Complex Cyanides Price in Kuwait - 2022

Contents:

  1. Complex Cyanides Price in Kuwait (CIF) - 2022
  2. Complex Cyanides Imports in Kuwait

Complex Cyanides Price in Kuwait (CIF) - 2022

The average complex cyanides import price stood at $4,564 per ton in 2022, shrinking by -53% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 70% against the previous year. As a result, import price reached the peak level of $30,813 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +5.2% per year.

Complex Cyanides Imports in Kuwait

In 2022, after two years of decline, there was significant growth in overseas purchases of complex cyanideses, when their volume increased by 2,914% to 211 kg. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, complex cyanides imports skyrocketed to $963 in 2022. Overall, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Complex Cyanides in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India52.037.03.0963164.6%
Belgium1483.09.0N/A-75.3%
Germany21711629.0N/A-63.4%
United Kingdom59.037.011.0N/A-56.8%
Others32462.016.0N/A-77.8%
Total80025568.09636.4%

Top Suppliers of Complex Cyanides to Kuwait in 2022:

  1. India (211.0 kg)

Source: IndexBox Market Intelligence Platform

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