Kuwait - Bentonite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBentonite Price in Kuwait - 2021
Contents:
- Bentonite Price in Kuwait (CIF) - 2022
- Bentonite Price in Kuwait (FOB) - 2022
- Bentonite Imports in Kuwait
- Bentonite Exports in Kuwait
Bentonite Price in Kuwait (CIF) - 2022
The average bentonite import price stood at $145 per ton in 2022, almost unchanged from the previous year. Overall, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the maximum at $194 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Turkey ($594 per ton), while the price for Iran ($71 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the prices for the other major suppliers experienced a decline.
Bentonite Price in Kuwait (FOB) - 2022
The average bentonite export price stood at $102 per ton in 2022, flattening at the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 a decrease of 99.9%. Over the period under review, the average export prices attained the peak figure at $102 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($982 per ton), while the average price for exports to Saudi Arabia ($12 per ton) was amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+49.3%), while the prices for the other major destinations experienced a decline.
Bentonite Imports in Kuwait
Bentonite imports into Kuwait totaled 15K tons in 2022, increasing by 12% compared with 2021. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.4% 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 decreased by -9.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 61%. As a result, imports attained the peak of 16K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, bentonite imports rose markedly to $2.2M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 decreased by -9.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. As a result, imports reached the peak of $2.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Bentonite in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,137 | 2,091 | 881 | 756 | -12.7% |
| China | 106 | 71.5 | 194 | 372 | 52.0% |
| Turkey | 51.0 | 72.0 | 148 | 317 | 83.9% |
| Iran | 12.6 | 21.6 | 142 | 273 | 178.8% |
| Others | 194 | 120 | 573 | 440 | 31.4% |
| Total | 1,500 | 2,377 | 1,938 | 2,157 | 12.9% |
Top Suppliers of Bentonite to Kuwait in 2022:
- India (9.3K tons)
- Iran (3.9K tons)
- China (0.9K tons)
- Turkey (0.5K tons)
Bentonite Exports in Kuwait
In 2022, after two years of decline, there was significant decline in overseas shipments of bentonite, when their volume decreased by -50% to 3.3 tons. Over the period under review, exports recorded a precipitous decrease.
In value terms, bentonite exports shrank dramatically to $340 in 2022. Overall, exports continue to indicate a sharp curtailment.
| Export of Bentonite in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 999 | N/A | 260 | 208 | -40.7% |
| India | 25.0 | N/A | 413 | 105 | 61.3% |
| Saudi Arabia | 241 | N/A | 7.0 | 27.0 | -51.8% |
| China | 96.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,361 | N/A | 680 | 340 | -37.0% |
Top Export Markets for Bentonite from Kuwait in 2022:
- Saudi Arabia (2.3 tons)
- Qatar (1.0 tons)
- India (0.1 tons)
This report provides an in-depth analysis of the bentonite 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 08122210 - Bentonite
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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