Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Kuwait - 2022
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kuwait (CIF) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kuwait
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kuwait (CIF) - 2022
The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $8,825 per ton in 2022, increasing by 5.2% against the previous year. In general, the import price posted temperate growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 272%. As a result, import price reached the peak level of $19,324 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2013 to 2022, the rate of growth in terms of prices for China amounted to +3.3% per year.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kuwait
In 2022, overseas purchases of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -52.5% to 10 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted a noticeable expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 143%. As a result, imports reached the peak of 23 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves dropped sharply to $91K in 2022. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 285% against the previous year. As a result, imports reached the peak of $229K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 57.8 | 229 | 181 | 77.1 | 10.1% |
| Others | 1.7 | N/A | 0.5 | 13.4 | 99.0% |
| Total | 59.5 | 229 | 181 | 90.5 | 15.0% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Kuwait in 2022:
- China (10.3 tons)
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