Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kuwait - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kuwait (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kuwait

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kuwait (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $2,038 per ton, rising by 1.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum at $2,076 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 India ($2,320 per ton), while the price for the United Arab Emirates ($515 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kuwait

In 2022, approx. 218 tons of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses were imported into Kuwait; with an increase of 13% compared with the year before. In general, imports, however, faced a abrupt setback.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses rose significantly to $445K in 2022. The total import value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 39%. As a result, imports attained the peak of $529K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21339523330913.2%
Saudi Arabia33.747.072.068.826.9%
South Korea70.049.147.842.1-15.6%
India56.637.133.724.0-24.9%
Others6.31.31.31.2-42.5%
Total3805293884455.4%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Kuwait in 2022:

  1. China (133.2 tons)
  2. Saudi Arabia (37.0 tons)
  3. South Korea (35.6 tons)
  4. India (10.3 tons)

Source: IndexBox Market Intelligence Platform

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