Kuwait - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCyclic Hydrocarbons Price in Kuwait - 2021
Contents:
- Cyclic Hydrocarbons Price in Kuwait (CIF) - 2022
- Cyclic Hydrocarbons Price in Kuwait (FOB) - 2022
- Cyclic Hydrocarbons Imports in Kuwait
- Cyclic Hydrocarbons Exports in Kuwait
Cyclic Hydrocarbons Price in Kuwait (CIF) - 2022
In 2022, the average cyclic hydrocarbons import price amounted to $813 per ton, shrinking by -14% against the previous year. Overall, the import price showed a mild curtailment. The growth pace was the most rapid in 2021 an increase of 45%. The import price peaked at $1,368 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +4.8% per year.
Cyclic Hydrocarbons Price in Kuwait (FOB) - 2022
The average cyclic hydrocarbons export price stood at $830 per ton in 2022, waning by -13% against the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 44% against the previous year. Over the period under review, the average export prices attained the maximum at $1,626 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($956 per ton) and Turkey ($850 per ton), while the average price for exports to China ($783 per ton) and the United States ($808 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-3.9%), while the prices for the other major destinations experienced a decline.
Cyclic Hydrocarbons Imports in Kuwait
Cyclic hydrocarbons imports into Kuwait dropped to 128K tons in 2022, shrinking by -8.3% compared with the year before. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 20%.
In value terms, cyclic hydrocarbons imports shrank significantly to $104M in 2022. Over the period under review, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 when imports increased by 73% against the previous year. As a result, imports attained the peak of $132M, and then dropped remarkably in the following year.
Import of Cyclic Hydrocarbons in Kuwait (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 2.6 | 5.0 | 3.1 | 104 | 242.0% |
South Korea | 24.9 | 1.7 | 0.7 | N/A | -83.2% |
Oman | 31.9 | 60.8 | 72.7 | N/A | 51.0% |
India | 50.6 | 4.7 | 45.7 | N/A | -5.0% |
Saudi Arabia | 4.7 | 1.7 | 6.9 | N/A | 21.2% |
Others | 4.2 | 2.2 | 2.7 | N/A | -19.8% |
Total | 119 | 76.0 | 132 | 104 | -4.4% |
Top Suppliers of Cyclic Hydrocarbons to Kuwait in 2022:
- United Arab Emirates (127.7K tons)
Cyclic Hydrocarbons Exports in Kuwait
In 2022, the amount of cyclic hydrocarbons exported from Kuwait reduced to 1.4M tons, waning by -13% compared with the previous year. The total export volume increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of 1.7M tons, and then contracted in the following year.
In value terms, cyclic hydrocarbons exports contracted dramatically to $1.2B in 2022. Overall, total exports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 95%. As a result, the exports attained the peak of $1.6B, and then reduced markedly in the following year.
Export of Cyclic Hydrocarbons in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 714 | 479 | 640 | 431 | -15.5% |
India | 187 | 125 | 226 | 266 | 12.5% |
Turkey | 25.5 | 19.1 | 41.5 | 168 | 87.5% |
United States | N/A | 26.0 | 8.4 | 134 | 127.0% |
Hong Kong SAR | N/A | N/A | 3.5 | 24.4 | 597.1% |
Netherlands | N/A | N/A | 26.1 | 23.6 | -9.6% |
Portugal | 22.8 | 10.2 | 45.8 | 11.6 | -20.2% |
Taiwan (Chinese) | 53.6 | 43.5 | 78.7 | N/A | 21.2% |
Pakistan | 105 | 65.0 | 204 | N/A | 39.4% |
Others | 45.6 | 47.2 | 314 | 144 | 46.7% |
Total | 1,154 | 816 | 1,588 | 1,202 | 1.4% |
Top Export Markets for Cyclic Hydrocarbons from Kuwait in 2022:
- China (549.9K tons)
- India (318.8K tons)
- Turkey (197.1K tons)
- United States (165.9K tons)
- Hong Kong SAR (29.3K tons)
- Netherlands (24.7K tons)
- Portugal (16.2K tons)
This report provides an in-depth analysis of the cyclic hydrocarbons market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141213 - Cyclohexane
- Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
- Prodcom 20141223 - Benzene
- Prodcom 20141225 - Toluene
- Prodcom 20141243 - o-Xylene
- Prodcom 20141245 - p-Xylene
- Prodcom 20141247 - m-Xylene and mixed xylene isomers
- Prodcom 20141250 - Styrene
- Prodcom 20141260 - Ethylbenzene
- Prodcom 20141270 - Cumene
- Prodcom 20141290 - Other cyclic hydrocarbons
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top countries leading in the import of cyclic hydrocarbons, their import values, and key statistics in 2022.
From 2010 to 2020, the average export price for cyclic hydrocarbons dropped nearly twofold, from $1,119 per ton to $615 per ton. That was the lowest level over the past decade.
In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
The global trade in cyclic hydrocarbons fluctuated strongly over the period under review. A significant drop in 2009 was followed by a robust recovery over the next four years, until exports decreased again. Exports ended on a decline in 2015, amountin
In value terms, petroleum oils and crude bituminous minerals oils imports amounted to $X in 2016. Overall, petroleum oils and crude bituminous minerals oils imports continue to indicate a abrupt co...
In value terms, petroleum oils and not crude bituminous minerals oils imports stood at $X in 2016. In general, petroleum oils and not crude bituminous minerals oils imports continue to indicate a m...
In value terms, petroleum oils and crude bituminous minerals oils exports stood at $X in 2016. Overall, petroleum oils and crude bituminous minerals oils exports continue to indicate a deep setback...
In value terms, petroleum oils and not crude bituminous minerals oils exports totaled $X in 2016. In general, petroleum oils and not crude bituminous minerals oils exports continue to indicate a sl...
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