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Kuwait - Toluene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingToluene Price in Kuwait - 2022
Contents:
- Toluene Price in Kuwait (CIF) - 2022
- Toluene Price in Kuwait (FOB) - 2022
- Toluene Imports in Kuwait
- Toluene Exports in Kuwait
Toluene Price in Kuwait (CIF) - 2022
In 2022, the average toluene import price amounted to $1,075 per ton, approximately reflecting the previous year. Overall, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2020 an increase of 6.4% against the previous year. Over the period under review, average import prices reached the maximum at $1,675 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Iran ($1,352 per ton) and Taiwan (Chinese) ($1,307 per ton), while the price for Germany ($912 per ton) and the United Arab Emirates ($937 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-0.3%), while the prices for the other major suppliers experienced a decline.
Toluene Price in Kuwait (FOB) - 2022
In 2022, the average toluene export price amounted to $417 per ton, surging by 1.7% against the previous year. Overall, the export price, however, faced a abrupt decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 28% against the previous year. As a result, the export price attained the peak level of $1,582 per ton. From 2014 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 India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -10.3% per year.
Toluene Imports in Kuwait
After two years of decline, supplies from abroad of toluene increased by 101% to 1.1K tons in 2022. Over the period under review, imports, however, continue to indicate a significant decline.
In value terms, toluene imports soared to $1.1M in 2022. In general, imports, however, recorded a dramatic downturn.
Import of Toluene in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 265 | 226 | 76.0 | 275 | 1.2% |
Netherlands | 323 | 170 | 108 | 258 | -7.2% |
South Korea | 651 | 518 | 153 | 214 | -31.0% |
Germany | 877 | 130 | 64.6 | 94.5 | -52.4% |
Taiwan (Chinese) | 33.3 | 89.0 | 51.4 | 87.4 | 37.9% |
India | 19.9 | 25.4 | 19.6 | 51.3 | 37.1% |
Portugal | 111 | 79.8 | 22.7 | 31.6 | -34.2% |
Iran | 43.4 | 37.2 | 12.6 | 20.9 | -21.6% |
Others | 120 | 436 | 59.2 | 106 | -4.1% |
Total | 2,443 | 1,711 | 566 | 1,139 | -22.5% |
Top Suppliers of Toluene to Kuwait in 2022:
- United Arab Emirates (293.9 tons)
- Netherlands (248.2 tons)
- South Korea (169.8 tons)
- Germany (103.5 tons)
- Taiwan (Chinese) (66.9 tons)
- India (51.5 tons)
- Portugal (29.7 tons)
- Iran (15.5 tons)
Toluene Exports in Kuwait
After two years of decline, shipments abroad of toluene increased by 272% to 79 tons in 2022. In general, exports, however, showed a precipitous slump.
In value terms, toluene exports surged to $33K in 2022. Overall, exports, however, faced a abrupt slump.
Export of Toluene in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 60.4 | 57.3 | 7.6 | 33.0 | -18.2% |
Others | N/A | N/A | 1.1 | N/A | 0% |
Total | 60.4 | 57.3 | 8.7 | 33.0 | -18.2% |
Top Export Markets for Toluene from Kuwait in 2022:
- India (79.1 tons)
This report provides an in-depth analysis of the toluene market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141225 - Toluene
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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