Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Kuwait - 2022

Contents:

1. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Kuwait (CIF) - 2022
2. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Kuwait (FOB) - 2022
3. Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Kuwait
4. Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Kuwait

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Kuwait (CIF) - 2022

In 2022, the average import price for heterocyclic compounds with oxygen hetero-atom(s) onlies amounted to $10,133 per ton, surging by 25% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 40%. As a result, import price attained the peak level of $40,702 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Switzerland ($166,990 per ton), while the price for Bahrain ($4,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Kuwait (FOB) - 2022

The average export price for heterocyclic compounds with oxygen hetero-atom(s) onlies stood at $2,934 per ton in 2022, reducing by -14.2% against the previous year. Over the period under review, the export price, however, showed moderate growth. The most prominent rate of growth was recorded in 2014 an increase of 51%. Over the period under review, the average export prices hit record highs at $5,176 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($3,073 per ton), while the average price for exports to the United Arab Emirates amounted to $2,771 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.7%).

Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Kuwait

In 2022, overseas purchases of heterocyclic compounds with oxygen hetero-atom(s) onlies decreased by -19.9% to 90 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 139%.

In value terms, imports of heterocyclic compounds with oxygen hetero-atom(s) onlies reached $910K in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 31%. As a result, imports attained the peak of $912K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only to Kuwait in 2022:

1. United Arab Emirates (35.4 tons)
2. China (17.4 tons)
3. Saudi Arabia (11.4 tons)
4. United States (11.0 tons)
5. Qatar (3.2 tons)
6. Bahrain (2.4 tons)
7. Switzerland (2.0 tons)

Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Kuwait

In 2022, approx. 68 tons of heterocyclic compounds with oxygen hetero-atom(s) onlies were exported from Kuwait; picking up by 13% on the year before. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 75%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of heterocyclic compounds with oxygen hetero-atom(s) onlies contracted modestly to $199K in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 8% against the previous year.

Top Export Markets for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only from Kuwait in 2022:

1. Saudi Arabia (36.8 tons)
2. United Arab Emirates (31.2 tons)

Source: IndexBox Market Intelligence Platform