Kuwait - Ketones And Quinones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKetone and Quinone Price in Kuwait - 2021
Contents:
- Ketone and Quinone Price in Kuwait (CIF) - 2022
- Ketone and Quinone Price in Kuwait (FOB) - 2022
- Ketone and Quinone Imports in Kuwait
- Ketone and Quinone Exports in Kuwait
Ketone and Quinone Price in Kuwait (CIF) - 2022
In 2022, the average ketone and quinone import price amounted to $2,307 per ton, approximately mirroring the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ketone and quinone import price increased by +124.6% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 61% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 China ($4,915 per ton), while the price for Saudi Arabia ($760 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Ketone and Quinone Price in Kuwait (FOB) - 2022
In 2022, the average ketone and quinone export price amounted to $4,277 per ton, reducing by -2.6% against the previous year. Overall, the export price, however, saw pronounced growth. The most prominent rate of growth was recorded in 2016 an increase of 113% against the previous year. Over the period under review, the average export prices reached the maximum at $7,359 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
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 +2.5% per year.
Ketone and Quinone Imports in Kuwait
In 2022, supplies from abroad of ketones and quinones was finally on the rise to reach 140 tons after two years of decline. Overall, imports, however, recorded a sharp decline.
In value terms, ketone and quinone imports soared to $322K in 2022. Over the period under review, imports, however, saw a abrupt curtailment.
| Import of Ketone and Quinone in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 184 | 75.5 | 60.8 | 80.0 | -24.2% |
| Taiwan (Chinese) | 80.2 | 38.1 | 10.2 | 30.8 | -27.3% |
| United Arab Emirates | 40.7 | 13.5 | 30.8 | 28.9 | -10.8% |
| United Kingdom | 33.5 | 66.6 | 12.4 | 25.2 | -9.1% |
| Singapore | 67.8 | 28.5 | 2.3 | 23.4 | -29.9% |
| India | 47.5 | 1.6 | 8.6 | 15.0 | -31.9% |
| Belgium | 4.7 | 18.6 | 15.9 | 14.9 | 46.9% |
| Saudi Arabia | 25.3 | 5.1 | 7.8 | 9.8 | -27.1% |
| South Africa | 13.8 | 25.5 | 3.7 | 9.6 | -11.4% |
| Netherlands | 5.6 | 10.2 | 7.3 | 6.8 | 6.7% |
| Others | 91.0 | 106 | 95.6 | 77.9 | -5.0% |
| Total | 594 | 389 | 255 | 322 | -18.5% |
Top Suppliers of Ketone and Quinone to Kuwait in 2022:
- Taiwan (Chinese) (37.8 tons)
- United Arab Emirates (19.3 tons)
- China (16.3 tons)
- Belgium (14.1 tons)
- Saudi Arabia (12.9 tons)
- South Africa (8.4 tons)
- Netherlands (7.0 tons)
- Singapore (5.6 tons)
- United Kingdom (3.5 tons)
- India (2.3 tons)
Ketone and Quinone Exports in Kuwait
After two years of decline, overseas shipments of ketones and quinones increased by 41% to 2.6 tons in 2022. Over the period under review, exports, however, saw a abrupt decline.
In value terms, ketone and quinone exports soared to $11K in 2022. In general, exports, however, faced a deep downturn.
| Export of Ketone and Quinone in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.7 | 13.7 | 8.2 | 11.3 | 19.0% |
| Oman | 13.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.6 | N/A | N/A | 0% |
| Total | 20.5 | 14.4 | 8.2 | 11.3 | -18.0% |
Top Export Markets for Ketone and Quinone from Kuwait in 2022:
- United Arab Emirates (2.6 tons)
This report provides an in-depth analysis of the ketone and quinone 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 20146211 - Acetone
- Prodcom 20146213 - Butanone (methyl ethyl ketone)
- Prodcom 20146215 - 4-Methylpentan-2-one (methyl isobutyl ketone)
- Prodcom 20146219 - Acyclic ketones, without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), 4-methylpentan-2one (methyl isobutyl ketone))
- Prodcom 20146231 - Camphor, aromatic ketones without other oxygen function, k etone-alcohols, ketone-aldehydes, ketone-phenols and ketones with other oxygen function
- Prodcom 20146233 - Cyclohexanone and methylcyclohexanones
- Prodcom 20146235 - Ionones and methylionones
- Prodcom 20146239 - Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function (excluding camphor, cyclohexanone and methylcyclohexanones, ionones and methylionones)
- Prodcom 20146260 - Quinones
- Prodcom 20146270 - Halogenated, sulphonated, nitrated or nitrosated derivatives of ketones and quinones
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.
-
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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