Price for Polyphenols; Resorcinol and Its Salts in Kuwait - 2022
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Kuwait (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Kuwait
Price for Polyphenols; Resorcinol and Its Salts in Kuwait (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $25,118 per ton in 2022, shrinking by -4.7% against the previous year. In general, the import price, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 57% against the previous year. The import price peaked at $39,450 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($27,371 per ton), while the price for India ($7,780 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Polyphenols; Resorcinol and Its Salts in Kuwait
In 2022, approx. 739 kg of polyphenols; resorcinol and its saltses were imported into Kuwait; rising by 92% compared with the previous year. Over the period under review, imports enjoyed prominent growth. The growth pace was the most rapid in 2020 with an increase of 95% against the previous year. As a result, imports attained the peak of 1 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, polyphenols; resorcinol and its salts imports skyrocketed to $19K in 2022. In general, imports saw strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 94%. As a result, imports attained the peak of $27K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Polyphenols; Resorcinol and Its Salts in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.5 | 19.3 | 9.6 | 17.9 | 15.9% |
| India | 1.3 | 0.2 | 0.2 | 0.3 | -38.7% |
| Germany | 0.9 | 0.3 | 0.3 | 0.3 | -30.7% |
| Mexico | N/A | 7.1 | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 13.9 | 27.0 | 10.1 | 18.6 | 10.2% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Kuwait in 2022:
- United Kingdom (653.0 kg)
- India (41.0 kg)
- Germany (41.0 kg)
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