Kuwait - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene in Primary Forms in Kuwait - 2021
Contents:
- Price for Polyethylene in Primary Forms in Kuwait (FOB) - 2021
- Price for Polyethylene in Primary Forms in Kuwait (CIF) - 2021
- Exports of Polyethylene in Primary Forms in Kuwait
- Imports of Polyethylene in Primary Forms in Kuwait
Price for Polyethylene in Primary Forms in Kuwait (FOB) - 2021
The average polyethylene in primary forms export price stood at $1,132 per ton in December 2021, reducing by -2.2% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +2.5%. The growth pace was the most rapid in June 2021 when the average export price increased by 30% m-o-m. As a result, the export price attained the peak level of $1,323 per ton. From July 2021 to December 2021, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was Belgium ($1,646 per ton), while the average price for exports to China ($964 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polyethylene in Primary Forms in Kuwait (CIF) - 2021
The average polyethylene in primary forms import price stood at $1,560 per ton in December 2021, which is down by -1.9% against the previous month. Over the period from January 2021 to December 2021, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in November 2021 when the average import price increased by 16% against the previous month. As a result, import price attained the peak level of $1,590 per ton, and then dropped in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($1,883 per ton), while the price for Iran ($500 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polyethylene in Primary Forms in Kuwait
In 2022, after two years of decline, there was significant growth in overseas shipments of polyethylene in primary forms, when their volume increased by 196% to 727K tons. In general, exports saw a temperate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, polyethylene in primary forms exports soared to $855M in 2022. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Polyethylene in Primary Forms in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| China | 181 | 138 | -23.8% | ||
| United Arab Emirates | 54.7 | 29.5 | -46.1% | ||
| Syrian Arab Republic | 37.2 | 23.1 | -37.9% | ||
| Vietnam | 35.3 | 22.6 | -36.0% | ||
| India | 33.0 | 13.5 | -59.1% | ||
| Malaysia | 24.1 | 12.6 | -47.7% | ||
| Turkey | 23.8 | 11.8 | -50.4% | ||
| Taiwan (Chinese) | 17.8 | 9.8 | -44.9% | ||
| Indonesia | 18.6 | 8.4 | -54.8% | ||
| Hong Kong SAR | 31.4 | 8.0 | -74.5% | ||
| United Kingdom | 10.9 | 7.2 | -33.9% | ||
| Thailand | 15.4 | 7.1 | -53.9% | ||
| Algeria | 13.2 | 3.4 | -74.2% | ||
| Others | 181 | 87.8 | -51.5% | ||
| Total | 677 | 382 | -43.6% | ||
Top Export Markets for Polyethylene in Primary Forms from Kuwait in 2022:
- China (173.8K tons)
- United Arab Emirates (38.4K tons)
- Vietnam (29.4K tons)
- Syrian Arab Republic (19.4K tons)
- India (17.6K tons)
- Malaysia (16.6K tons)
- Turkey (15.5K tons)
- Taiwan (Chinese) (12.1K tons)
- Indonesia (11.1K tons)
- Hong Kong SAR (10.3K tons)
- United Kingdom (9.5K tons)
- Thailand (9.3K tons)
- Algeria (4.5K tons)
Imports of Polyethylene in Primary Forms in Kuwait
Polyethylene in primary forms imports into Kuwait contracted significantly to 7.1K tons in 2022, waning by -65.2% on the previous year. In general, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 6.1% against the previous year.
In value terms, polyethylene in primary forms imports shrank markedly to $13M in 2022. Over the period under review, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 9.9%.
| Import of Polyethylene in Primary Forms in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Saudi Arabia | 14.1 | 10.6 | -24.8% | ||
| United Arab Emirates | 11.6 | 6.2 | -46.6% | ||
| Qatar | 6.1 | 4.3 | -29.5% | ||
| Germany | 0.7 | 0.7 | 0.0% | ||
| Taiwan (Chinese) | 0.6 | 0.5 | -16.7% | ||
| Vietnam | 0.4 | 0.5 | 25.0% | ||
| India | 0.6 | 0.4 | -33.3% | ||
| Others | 3.9 | 3.3 | -15.4% | ||
| Total | 38.0 | 26.5 | -30.3% | ||
Top Suppliers of Polyethylene in Primary Forms to Kuwait in 2022:
- Saudi Arabia (7.9K tons)
- United Arab Emirates (4.5K tons)
- Qatar (3.2K tons)
- Germany (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
- India (0.3K tons)
- Vietnam (0.3K tons)
This report provides an in-depth analysis of the market for polyethylene in primary forms 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
- Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
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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