Silicates; Sodium Metasilicates Price in Kuwait - 2022
Contents:
- Silicates; Sodium Metasilicates Price in Kuwait (CIF) - 2022
- Silicates; Sodium Metasilicates Price in Kuwait (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Kuwait
- Silicates; Sodium Metasilicates Exports in Kuwait
Silicates; Sodium Metasilicates Price in Kuwait (CIF) - 2022
In 2022, the average silicates; sodium metasilicates import price amounted to $471 per ton, dropping by -12% against the previous year. In general, the import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 46%. The import price peaked at $561 per ton in 2012; however, from 2013 to 2022, import prices stood 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 India ($552 per ton), while the price for Saudi Arabia ($281 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 Arab Emirates (+4.3%), while the prices for the other major suppliers experienced a decline.
Silicates; Sodium Metasilicates Price in Kuwait (FOB) - 2022
In 2022, the average silicates; sodium metasilicates export price amounted to $815 per ton, which is down by -8.6% against the previous year. In general, the export price, however, continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2014 an increase of 57% against the previous year. Over the period under review, the average export prices hit record highs at $891 per ton in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to +33.1% per year.
Silicates; Sodium Metasilicates Imports in Kuwait
In 2022, approx. 386 tons of silicates; sodium metasilicateses were imported into Kuwait; shrinking by -18.4% on the previous year's figure. In general, imports faced a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 57% against the previous year.
In value terms, silicates; sodium metasilicates imports fell dramatically to $182K in 2022. Overall, imports saw a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 130%.
| Import of Silicates; Sodium Metasilicates in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 325 | 63.6 | 148 | 134 | -25.6% |
| India | 20.6 | 10.3 | 29.4 | 17.8 | -4.8% |
| Netherlands | 21.3 | 14.8 | 15.0 | 8.8 | -25.5% |
| United Arab Emirates | 12.9 | 2.8 | 6.3 | 4.0 | -32.3% |
| Saudi Arabia | 6.8 | 3.0 | 1.1 | 2.0 | -33.5% |
| Egypt | N/A | N/A | 27.5 | N/A | 0% |
| Others | 54.1 | 15.7 | 25.4 | 14.7 | -35.2% |
| Total | 440 | 110 | 253 | 182 | -25.5% |
Top Suppliers of Silicates; Sodium Metasilicates to Kuwait in 2022:
- China (309.5 tons)
- India (32.3 tons)
- Netherlands (19.9 tons)
- United Arab Emirates (7.2 tons)
- Saudi Arabia (7.0 tons)
Silicates; Sodium Metasilicates Exports in Kuwait
In 2022, exports of silicates; sodium metasilicateses from Kuwait dropped markedly to 6.3 tons, with a decrease of -33.9% against 2021. Over the period under review, exports showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 329% against the previous year.
In value terms, silicates; sodium metasilicates exports shrank notably to $5.1K in 2022. In general, exports showed a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 380%.
| Export of Silicates; Sodium Metasilicates in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 0.2 | 0.2 | 0.1 | 5.1 | 194.3% |
| Iraq | N/A | N/A | 8.4 | N/A | 0% |
| Jordan | 7.7 | 0.4 | N/A | N/A | -94.8% |
| India | 1.2 | 1.2 | N/A | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.1 | 1.8 | 8.5 | 5.1 | -17.6% |
Top Export Markets for Silicates; Sodium Metasilicates from Kuwait in 2022:
- Qatar (6.3 tons)
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