Kuwait: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in Kuwait

In 2023, after three years of growth, there was decline in the Kuwaiti organic surface active agent market, when its value decreased by X% to $X. Overall, consumption recorded modest growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Exports of Organic Surface Active Agents

Exports from Kuwait

In 2023, after two years of growth, there was significant decline in shipments abroad of organic surface active agents, when their volume decreased by X% to X tons. Overall, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, organic surface active agent exports declined sharply to $X in 2023. In general, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Qatar (X tons) was the main destination for organic surface active agent exports from Kuwait, accounting for a X% share of total exports. Moreover, organic surface active agent exports to Qatar exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fourfold. Iraq (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Qatar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Iraq (X% per year).

In value terms, Qatar ($X) remains the key foreign market for organic surface active agents exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Qatar amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Egypt (X% per year).

Export Prices by Country

In 2023, the average organic surface active agent export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Organic Surface Active Agents

Imports into Kuwait

In 2023, the amount of organic surface active agents imported into Kuwait expanded slightly to X tons, increasing by X% against 2022 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, organic surface active agent imports fell modestly to $X in 2023. In general, imports showed a slight increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of organic surface active agent imports to Kuwait, together comprising X% of total imports. Saudi Arabia, the United States, the UK, Italy, Germany, Bahrain, Cyprus, Qatar, Spain and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Cyprus (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Cyprus ($X) and the United States ($X) constituted the largest organic surface active agent suppliers to Kuwait, together comprising X% of total imports.

Cyprus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average organic surface active agent import price stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, organic surface active agent import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Cyprus ($X per ton), while the price for Qatar ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Cyprus (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform