Borates; Peroxoborates (Perborates) Price in Kuwait - 2021
Contents:
- Borates; Peroxoborates (Perborates) Price in Kuwait (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Kuwait (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Kuwait
- Borates; Peroxoborates (Perborates) Exports in Kuwait
Borates; Peroxoborates (Perborates) Price in Kuwait (CIF) - 2022
The average borates; peroxoborates (perborates) import price stood at $471 per ton in 2022, rising by 5.4% against the previous year. In general, the import price, however, showed a mild curtailment. The growth pace was the most rapid in 2013 an increase of 11% against the previous year. The import price peaked at $592 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($10,257 per ton), while the price for Spain ($433 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+33.2%), while the prices for the other major suppliers experienced a decline.
Borates; Peroxoborates (Perborates) Price in Kuwait (FOB) - 2022
The average borates; peroxoborates (perborates) export price stood at $1,840 per ton in 2022, surging by 74% against the previous year. Over the period under review, the export price posted buoyant growth. The growth pace was the most rapid in 2019 an increase of 85% against the previous year. As a result, the export price reached the peak level of $4,846 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, 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 +3.8% per year.
Borates; Peroxoborates (Perborates) Imports in Kuwait
In 2022, borates; peroxoborates (perborates) imports into Kuwait shrank to 1.8K tons, with a decrease of -12.3% on the year before. Over the period under review, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 2.1K tons, and then dropped in the following year.
In value terms, borates; peroxoborates (perborates) imports shrank to $870K in 2022. In general, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.
| Import of Borates; Peroxoborates (Perborates) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 341 | 368 | 544 | 499 | 13.5% |
| Spain | 140 | 122 | 153 | 168 | 6.3% |
| United States | 353 | 129 | 135 | 123 | -29.6% |
| Others | 109 | 180 | 111 | 81.3 | -9.3% |
| Total | 942 | 798 | 942 | 870 | -2.6% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Kuwait in 2022:
- Turkey (1125.3 tons)
- Spain (387.4 tons)
- United States (270.9 tons)
Borates; Peroxoborates (Perborates) Exports in Kuwait
In 2022, borates; peroxoborates (perborates) exports from Kuwait declined sharply to 15 tons, which is down by -52.7% compared with the previous year. Over the period under review, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 474% against the previous year. As a result, the exports reached the peak of 32 tons, and then shrank dramatically in the following year.
In value terms, borates; peroxoborates (perborates) exports shrank dramatically to $28K in 2022. In general, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 54%.
| Export of Borates; Peroxoborates (Perborates) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 20.3 | 8.6 | 27.5 | 28.1 | 11.4% |
| Russia | 18.7 | N/A | N/A | N/A | 0% |
| Germany | 14.7 | N/A | N/A | N/A | 0% |
| Brunei Darussalam | 14.5 | N/A | N/A | N/A | 0% |
| Indonesia | 43.9 | 13.6 | N/A | N/A | -69.0% |
| Saudi Arabia | N/A | N/A | 6.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 112 | 22.1 | 34.0 | 28.1 | -36.9% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Kuwait in 2022:
- United Arab Emirates (15.3 tons)
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