
| Total | 357 | 218 | 200 | 1,267 | 52.5% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Kuwait in 2022:
- South Korea (374.2 tons)
- Qatar (82.9 tons)
- China (54.2 tons)
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait
In 2022, approx. 7.4 tons of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses were exported from Kuwait; increasing by 43% compared with the year before. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 74% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses soared to $16K in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 91%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3.3 | 2.9 | 6.2 | 15.9 | 68.9% |
| Qatar | 2.7 | 0.9 | N/A | N/A | -66.7% |
| United Arab Emirates | 1.8 | 1.8 | 4.6 | N/A | 59.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.8 | 5.6 | 10.8 | 15.9 | 26.8% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Kuwait in 2022:
- Saudi Arabia (7.4 tons)
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