Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Kuwait - 2022
Contents:
- Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Kuwait (CIF) - 2022
- Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Kuwait
Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Kuwait (CIF) - 2022
The average import price for cellulose nitrates (including collodions); in primary formses stood at $3,714 per ton in 2022, growing by 1.5% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cellulose nitrates (including collodions); in primary formses increased by +17.1% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 36%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +14.1% per year.
Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Kuwait
For the fourth year in a row, Kuwait recorded growth in overseas purchases of cellulose nitrates (including collodions); in primary formses, which increased by 1.5% to 24 tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of cellulose nitrates (including collodions); in primary formses rose slightly to $88K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +27.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +107.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 95% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 88.0 | 0% |
| China | 9.5 | 18.6 | 28.7 | N/A | 73.8% |
| United Kingdom | 7.3 | 14.3 | 18.5 | N/A | 59.2% |
| United Arab Emirates | 10.4 | 15.4 | 17.8 | N/A | 30.8% |
| Saudi Arabia | N/A | 18.8 | N/A | N/A | 0% |
| Brazil | 9.4 | 14.6 | 17.8 | N/A | 37.6% |
| Others | 5.8 | 1.1 | 2.7 | N/A | -31.8% |
| Total | 42.5 | 82.9 | 85.5 | 88.0 | 27.5% |
Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to Kuwait in 2022:
- Netherlands (23.7 tons)
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