Chlorides; of Aluminium Price in Kuwait - 2021

Contents:

  1. Chlorides; of Aluminium Price in Kuwait (CIF) - 2022
  2. Chlorides; of Aluminium Price in Kuwait (FOB) - 2022
  3. Chlorides; of Aluminium Imports in Kuwait
  4. Chlorides; of Aluminium Exports in Kuwait

Chlorides; of Aluminium Price in Kuwait (CIF) - 2022

In 2022, the average chlorides; of aluminium import price amounted to $519 per ton, which is down by -2.2% against the previous year. Overall, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $877 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,374 per ton), while the price for Slovenia ($241 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced a decline.

Chlorides; of Aluminium Price in Kuwait (FOB) - 2022

The average chlorides; of aluminium export price stood at $712 per ton in 2022, growing by 4.8% against the previous year. Overall, the export price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2020 an increase of 87%. The export price peaked at $2,150 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,419 per ton), while the average price for exports to Saudi Arabia amounted to $84 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-0.6%), while the prices for the other major destinations experienced a decline.

Chlorides; of Aluminium Imports in Kuwait

In 2022, imports of chlorides; of aluminia into Kuwait reduced dramatically to 129 tons, dropping by -28.2% against 2021. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 130%.

In value terms, chlorides; of aluminium imports fell significantly to $67K in 2022. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 148% against the previous year.

Import of Chlorides; of Aluminium in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India32.07.329.028.2-4.1%
Turkey27.14.316.59.4-29.7%
Slovenia19.012.214.08.0-25.0%
China2.66.27.34.318.3%
Spain3.33.27.33.95.7%
United Arab Emirates1.81.55.63.221.1%
Others9.53.715.39.60.3%
Total95.238.495.166.7-11.2%

Top Suppliers of Chlorides; of Aluminium to Kuwait in 2022:

  1. India (60.2 tons)
  2. Slovenia (33.4 tons)
  3. Turkey (15.5 tons)
  4. China (7.8 tons)
  5. United Arab Emirates (3.2 tons)
  6. Spain (2.8 tons)

Chlorides; of Aluminium Exports in Kuwait

In 2022, the amount of chlorides; of aluminia exported from Kuwait fell to 8.9 tons, with a decrease of -5% on 2021. In general, exports faced a dramatic decrease.

In value terms, chlorides; of aluminium exports dropped to $6.3K in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 0.9% against the previous year.

Export of Chlorides; of Aluminium in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.75.96.05.91.2%
Saudi Arabia0.30.40.40.410.1%
Iraq0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.26.36.36.30.5%

Top Export Markets for Chlorides; of Aluminium from Kuwait in 2022:

  1. Saudi Arabia (4.7 tons)
  2. United Arab Emirates (4.2 tons)

Source: IndexBox Market Intelligence Platform

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