Fluorides; of Aluminium Price in Kuwait - 2022

Fluorides; of Aluminium Price in Kuwait (CIF) - 2022

The average fluorides; of aluminium import price stood at $2,319 per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $3,446 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 the United States ($15,680 per ton), while the price for the United Arab Emirates ($420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Fluorides; of Aluminium Price in Kuwait (FOB) - 2022

In 2022, the average fluorides; of aluminium export price amounted to $5,075 per ton, dropping by -14.2% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fluorides; of aluminium export price increased by +53.8% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 62%. Over the period under review, the average export prices hit record highs at $7,526 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, 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 the United Arab Emirates amounted to +1.8% per year.

Fluorides; of Aluminium Imports in Kuwait

In 2022, supplies from abroad of fluorides; of aluminia was finally on the rise to reach 1.9 tons after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt decrease.

In value terms, fluorides; of aluminium imports expanded significantly to $4.5K in 2022. In general, imports, however, continue to indicate a abrupt setback.

Import of Fluorides; of Aluminium in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bahrain	1.5	1.5	1.4	1.6	2.2%
United States	1.8	1.6	1.5	1.6	-3.9%
China	0.6	0.6	0.6	0.7	5.3%
United Arab Emirates	1.5	1.0	0.7	0.6	-26.3%
Others	N/A	N/A	N/A	N/A	0%
Total	5.4	4.8	4.2	4.5	-5.9%

Top Suppliers of Fluorides; of Aluminium to Kuwait in 2022:

United Arab Emirates (1480.0 kg)
China (185.0 kg)
Bahrain (166.0 kg)
United States (100.0 kg)

Fluorides; of Aluminium Exports in Kuwait

In 2022, shipments abroad of fluorides; of aluminia increased by 12% to 67 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt decline.

In value terms, fluorides; of aluminium exports shrank slightly to $340 in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when exports increased by 9.4% against the previous year.