Price for Amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51 in Kuwait - 2022

Contents:

  1. Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Kuwait (CIF) - 2022
  2. Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Kuwait (FOB) - 2022
  3. Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Kuwait
  4. Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Kuwait

Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Kuwait (CIF) - 2022

The average import price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s stood at $6,858 per ton in 2022, falling by -77.6% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of 138% against the previous year. The import price peaked at $30,553 per ton in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($19,738 per ton), while the price for Turkey amounted to $6,341 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+44.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Kuwait (FOB) - 2022

In 2020, the average export price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s amounted to $2,235 per ton, dropping by -38.8% against the previous year. Overall, the export price continues to indicate a sharp contraction. The export price peaked at $10,981 per ton in 2017; however, from 2018 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2017 to 2020, the rate of growth in terms of prices for Iraq amounted to -39.9% per year.

Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Kuwait

After two years of decline, purchases abroad of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s increased by 269% to 1.1 tons in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s fell rapidly to $7.5K in 2022. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 1.5%.

Import of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A6.60%
United States4.45.81.90.8-43.3%
China0.20.30.2N/A0.0%
Germany0.10.21.1N/A231.7%
United Kingdom0.40.70.4N/A0.0%
India0.70.50.4N/A-24.4%
Saudi ArabiaN/AN/A1.1N/A0%
Others2.91.43.9N/A16.0%
Total8.88.99.07.5-5.2%

Top Suppliers of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 to Kuwait in 2022:

  1. Turkey (1046.0 kg)
  2. United States (42.0 kg)

Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Kuwait

In 2020, the amount of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s exported from Kuwait skyrocketed to 327 kg, surging by 40% against the year before. Overall, total exports indicated significant growth from 2019 to 2020: its volume increased at an average annual rate of +40.3% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s declined to $731 in 2020. Over the period under review, exports, however, recorded a deep setback.

Export of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Kuwait (USD)
COUNTRY20192020CAGR,
2019-2020
Iraq851709-16.7%
OthersN/A22.00%
Total851731-14.1%

Top Export Markets for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 from Kuwait in 2022:

  1. Iraq (323.0 kg)

Source: IndexBox Market Intelligence Platform

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