Sulphides; Polysulphides Price in Kuwait - 2022

Contents:

  1. Sulphides; Polysulphides Price in Kuwait (FOB) - 2022
  2. Sulphides; Polysulphides Price in Kuwait (CIF) - 2022
  3. Sulphides; Polysulphides Exports in Kuwait
  4. Sulphides; Polysulphides Imports in Kuwait

Sulphides; Polysulphides Price in Kuwait (FOB) - 2022

In 2022, the average sulphides; polysulphides export price amounted to $803 per ton, with a decrease of -22.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 105%. As a result, the export price reached the peak level of $1,034 per ton, and then shrank dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($3,915 per ton), while the average price for exports to Saudi Arabia stood at $301 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-3.1%).

Sulphides; Polysulphides Price in Kuwait (CIF) - 2022

The average sulphides; polysulphides import price stood at $1,087 per ton in 2022, increasing by 4.4% against the previous year. Over the period under review, the import price, however, saw a pronounced contraction. The growth pace was the most rapid in 2013 an increase of 56%. As a result, import price reached the peak level of $2,539 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,010 per ton), while the price for Iran ($617 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphides; Polysulphides Exports in Kuwait

In 2022, exports of sulphides; polysulphideses from Kuwait surged to 35 tons, with an increase of 18% compared with 2021. Overall, exports posted a prominent increase. The growth pace was the most rapid in 2020 with an increase of 84%. As a result, the exports reached the peak of 50 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sulphides; polysulphides exports shrank to $28K in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 85% against the previous year.

Export of Sulphides; Polysulphides in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/A16.615.3-7.8%
Saudi Arabia13.424.913.88.0-15.8%
Others0.20.20.14.5182.3%
Total13.625.230.527.826.9%

Top Export Markets for Sulphides; Polysulphides from Kuwait in 2022:

  1. Saudi Arabia (26.5 tons)
  2. Qatar (3.9 tons)

Sulphides; Polysulphides Imports in Kuwait

In 2022, sulphides; polysulphides imports into Kuwait amounted to 119 tons, remaining stable against 2021. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 23% against the previous year. As a result, imports attained the peak of 120 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sulphides; polysulphides imports rose remarkably to $130K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 -4.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 71%. As a result, imports reached the peak of $136K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Sulphides; Polysulphides in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.598.067.541.7-4.2%
India7.713.026.538.571.0%
Iran9.112.314.321.533.2%
Others15.312.914.927.922.2%
Total79.713612313017.7%

Top Suppliers of Sulphides; Polysulphides to Kuwait in 2022:

  1. China (60.6 tons)
  2. Iran (34.9 tons)
  3. India (19.2 tons)

Source: IndexBox Market Intelligence Platform

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