Kuwait - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Diethylene Glycol and Digol in Kuwait - 2021
Contents:
- Price for Diethylene Glycol and Digol in Kuwait (CIF) - 2022
- Price for Diethylene Glycol and Digol in Kuwait (FOB) - 2022
- Imports of Diethylene Glycol and Digol in Kuwait
- Exports of Diethylene Glycol and Digol in Kuwait
Price for Diethylene Glycol and Digol in Kuwait (CIF) - 2022
The average diethylene glycol and digol import price stood at $1,184 per ton in 2022, reducing by -2.4% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 25%. The import price peaked at $2,716 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 United States ($7,808 per ton), while the price for Saudi Arabia ($228 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.4%), while the prices for the other major suppliers experienced a decline.
Price for Diethylene Glycol and Digol in Kuwait (FOB) - 2022
In 2022, the average diethylene glycol and digol export price amounted to $689 per ton, falling by -20.9% against the previous year. In general, the export price recorded a pronounced downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 26%. The export price peaked at $1,165 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($810 per ton) and Belgium ($787 per ton), while the average price for exports to Spain ($583 per ton) and China ($621 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-1.7%), while the prices for the other major destinations experienced a decline.
Imports of Diethylene Glycol and Digol in Kuwait
In 2022, approx. 1.1 tons of 2,2-oxydiethanol (diethylene glycol, digol) were imported into Kuwait; with an increase of 3.9% compared with 2021 figures. Overall, imports, however, recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 when imports increased by 442% against the previous year. As a result, imports attained the peak of 131 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, diethylene glycol and digol imports amounted to $1.2K in 2022. Over the period under review, imports, however, faced a sharp shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 579%. As a result, imports reached the peak of $205K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Diethylene Glycol and Digol in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.5 | 162 | 1.0 | 1.0 | -62.8% |
| United Arab Emirates | 4.0 | 20.3 | 0.1 | 0.2 | -63.2% |
| Saudi Arabia | 2.7 | 18.3 | 0.1 | 0.1 | -66.7% |
| South Korea | 1.4 | N/A | N/A | N/A | 0% |
| United Kingdom | 0.2 | 2.0 | N/A | N/A | 900.0% |
| India | 1.3 | 2.8 | N/A | N/A | 115.4% |
| Others | 1.1 | N/A | N/A | N/A | 0% |
| Total | 30.2 | 205 | 1.2 | 1.2 | -65.9% |
Top Suppliers of Diethylene Glycol and Digol to Kuwait in 2022:
- United Arab Emirates (581.0 kg)
- Saudi Arabia (324.0 kg)
- United States (125.0 kg)
- United Kingdom (17.0 kg)
- India (6.0 kg)
Exports of Diethylene Glycol and Digol in Kuwait
In 2022, exports of 2,2-oxydiethanol (diethylene glycol, digol) from Kuwait reduced to 125K tons, with a decrease of -2.7% on the previous year's figure. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 51% against the previous year.
In value terms, diethylene glycol and digol exports declined markedly to $86M in 2022. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 86% against the previous year. As a result, the exports attained the peak of $112M, and then contracted notably in the following year.
| Export of Diethylene Glycol and Digol in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.8 | 28.6 | 59.5 | 42.6 | -2.4% |
| Italy | 31.1 | 17.3 | 21.1 | 15.6 | -20.5% |
| Turkey | 6.2 | 0.4 | 4.0 | 5.6 | -3.3% |
| United Arab Emirates | 0.4 | 0.8 | 3.8 | 4.7 | 127.3% |
| India | 2.1 | 2.5 | 5.2 | 4.3 | 27.0% |
| Pakistan | 2.8 | 2.1 | 3.2 | 2.4 | -5.0% |
| Spain | 7.3 | 1.2 | 0.8 | 1.8 | -37.3% |
| Germany | 2.9 | 1.4 | 4.2 | 1.4 | -21.6% |
| Others | 11.3 | 5.9 | 9.9 | 7.4 | -13.2% |
| Total | 110 | 60.2 | 112 | 85.9 | -7.9% |
Top Export Markets for Diethylene Glycol and Digol from Kuwait in 2022:
- China (68.6K tons)
- Italy (22.8K tons)
- Turkey (7.4K tons)
- United Arab Emirates (7.1K tons)
- India (5.3K tons)
- Pakistan (3.3K tons)
- Spain (3.2K tons)
- Germany (1.9K tons)
This report provides an in-depth analysis of the market for diethylene glycol and digol in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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