Phosphorus Price in Kuwait - 2022

Contents:

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

Phosphorus Price in Kuwait (CIF) - 2022

In 2022, the average phosphorus import price amounted to $5,917 per ton, remaining constant against the previous year. In general, the import price, however, showed a notable increase. The growth pace was the most rapid in 2018 when the average import price increased by 86%. The import price peaked at $7,000 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 India amounted to +4.7% per year.

Phosphorus Imports in Kuwait

In 2022, overseas purchases of phosphori decreased by -20% to 24 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 260%.

In value terms, phosphorus imports contracted significantly to $142 in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 203%.

Import of Phosphorus in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India35.010623.014259.5%
GermanyN/AN/A155N/A0%
OthersN/AN/AN/AN/A0%
Total35.010617814259.5%

Top Suppliers of Phosphorus to Kuwait in 2022:

  1. India (24.0 kg)

Source: IndexBox Market Intelligence Platform

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