Price for Quinones; Other than Anthraquinone in Kuwait - 2022

Contents:

  1. Price for Quinones; Other than Anthraquinone in Kuwait (CIF) - 2022
  2. Imports of Quinones; Other than Anthraquinone in Kuwait

Price for Quinones; Other than Anthraquinone in Kuwait (CIF) - 2022

In 2022, the average quinones; other than anthraquinone import price amounted to $53,151 per ton, stabilizing at the previous year. Overall, the import price, however, showed a abrupt slump. The growth pace was the most rapid in 2014 when the average import price increased by 58% against the previous year. As a result, import price attained the peak level of $125,429 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 United States ($1,421,000 per ton), while the price for Germany ($4,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Quinones; Other than Anthraquinone in Kuwait

In 2022, the amount of quinones; other than anthraquinones imported into Kuwait rose slightly to 53 kg, with an increase of 1.9% on 2021 figures. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, quinones; other than anthraquinone imports reached $2.8K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66% 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.

Import of Quinones; Other than Anthraquinone in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8888301,3911,42117.0%
Japan33635466876831.7%
India15812225129923.7%
China1211061671609.8%
United Kingdom365230259128-29.5%
FranceN/AN/AN/A20.00%
BelgiumN/AN/AN/A12.00%
Germany13.09.011.09.0-11.5%
OthersN/AN/AN/AN/A0%
Total1,8811,6512,7472,81714.4%

Top Suppliers of Quinones; Other than Anthraquinone to Kuwait in 2022:

  1. India (23.0 kg)
  2. Japan (23.0 kg)
  3. Germany (2.0 kg)
  4. United States (1.0 kg)
  5. France (1.0 kg)
  6. United Kingdom (1.0 kg)
  7. Belgium (1.0 kg)
  8. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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