Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait - 2021
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait (CIF) - 2021
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait (FOB) - 2022
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait (CIF) - 2021
In December 2021, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $1,208 per ton, jumping by 30% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the Netherlands ($3,903 per ton), while the price for Taiwan (Chinese) ($1,052 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+56.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait (FOB) - 2022
In 2022, the average export price for cyclic hydrocarbons; mixed xylene isomerses amounted to $1,038 per ton, surging by 2.7% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. The growth pace was the most rapid in 2019 an increase of 75%. As a result, the export price reached the peak level of $2,002 per ton. From 2020 to 2022, the average export prices remained at a 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 Madagascar amounted to +63.0% per year.
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait
In 2022, the amount of cyclic hydrocarbons; mixed xylene isomerses imported into Kuwait dropped to 2.1K tons, declining by -13.9% against the year before. Over the period under review, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports reached the peak of 2.4K tons, and then dropped in the following year.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports declined to $1.9M in 2022. In general, imports showed a noticeable decline. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of $2.3M, and then shrank in the following year.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 733 | 549 | 1,082 | 903 | 7.2% |
| Singapore | 375 | 201 | 304 | 241 | -13.7% |
| Spain | 176 | 118 | 222 | 219 | 7.6% |
| South Korea | 420 | 45.8 | 97.2 | 150 | -29.1% |
| Thailand | 7.5 | 40.0 | 174 | 145 | 168.4% |
| Saudi Arabia | 43.3 | 33.1 | 96.8 | 80.7 | 23.1% |
| Portugal | 71.7 | 46.4 | 73.5 | 61.3 | -5.1% |
| United Arab Emirates | 31.0 | 3.2 | 41.8 | 34.9 | 4.0% |
| India | 263 | 67.6 | 73.7 | 33.8 | -49.5% |
| Others | 98.8 | 508 | 88.2 | 63.3 | -13.8% |
| Total | 2,220 | 1,612 | 2,253 | 1,932 | -4.5% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Kuwait in 2022:
- Taiwan (Chinese) (1065.2 tons)
- Thailand (188.1 tons)
- Spain (187.0 tons)
- South Korea (175.1 tons)
- Singapore (151.9 tons)
- Saudi Arabia (88.3 tons)
- Portugal (72.2 tons)
- United Arab Emirates (44.3 tons)
- India (42.2 tons)
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait
In 2022, the amount of cyclic hydrocarbons; mixed xylene isomerses exported from Kuwait skyrocketed to 28 tons, growing by 87% compared with 2021. In general, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 127% against the previous year. As a result, the exports reached the peak of 41 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports soared to $29K in 2022. Overall, exports, however, showed a abrupt decrease.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.5 | 0.5 | 0.5 | 28.9 | 286.6% |
| Oman | N/A | 42.3 | 14.5 | N/A | -65.7% |
| Iraq | 35.1 | N/A | N/A | N/A | 0% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 36.0 | 42.8 | 15.0 | 28.9 | -7.1% |
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from Kuwait in 2022:
- United Arab Emirates (27.8 tons)
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