Phosphates; of Potassium Price in Kuwait - 2021
Contents:
Phosphates; of Potassium Price in Kuwait (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $1,894 per ton, rising by 3.4% against the previous year. Overall, the import price, however, saw a noticeable downturn. The pace of growth was the most pronounced in 2018 an increase of 58%. Over the period under review, average import prices reached the peak figure at $2,514 per ton in 2012; however, from 2013 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 Japan ($12,070 per ton), while the price for China ($1,196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Phosphates; of Potassium Imports in Kuwait
In 2022, after two years of decline, there was significant growth in supplies from abroad of phosphates; of potassia, when their volume increased by 88% to 23 tons. Over the period under review, imports, however, showed a sharp contraction.
In value terms, phosphates; of potassium imports soared to $44K in 2022. Overall, imports, however, showed a abrupt descent.
| Import of Phosphates; of Potassium in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 0.7 | 23.0 | 3185.7% |
| China | 67.1 | 57.1 | 14.0 | 11.6 | -44.3% |
| Australia | N/A | N/A | 6.1 | 4.2 | -31.1% |
| Others | 6.9 | 7.7 | 1.7 | 4.9 | -10.8% |
| Total | 74.0 | 64.8 | 22.4 | 43.6 | -16.2% |
Top Suppliers of Phosphates; of Potassium to Kuwait in 2022:
- Turkey (12.7 tons)
- China (9.7 tons)
- Australia (0.4 tons)
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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