Kuwait: Bentonite Market 2021

Bentonite Market Size in Kuwait

In 2019, the Kuwaiti bentonite market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. Overall, consumption continues to indicate a perceptible setback. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Kuwait consumption peaked at $X in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.

Bentonite Exports

Exports from Kuwait

In 2019, the amount of bentonite exported from Kuwait stood at X tons, flattening at the previous year's figure. Over the period under review, exports continue to indicate a noticeable downturn. Over the period under review, exports hit record highs at X tons in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.

In value terms, bentonite exports amounted to $X in 2019. Overall, exports faced a deep downturn. Kuwait exports peaked at $X in 2009; however, from 2010 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the largest exporters of bentonite, together mixing up X% of total exports. The following exporters - Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) - together made up X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Greece, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from Kuwait were the U.S. ($X), Turkey ($X) and India ($X), with a combined X% share of total exports.

Turkey recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the bentonite export price in Kuwait amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price saw a abrupt setback. Kuwait export price peaked at $X per ton in 2009; however, from 2010 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Kuwait

In 2019, imports of bentonite into Kuwait reduced remarkably to X tons, with a decrease of -X% compared with 2018 figures. Overall, imports recorded a noticeable contraction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, bentonite imports declined significantly to $X in 2019. In general, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Kuwait imports peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

Germany (X tons), Canada (X tons), Indonesia (X tons), the Netherlands (X tons), Malaysia (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Thailand (X tons), the UK (X tons), Japan (X tons) and France (X tons) represented roughly X% of total imports of bentonite in 2019. Italy (X tons) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Thailand, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite importing markets into Kuwait were Germany ($X), Canada ($X) and the Netherlands ($X), together comprising X% of total imports. These countries were followed by Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy, which together accounted for a further X the main importing countries, Thailand saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the bentonite import price in Kuwait amounted to $X per ton, falling by -X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2012 an increase of X% y-o-y. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform