Price for Dyes; Pigments and Preparations Based Thereon in Kuwait - 2022
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Kuwait (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Kuwait (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Kuwait
- Exports of Dyes; Pigments and Preparations Based Thereon in Kuwait
Price for Dyes; Pigments and Preparations Based Thereon in Kuwait (CIF) - 2022
The average import price for dyes; pigments and preparations based therea stood at $7,357 per ton in 2022, shrinking by -7.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 27%. The import price peaked at $7,988 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($20,494 per ton), while the price for Austria ($2,751 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Kuwait (FOB) - 2022
In 2022, the average export price for dyes; pigments and preparations based therea amounted to $3,996 per ton, which is down by -28.9% against the previous year. In general, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 59% against the previous year. As a result, the export price reached the peak level of $7,295 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($17,783 per ton), while the average price for exports to Jordan ($1,077 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 Qatar (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Kuwait
After two years of decline, purchases abroad of dyes; pigments and preparations based therea increased by 26% to 422 tons in 2022. Overall, imports, however, continue to indicate a abrupt slump.
In value terms, imports of dyes; pigments and preparations based therea skyrocketed to $3.1M in 2022. In general, imports, however, recorded a abrupt downturn.
| Import of Dyes; Pigments and Preparations Based Thereon in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 702 | 705 | 445 | 643 | -2.9% |
| Germany | 1,066 | 768 | 392 | 388 | -28.6% |
| India | 416 | 84.8 | 193 | 341 | -6.4% |
| Finland | 473 | 208 | 300 | 271 | -16.9% |
| Norway | 319 | 321 | 262 | 237 | -9.4% |
| Italy | 148 | 97.0 | 161 | 196 | 9.8% |
| Turkey | 183 | 111 | 154 | 193 | 1.8% |
| Netherlands | 64.3 | 218 | 168 | 158 | 34.9% |
| Saudi Arabia | 422 | 207 | 86.5 | 157 | -28.1% |
| United Kingdom | 124 | 293 | 102 | 140 | 4.1% |
| China | 157 | 176 | 107 | 90.7 | -16.7% |
| Vietnam | 306 | 70.9 | 22.4 | 34.5 | -51.7% |
| Austria | 7.9 | 5.4 | 37.2 | 21.0 | 38.5% |
| Others | 340 | 280 | 237 | 238 | -11.2% |
| Total | 4,728 | 3,545 | 2,667 | 3,106 | -13.1% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Kuwait in 2022:
- United Arab Emirates (147.8 tons)
- Turkey (60.0 tons)
- Saudi Arabia (33.8 tons)
- Italy (27.0 tons)
- India (23.3 tons)
- China (21.5 tons)
- Germany (18.9 tons)
- Finland (17.5 tons)
- United Kingdom (15.6 tons)
- Norway (13.4 tons)
- Netherlands (12.0 tons)
- Austria (7.6 tons)
- Vietnam (4.0 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Kuwait
Exports of dyes; pigments and preparations based therea from Kuwait skyrocketed to 108 tons in 2022, with an increase of 317% compared with 2021. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of dyes; pigments and preparations based therea soared to $433K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 212% against the previous year. As a result, the exports reached the peak of $721K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Dyes; Pigments and Preparations Based Thereon in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 59.2 | 19.3 | 80.0 | 152 | 36.9% |
| India | 133 | 408 | 17.3 | 111 | -5.8% |
| Jordan | 18.2 | 12.6 | 0.4 | 68.2 | 55.3% |
| Qatar | 3.3 | 91.7 | 33.4 | 63.5 | 168.0% |
| United Arab Emirates | 12.6 | 3.1 | 10.2 | 19.5 | 15.7% |
| Bahrain | 4.4 | 119 | 4.8 | 19.1 | 63.1% |
| Netherlands | N/A | 67.6 | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 231 | 721 | 146 | 433 | 23.3% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Kuwait in 2022:
- Jordan (63.3 tons)
- Saudi Arabia (19.4 tons)
- Bahrain (8.7 tons)
- Qatar (7.8 tons)
- India (6.2 tons)
- United Arab Emirates (3.1 tons)
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