Price for Monophenols; Cresols and Their Salts in Kuwait - 2022
Contents:
- Price for Monophenols; Cresols and Their Salts in Kuwait (CIF) - 2022
- Imports of Monophenols; Cresols and Their Salts in Kuwait
Price for Monophenols; Cresols and Their Salts in Kuwait (CIF) - 2022
In 2022, the average import price for monophenols; cresols and their saltses amounted to $5,654 per ton, falling by -12.8% against the previous year. Overall, the import price, however, showed a strong expansion. The growth pace was the most rapid in 2020 an increase of 48% against the previous year. The import price peaked at $6,486 per ton in 2021, and then declined in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($5,864 per ton), while the price for the United States amounted to $5,382 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.8%).
Imports of Monophenols; Cresols and Their Salts in Kuwait
In 2022, the amount of monophenols; cresols and their saltses imported into Kuwait amounted to 78 kg, with an increase of 11% compared with 2021 figures. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 33%. As a result, imports reached the peak of 96 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, monophenols; cresols and their salts imports contracted to $441 in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 97%. As a result, imports reached the peak of $467. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Monophenols; Cresols and Their Salts in Kuwait (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 150 | 293 | 284 | 258 | 19.8% |
United States | 87.0 | 174 | 170 | 183 | 28.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 237 | 467 | 454 | 441 | 23.0% |
Top Suppliers of Monophenols; Cresols and Their Salts to Kuwait in 2022:
- India (44.0 kg)
- United States (34.0 kg)
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