Price for Rosin and Resin Acids in Kuwait - 2021
Contents:
Price for Rosin and Resin Acids in Kuwait (CIF) - 2022
In 2022, the average rosin and resin acids import price amounted to $1,778 per ton, dropping by -4.8% against the previous year. Overall, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2015 an increase of 91%. Over the period under review, average import prices attained the peak figure at $5,011 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 China ($7,723 per ton), while the price for Saudi Arabia ($989 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Rosin and Resin Acids in Kuwait
Rosin and resin acids imports into Kuwait stood at 7.6 tons in 2022, surging by 14% compared with the year before. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 136%. As a result, imports attained the peak of 9.7 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, rosin and resin acids imports rose sharply to $14K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 65%. As a result, imports attained the peak of $15K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Rosin and Resin Acids in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1.7 | 8.1 | 6.4 | 6.0 | 52.3% |
| United States | 0.4 | 0.4 | 0.6 | 2.5 | 84.2% |
| China | 2.0 | 1.4 | 1.8 | 1.7 | -5.3% |
| Indonesia | 2.2 | 1.8 | 1.4 | 1.3 | -16.1% |
| United Kingdom | 1.5 | 1.2 | 1.0 | 1.0 | -12.6% |
| Others | 1.1 | 1.7 | 1.3 | 1.0 | -3.1% |
| Total | 8.9 | 14.6 | 12.6 | 13.6 | 15.2% |
Top Suppliers of Rosin and Resin Acids to Kuwait in 2022:
- Saudi Arabia (6.1 tons)
- United Kingdom (0.5 tons)
- United States (0.4 tons)
- Indonesia (0.4 tons)
- China (0.2 tons)
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This report provides an in-depth analysis of the market for rosin and resin acids in Kuwait.
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This report provides an in-depth analysis of the global market for rosin and resin acids.
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This report provides an in-depth analysis of the market for rosin and resin acids in Kuwait.
759
This report provides an in-depth analysis of the global market for rosin and resin acids.
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In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
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In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
679
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
688
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
