Sulphates; of Copper Price in Kuwait - 2021

Contents:

  1. Sulphates; of Copper Price in Kuwait (CIF) - 2022
  2. Sulphates; of Copper Price in Kuwait (FOB) - 2022
  3. Sulphates; of Copper Imports in Kuwait
  4. Sulphates; of Copper Exports in Kuwait

Sulphates; of Copper Price in Kuwait (CIF) - 2022

The average sulphates; of copper import price stood at $4,203 per ton in 2022, increasing by 30% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2017 an increase of 53%. Over the period under review, average import prices attained the peak figure at $6,399 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($19,984 per ton), while the price for Turkey ($950 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.1%), while the prices for the other major suppliers experienced a decline.

Sulphates; of Copper Price in Kuwait (FOB) - 2022

In 2022, the average sulphates; of copper export price amounted to $1,946 per ton, surging by 14% against the previous year. In general, the export price, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2015 when the average export price increased by 39%. As a result, the export price reached the peak level of $2,970 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -2.4% per year.

Sulphates; of Copper Imports in Kuwait

In 2022, imports of sulphates; of coppers into Kuwait dropped rapidly to 1.6 tons, shrinking by -34.1% compared with 2021 figures. Over the period under review, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 177%.

In value terms, sulphates; of copper imports dropped to $6.6K in 2022. Overall, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year.

Import of Sulphates; of Copper in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5.41.82.42.2-25.9%
China6.32.02.52.2-29.6%
India0.50.61.20.921.6%
Saudi Arabia1.40.60.70.5-29.1%
TurkeyN/AN/AN/A0.10%
United Arab Emirates0.80.10.20.1-50.0%
RussiaN/A0.10.2N/A100.0%
Others0.90.30.40.5-17.8%
Total15.35.57.76.6-24.4%

Top Suppliers of Sulphates; of Copper to Kuwait in 2022:

  1. China (755.0 kg)
  2. Saudi Arabia (406.0 kg)
  3. India (111.0 kg)
  4. United Kingdom (111.0 kg)
  5. United Arab Emirates (89.0 kg)
  6. Turkey (84.0 kg)

Sulphates; of Copper Exports in Kuwait

In 2022, sulphates; of copper exports from Kuwait dropped to 3.4 tons, waning by -6.9% against 2021 figures. Overall, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by 5.2%. As a result, the exports reached the peak of 3.7 tons, and then declined in the following year.

In value terms, sulphates; of copper exports rose markedly to $6.7K in 2022. Over the period under review, exports continue to indicate a abrupt decrease.

Export of Sulphates; of Copper in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates8.07.15.76.7-5.7%
QatarN/AN/A0.6N/A0%
OthersN/AN/AN/AN/A0%
Total8.07.16.36.7-5.7%

Top Export Markets for Sulphates; of Copper from Kuwait in 2022:

  1. United Arab Emirates (3.4 tons)

Source: IndexBox Market Intelligence Platform

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