Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait - 2022
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait (CIF) - 2022
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait (FOB) - 2022
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait (CIF) - 2022
The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,726 per ton in 2022, with an increase of 42% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses increased by +97.8% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Jordan ($1,882 per ton), while the price for Saudi Arabia ($489 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait (FOB) - 2022
The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $2,507 per ton in 2022, surging by 1.7% against the previous year. Overall, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 80%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +13.9% per year.
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait
In 2022, approx. 335 tons of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses were imported into Kuwait; picking up by 15% against the previous year's figure. In general, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 41%. As a result, imports attained the peak of 556 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses surged to $578K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 342 | 279 | 279 | 421 | 7.2% |
| Jordan | 7.8 | 47.3 | 14.5 | 66.6 | 104.4% |
| United Arab Emirates | 1.2 | 1.1 | 0.8 | 31.4 | 196.9% |
| Saudi Arabia | 14.9 | 36.1 | 12.0 | 16.0 | 2.4% |
| Belgium | 11.6 | 15.3 | 22.7 | 14.6 | 8.0% |
| Others | 16.2 | 129 | 24.8 | 28.3 | 20.4% |
| Total | 394 | 508 | 354 | 578 | 13.6% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to Kuwait in 2022:
- China (223.9 tons)
- Jordan (35.4 tons)
- Saudi Arabia (32.8 tons)
- United Arab Emirates (24.1 tons)
- Belgium (11.7 tons)
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait
In 2022, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses from Kuwait contracted slightly to 22 tons, reducing by -1.6% on 2021. In general, exports recorded a mild descent.
In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $54K in 2022. Overall, exports, however, saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 54.3 | 54.3 | 54.4 | 54.4 | 0.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 54.3 | 54.3 | 54.4 | 54.4 | 0.1% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from Kuwait in 2022:
- Qatar (21.7 tons)
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