Price for Rosin; Salts of Rosin or of Resin Acids in Kuwait - 2022
Contents:
- Price for Rosin; Salts of Rosin or of Resin Acids in Kuwait (CIF) - 2022
- Imports of Rosin; Salts of Rosin or of Resin Acids in Kuwait
Price for Rosin; Salts of Rosin or of Resin Acids in Kuwait (CIF) - 2022
In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $560 per ton, with a decrease of -16.5% against the previous year. Over the period under review, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 45%. The import price peaked at $1,256 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, 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 -3.5% per year.
Imports of Rosin; Salts of Rosin or of Resin Acids in Kuwait
For the fourth year in a row, Kuwait recorded growth in purchases abroad of rosin; salts of rosin or of resin acidses, which increased by 19% to 13 tons in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of rosin; salts of rosin or of resin acidses shrank to $7.4K in 2022. In general, imports, however, recorded a slight downturn.
| Import of Rosin; Salts of Rosin or of Resin Acids in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 7.6 | 7.6 | 7.5 | 7.4 | -0.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.6 | 7.6 | 7.5 | 7.4 | -0.9% |
Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Kuwait in 2022:
- United Arab Emirates (13.2 tons)
277
This report provides an in-depth analysis of the market for rosin and resin acids in Kuwait.
768
This report provides an in-depth analysis of the global market for rosin and resin acids.
277
This report provides an in-depth analysis of the market for rosin and resin acids in Kuwait.
768
This report provides an in-depth analysis of the global market for rosin and resin acids.
692
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
699
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
692
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
699
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
