Price for Poly(Lactic Acid); in Primary Forms in Kuwait - 2021
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Kuwait (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Kuwait (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Kuwait
- Exports of Poly(Lactic Acid); in Primary Forms in Kuwait
Price for Poly(Lactic Acid); in Primary Forms in Kuwait (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $9,804 per ton in 2022, surging by 23% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 98%. Over the period under review, average import prices reached the maximum at $14,779 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +59.7% per year.
Price for Poly(Lactic Acid); in Primary Forms in Kuwait (FOB) - 2022
The average export price for poly(lactic acid); in primary formses stood at $9,592 per ton in 2021, with an increase of 10% against the previous year. In general, the export price continues to indicate a strong expansion. The growth pace was the most rapid in 2019 an increase of 104% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2021, the rate of growth in terms of prices for Iraq amounted to +94.6% per year.
Imports of Poly(Lactic Acid); in Primary Forms in Kuwait
In 2022, after two years of decline, there was growth in overseas purchases of poly(lactic acid); in primary formses, when their volume increased by 2.6% to 16 tons. In general, imports, however, recorded a perceptible descent.
In value terms, poly(lactic acid); in primary forms imports skyrocketed to $155K in 2022. Overall, imports, however, faced a deep setback.
| Import of Poly(Lactic Acid); in Primary Forms in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 234 | 153 | 102 | 155 | -12.8% |
| Russia | 18.2 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 3.5 | 21.5 | N/A | 514.3% |
| Saudi Arabia | N/A | 30.9 | N/A | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 252 | 187 | 123 | 155 | -15.0% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Kuwait in 2022:
- United States (15.8 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Kuwait
In 2021, poly(lactic acid); in primary forms exports from Kuwait declined significantly to 11 tons, dropping by -35.7% against the year before. In general, exports saw a dramatic curtailment.
In value terms, poly(lactic acid); in primary forms exports shrank notably to $103K in 2021. Over the period under review, exports recorded a significant contraction. The smallest decline of -27% was in 2020.
| Export of Poly(Lactic Acid); in Primary Forms in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Saudi Arabia | N/A | N/A | 103 | 0% | |
| Qatar | 21.0 | 36.7 | N/A | 74.8% | |
| Denmark | N/A | 108 | N/A | 0% | |
| Iraq | 178 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 199 | 145 | 103 | -28.1% | |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Kuwait in 2022:
- Saudi Arabia (10.7 tons)
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