Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Kuwait - 2022
Contents:
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Kuwait (CIF) - 2022
- Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Kuwait
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Kuwait (CIF) - 2022
The average import price for oils and products of the distillation of high temperature coal tar; naphthalenes stood at $1,704 per ton in 2022, reducing by -4.2% against the previous year. In general, the import price, however, saw a prominent expansion. The growth pace was the most rapid in 2014 when the average import price increased by 126%. Over the period under review, average import prices attained the peak figure at $1,779 per ton in 2021, and then shrank modestly in the following year.
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 Taiwan (Chinese) ($3,840 per ton), while the price for India ($1,448 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+66.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Kuwait
In 2022, imports of oils and products of the distillation of high temperature coal tar; naphthalenes into Kuwait soared to 134 tons, with an increase of 24% against the previous year's figure. Overall, imports, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 186%. As a result, imports attained the peak of 398 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of oils and products of the distillation of high temperature coal tar; naphthalenes surged to $229K in 2022. Over the period under review, imports saw prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 251% against the previous year. As a result, imports reached the peak of $494K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 35.8 | 48.4 | 29.4 | 104 | 42.7% |
| United Arab Emirates | 41.2 | 40.3 | 18.7 | 102 | 35.3% |
| China | 17.8 | 11.5 | 3.5 | 10.2 | -16.9% |
| Malaysia | 32.8 | N/A | N/A | N/A | 0% |
| Philippines | N/A | 385 | 137 | N/A | -64.4% |
| Others | 13.0 | 8.4 | 3.4 | 11.7 | -3.5% |
| Total | 141 | 494 | 192 | 229 | 17.5% |
Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Naphthalene to Kuwait in 2022:
- India (72.1 tons)
- United Arab Emirates (57.2 tons)
- China (3.5 tons)
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