Price for Carbides; of Silicon, Whether or Not Chemically Defined in Kuwait - 2022

Contents:

1. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Kuwait (FOB) - 2022
2. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Kuwait (CIF) - 2022
3. Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Kuwait
4. Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Kuwait

Price for Carbides; of Silicon, Whether or Not Chemically Defined in Kuwait (FOB) - 2022

The average export price for carbides; of silicon, whether or not chemically defineds stood at $2,392 per ton in 2022, growing by 99% against the previous year. Overall, the export price, however, recorded a perceptible curtailment. Over the period under review, the average export prices attained the peak figure at $3,608 per ton in 2012; however, from 2013 to 2022, 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 the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +0.6% per year.

Price for Carbides; of Silicon, Whether or Not Chemically Defined in Kuwait (CIF) - 2022

The average import price for carbides; of silicon, whether or not chemically defineds stood at $3,417 per ton in 2022, picking up by 10% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2014 an increase of 54%. Over the period under review, average import prices attained the maximum at $8,529 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($20,000 per ton), while the price for China ($697 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.5%), while the prices for the other major suppliers experienced a decline.

Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Kuwait

In 2022, overseas shipments of carbides; of silicon, whether or not chemically defineds were finally on the rise to reach 33 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt descent.

In value terms, exports of carbides; of silicon, whether or not chemically defineds skyrocketed to $78K in 2022. Overall, exports, however, recorded a drastic downturn.

Top Export Markets for Carbides; of Silicon, Whether or Not Chemically Defined from Kuwait in 2022:

1. United Arab Emirates (32.7 tons)

Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Kuwait

In 2022, overseas purchases of carbides; of silicon, whether or not chemically defineds decreased by -20.1% to 1.5 tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,405%. As a result, imports reached the peak of 3.7 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of carbides; of silicon, whether or not chemically defineds dropped to $5K in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,870%. As a result, imports reached the peak of $11K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to Kuwait in 2022:

1. China (1006.0 kg)
2. India (206.0 kg)
3. Italy (120.0 kg)
4. Belgium (81.0 kg)
5. United Arab Emirates (26.0 kg)

Source: IndexBox Market Intelligence Platform