Cerium Compounds Price in Kuwait - 2021
Contents:
Cerium Compounds Price in Kuwait (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $44,923 per ton, rising by 7.2% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2019 an increase of 117%. The import price peaked at $46,181 per ton in 2020; however, from 2021 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 United States ($79,609 per ton), while the price for Germany stood at $17,414 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+30.4%).
Cerium Compounds Imports in Kuwait
In 2022, purchases abroad of cerium compoundses was finally on the rise to reach 52 kg after two years of decline. Over the period under review, imports, however, continue to indicate a significant curtailment.
In value terms, cerium compounds imports soared to $2.3K in 2022. In general, imports, however, saw a sharp contraction.
| Import of Cerium Compounds in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.2 | 3.3 | 0.1 | 1.8 | 108.0% |
| Germany | N/A | 0.6 | N/A | 0.5 | -8.7% |
| United Kingdom | 2.5 | N/A | N/A | N/A | 0% |
| India | N/A | N/A | 0.5 | N/A | 0% |
| Turkey | 1.6 | N/A | N/A | N/A | 0% |
| Others | 2.5 | N/A | 0.2 | N/A | -71.7% |
| Total | 6.8 | 3.8 | 0.8 | 2.3 | -30.3% |
Top Suppliers of Cerium Compounds to Kuwait in 2022:
- Germany (29.0 kg)
- United States (23.0 kg)
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