Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait - 2022

Contents:

  1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait (CIF) - 2022
  2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait (FOB) - 2022
  3. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait
  4. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait (CIF) - 2022

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $5,435 per ton in 2022, picking up by 11% against the previous year. In general, the import price, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2018 when the average import price increased by 24% against the previous year. The import price peaked at $6,691 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Netherlands ($5,832 per ton), while the price for China ($3,219 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait (FOB) - 2022

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $6,646 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 170% against the previous year. As a result, the export price attained the peak level of $7,739 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($39,217 per ton), while the average price for exports to Iraq ($3,123 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 Oman (+20.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait

After two years of decline, purchases abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses increased by 43% to 948 tons in 2022. Over the period under review, imports, however, saw a mild descent.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses surged to $5.1M in 2022. In general, imports, however, continue to indicate a perceptible contraction.

Import of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2671,5747611,4885.5%
Netherlands16632156982970.9%
Sweden721337413687-1.6%
South Korea16642142560153.6%
United States1,305509458483-28.2%
United Arab Emirates29367.144.8263-3.5%
Egypt28.510335.5257108.1%
China1,21360165.682.3-59.2%
Belgium41460113726.9-59.8%
Others3823433234344.3%
Total5,9564,8783,2315,150-4.7%

Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to Kuwait in 2022:

  1. Germany (255.2 tons)
  2. Netherlands (142.1 tons)
  3. Sweden (117.8 tons)
  4. South Korea (103.0 tons)
  5. United States (82.8 tons)
  6. Egypt (72.1 tons)
  7. United Arab Emirates (45.1 tons)
  8. China (25.6 tons)
  9. Belgium (4.6 tons)

Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait

For the third consecutive year, Kuwait recorded decline in shipments abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, which decreased by -65.4% to 6.9 tons in 2022. In general, exports recorded a dramatic decline. The smallest decline of -19.4% was in 2020.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses fell sharply to $46K in 2022. Over the period under review, exports continue to indicate a dramatic descent. The smallest decline of -0.6% was in 2021.

Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq13.966.333.312.1-4.5%
Saudi Arabia84.018.675.012.0-47.7%
Egypt20.913.75.09.2-23.9%
Oman6.27.47.07.25.1%
Qatar14.011.16.43.4-37.6%
United Arab Emirates0.71.01.12.041.9%
South Korea3.1N/AN/AN/A0%
Mexico48.9N/AN/AN/A0%
Pakistan78.1N/AN/AN/A0%
OthersN/A14.53.9N/A-73.1%
Total27013313246.0-44.6%

Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from Kuwait in 2022:

  1. Iraq (3.9 tons)
  2. Saudi Arabia (1.0 tons)
  3. Qatar (0.9 tons)
  4. Egypt (0.7 tons)
  5. Oman (0.2 tons)
  6. United Arab Emirates (0.2 tons)

Source: IndexBox Market Intelligence Platform

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