Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Kuwait - 2022

Contents:

1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Kuwait (FOB) - 2022
2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Kuwait (CIF) - 2022
3. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Kuwait
4. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Kuwait

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Kuwait (FOB) - 2022

In 2022, the average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $899 per ton, growing by 6.6% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2021 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices reached the maximum at $1,400 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,461 per ton), while the average price for exports to Taiwan (Chinese) ($677 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+76.3%), while the prices for the other major destinations experienced a decline.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Kuwait (CIF) - 2022

In 2022, the average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $609 per ton, with a decrease of -28.9% against the previous year. In general, the import price showed a abrupt slump. The growth pace was the most rapid in 2019 an increase of 36% against the previous year. Over the period under review, average import prices reached the peak figure at $2,720 per ton in 2013; however, from 2014 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 ($2,456 per ton), while the price for Saudi Arabia ($476 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.7%), while the prices for the other major suppliers experienced a decline.

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Kuwait

In 2022, shipments abroad of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds decreased by -8.7% to 1.1M tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 39%.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds contracted modestly to $989M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 48%. As a result, the exports attained the peak of $1B, and then shrank slightly in the following year.

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from Kuwait in 2022:

1. Pakistan (337.0K tons)
2. China (267.9K tons)
3. India (170.7K tons)
4. Taiwan (Chinese) (139.5K tons)
5. Turkey (126.6K tons)
6. United States (55.0K tons)

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Kuwait

In 2022, after three years of growth, there was significant decline in purchases abroad of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds, when their volume decreased by -77.7% to 578 tons. Overall, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 158%. As a result, imports attained the peak of 2.6K tons, and then fell sharply in the following year.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds dropped dramatically to $352K in 2022. In general, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 83% against the previous year.

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Kuwait in 2022:

1. Russia (472.2 tons)
2. United Arab Emirates (50.8 tons)
3. Saudi Arabia (37.0 tons)
4. Qatar (16.1 tons)
5. United States (0.9 tons)

Source: IndexBox Market Intelligence Platform