Kuwait - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyurethanes Price in Kuwait - 2021
Contents:
- Polyurethanes Price in Kuwait (CIF) - 2021
- Polyurethanes Price in Kuwait (FOB) - 2022
- Polyurethanes Imports in Kuwait
- Polyurethanes Exports in Kuwait
Polyurethanes Price in Kuwait (CIF) - 2021
The average polyurethanes import price stood at $3,858 per ton in December 2021, increasing by 9.7% against the previous month. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in September 2021 when the average import price increased by 17% against the previous month. The import price peaked at $5,476 per ton in April 2021; however, from May 2021 to December 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Germany ($10,610 per ton), while the price for China ($1,630 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by France (+155.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyurethanes Price in Kuwait (FOB) - 2022
The average polyurethanes export price stood at $1,345 per ton in 2022, increasing by 10% against the previous year. In general, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2017 an increase of 15% against the previous year. As a result, the export price attained the peak level of $2,605 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($1,988 per ton), while the average price for exports to Bahrain ($714 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-1.3%), while the prices for the other major destinations experienced a decline.
Polyurethanes Imports in Kuwait
In 2022, imports of polyurethanes in primary forms into Kuwait contracted to 1.4K tons, dropping by -7.7% compared with the previous year's figure. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 18%.
In value terms, polyurethanes imports fell to $5.8M in 2022. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year.
| Import of Polyurethanes in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,409 | 745 | 1,702 | 1,327 | -2.0% |
| Saudi Arabia | 1,022 | 230 | 903 | 704 | -11.7% |
| United States | 1,096 | 701 | 748 | 595 | -18.4% |
| Germany | 504 | 370 | 691 | 546 | 2.7% |
| Ireland | 340 | 342 | 459 | 428 | 8.0% |
| China | 55.2 | 215 | 430 | 335 | 82.4% |
| Greece | 66.3 | 61.6 | 216 | 199 | 44.2% |
| Switzerland | 154 | 229 | 329 | 175 | 4.4% |
| France | 455 | 58.6 | 161 | 169 | -28.1% |
| South Korea | 121 | 104 | 100 | 85.5 | -10.9% |
| Others | 2,601 | 1,877 | 951 | 1,248 | -21.7% |
| Total | 7,822 | 4,933 | 6,690 | 5,812 | -9.4% |
Top Suppliers of Polyurethanes to Kuwait in 2022:
- United Arab Emirates (348.4 tons)
- Saudi Arabia (204.9 tons)
- China (127.4 tons)
- Germany (127.3 tons)
- Ireland (66.2 tons)
- United States (64.5 tons)
- Greece (58.8 tons)
- France (46.3 tons)
- Switzerland (44.1 tons)
- South Korea (21.5 tons)
Polyurethanes Exports in Kuwait
In 2022, polyurethanes exports from Kuwait rose sharply to 86 tons, increasing by 14% on the previous year. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. As a result, the exports reached the peak of 97 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, polyurethanes exports skyrocketed to $116K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 46%. As a result, the exports reached the peak of $140K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Polyurethanes in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 54.1 | 99.3 | 65.8 | 81.7 | 14.7% |
| Sudan | 14.1 | 22.7 | 13.3 | 14.5 | 0.9% |
| Saudi Arabia | 18.7 | 4.5 | 4.1 | 9.5 | -20.2% |
| Tunisia | 1.9 | 3.5 | 2.4 | 3.0 | 16.4% |
| Jordan | 1.4 | 2.1 | 1.2 | 1.3 | -2.4% |
| Egypt | 1.1 | 1.8 | 1.1 | 1.2 | 2.9% |
| Others | 4.8 | 5.9 | 4.1 | 4.7 | -0.7% |
| Total | 96.0 | 140 | 91.9 | 116 | 6.5% |
Top Export Markets for Polyurethanes from Kuwait in 2022:
- Qatar (58.7 tons)
- Saudi Arabia (11.5 tons)
- Sudan (7.3 tons)
- Tunisia (1.9 tons)
- Jordan (1.6 tons)
- Egypt (1.5 tons)
This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, in primary forms
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.
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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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Global polyurethane trade reached $7.8B in 2021, returning to the pre-pandemic level. China, Germany and Vietnam comprise 22% of total purchases. The average polyurethane import price soared 9.2% to $3,864 per ton in 2021.
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Global polyurethane trade reached $7.8B in 2021, returning to the pre-pandemic level. China, Germany and Vietnam comprise 22% of total purchases. The average polyurethane import price soared 9.2% to $3,864 per ton in 2021.
619
Global exports of polyurethanes in primary forms dropped from $7B in 2019 to $6.3B in 2020. Germany, China, Italy and the U.S. constitute the largest polyurethane exporters worldwide, providing more than half of the total shipments. In 2020, all the key supplying countries experienced a reduction in polyurethane exports. The average polyurethane export price fell by -2.3% against the previous year. China, Vietnam and Germany remain the leading importers of polyurethane in primary forms.
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