Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kuwait - 2022

Contents:

1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kuwait (CIF) - 2022
2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kuwait (FOB) - 2022
3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kuwait
4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kuwait

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kuwait (CIF) - 2022

In 2022, the average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,794 per ton, growing by 59% against the previous year. Overall, import price indicated a prominent expansion from 2013 to 2022: its price increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by +92.9% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($2,442 per ton) and Saudi Arabia ($1,843 per ton), while the price for Taiwan (Chinese) ($1,740 per ton) and Thailand ($1,740 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kuwait (FOB) - 2022

In 2022, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $2,486 per ton, increasing by 108% against the previous year. Overall, the export price showed a prominent expansion. As a result, the export price reached 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 Italy.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +12.9% per year.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kuwait

For the third year in a row, Kuwait recorded decline in purchases abroad of polymers of vinyl chloride or of other halogenated olefins, in primary formses, which decreased by -21.1% to 31K tons in 2022. Overall, imports continue to indicate a dramatic downturn. The smallest decline of -10.9% was in 2021.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses skyrocketed to $56M in 2022. Over the period under review, imports showed a dramatic slump.

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Kuwait in 2022:

1. United States (9.6K tons)
2. South Korea (6.4K tons)
3. China (5.5K tons)
4. Saudi Arabia (4.2K tons)
5. Thailand (1.7K tons)
6. United Arab Emirates (1.2K tons)
7. Taiwan (Chinese) (1.1K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kuwait

In 2022, the amount of polymers of vinyl chloride or of other halogenated olefins, in primary formses exported from Kuwait shrank significantly to 2.8 tons, which is down by -97.6% compared with the year before. In general, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 825,157%. As a result, the exports attained the peak of 116 tons, and then reduced markedly in the following year.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses dropped notably to $7K in 2022. Overall, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 1,151,825%. As a result, the exports attained the peak of $138K, and then declined notably in the following year.

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Kuwait in 2022:

1. Italy (2.8 tons)

Source: IndexBox Market Intelligence Platform