Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Kuwait - 2022
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Kuwait (CIF) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Kuwait
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Kuwait (CIF) - 2022
The average import price for colouring matter; ultramarine and preparations based therea stood at $5,938 per ton in 2022, rising by 26% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 27%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($14,467 per ton), while the price for India ($3,250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+174.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Kuwait
In 2022, supplies from abroad of colouring matter; ultramarine and preparations based therea decreased by -56.9% to 965 kg, falling for the second consecutive year after two years of growth. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,570%. As a result, imports attained the peak of 5.5 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of colouring matter; ultramarine and preparations based therea fell rapidly to $5.7K in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 2,005%. As a result, imports attained the peak of $22K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.6 | 1.4 | 5.2 | 1.3 | 29.4% |
| Vietnam | N/A | 2.4 | N/A | 1.3 | -26.4% |
| United Arab Emirates | N/A | 13.1 | 0.2 | 0.8 | -75.3% |
| Italy | 0.1 | 0.3 | 2.6 | 0.7 | 91.3% |
| Saudi Arabia | N/A | 2.3 | N/A | 0.5 | -53.4% |
| Germany | N/A | N/A | N/A | 0.5 | 0% |
| Netherlands | 0.2 | 1.7 | 1.5 | 0.4 | 26.0% |
| Finland | N/A | N/A | 0.5 | N/A | 0% |
| Others | 0.1 | 0.8 | 0.6 | 0.1 | 0.0% |
| Total | 1.0 | 22.0 | 10.6 | 5.7 | 78.6% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Kuwait in 2022:
- India (392.0 kg)
- Vietnam (171.0 kg)
- United Arab Emirates (120.0 kg)
- Italy (95.0 kg)
- Germany (71.0 kg)
- Saudi Arabia (65.0 kg)
- Netherlands (30.0 kg)
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