Sulphides; of Sodium Price in Kuwait - 2021
Contents:
- Sulphides; of Sodium Price in Kuwait (CIF) - 2022
- Sulphides; of Sodium Price in Kuwait (FOB) - 2022
- Sulphides; of Sodium Imports in Kuwait
- Sulphides; of Sodium Exports in Kuwait
Sulphides; of Sodium Price in Kuwait (CIF) - 2022
In 2022, the average sulphides; of sodium import price amounted to $213 per ton, rising by 20% against the previous year. In general, the import price, however, recorded a drastic downturn. The import price peaked at $678 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($2,282 per ton), while the price for China ($134 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.5%), while the prices for the other major suppliers experienced a decline.
Sulphides; of Sodium Price in Kuwait (FOB) - 2022
In 2022, the average sulphides; of sodium export price amounted to $256 per ton, with a decrease of -16.4% against the previous year. Overall, the export price recorded a drastic downturn. The growth pace was the most rapid in 2021 an increase of 35%. The export price peaked at $970 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -15.0% per year.
Sulphides; of Sodium Imports in Kuwait
In 2022, the amount of sulphides; of sodia imported into Kuwait expanded to 485 tons, picking up by 4% against 2021. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 87%. As a result, imports reached the peak of 675 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sulphides; of sodium imports skyrocketed to $103K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.4% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 55%. As a result, imports attained the peak of $123K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Sulphides; of Sodium in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.3 | 97.5 | 59.6 | 50.7 | -2.3% |
| Iran | 10.7 | 14.1 | 14.6 | 28.6 | 38.8% |
| Others | 14.5 | 11.7 | 8.6 | 23.8 | 18.0% |
| Total | 79.5 | 123 | 82.9 | 103 | 9.0% |
Top Suppliers of Sulphides; of Sodium to Kuwait in 2022:
- China (379.2 tons)
- Iran (102.9 tons)
Sulphides; of Sodium Exports in Kuwait
Sulphides; of sodium exports from Kuwait skyrocketed to 88 tons in 2022, with an increase of 36% on the previous year. Over the period under review, exports saw a resilient increase. The growth pace was the most rapid in 2020 when exports increased by 88%. As a result, the exports reached the peak of 111 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sulphides; of sodium exports rose sharply to $22K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 85% against the previous year. As a result, the exports reached the peak of $25K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Sulphides; of Sodium in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 13.6 | 25.2 | 19.7 | 14.4 | 1.9% |
| Others | N/A | N/A | N/A | 8.1 | 0% |
| Total | 13.6 | 25.2 | 19.7 | 22.4 | 18.1% |
Top Export Markets for Sulphides; of Sodium from Kuwait in 2022:
- Saudi Arabia (75.7 tons)
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