Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait - 2022

Contents:

  1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait (CIF) - 2022
  2. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait (FOB) - 2022
  3. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait
  4. Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait (CIF) - 2022

In 2022, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,546 per ton, jumping by 61% against the previous year. Overall, the import price posted resilient growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 62%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,925 per ton), while the price for Turkey ($679 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+43.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait (FOB) - 2022

In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,443 per ton, with an increase of 52% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. Over the period under review, the average export prices attained the maximum at $2,732 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($1,750 per ton), while the average price for exports to Bahrain ($917 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+82.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait

After two years of decline, purchases abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by 47% to 2.4K tons in 2022. Overall, imports, however, saw a relatively flat trend pattern.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $3.7M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2882291071,17859.9%
Tunisia3111811831,17455.7%
Morocco27.115.9224576177.0%
Thailand98.011211818724.0%
Turkey483233506166-30.0%
Spain45.952.917814245.7%
Germany51.353.033.143.6-5.3%
Others247244227241-0.8%
Total1,5511,1201,5753,70833.7%

Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Kuwait in 2022:

  1. Tunisia (861.0 tons)
  2. China (570.5 tons)
  3. Morocco (422.1 tons)
  4. Turkey (245.1 tons)
  5. Thailand (118.7 tons)
  6. Spain (48.4 tons)
  7. Germany (26.6 tons)

Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait

For the third consecutive year, Kuwait recorded decline in shipments abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses, which decreased by -25% to 2.6 tons in 2022. Over the period under review, exports faced a sharp descent.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses totaled $3.8K in 2022. In general, exports saw a sharp descent.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A3.00%
Bahrain9.58.22.60.7-58.1%
Qatar0.80.40.2N/A-50.0%
Yemen4.3N/AN/AN/A0%
Saudi Arabia0.80.2N/AN/A-75.0%
Others0.20.70.5N/A58.1%
Total15.79.53.33.8-37.7%

Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Kuwait in 2022:

  1. Spain (1771.0 kg)
  2. Bahrain (795.0 kg)
  3. Qatar (28.0 kg)
  4. Saudi Arabia (7.0 kg)

Source: IndexBox Market Intelligence Platform

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