Price for Ketone-Phenols and Ketones with Other Oxygen Function in Kuwait - 2022
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Kuwait (CIF) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Kuwait
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Kuwait (CIF) - 2022
The average import price for ketone-phenols and ketones with other oxygen functia stood at $110,861 per ton in 2022, with an increase of 51% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2015 when the average import price increased by 107% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($124,147 per ton), while the price for Spain ($17,778 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+26.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Kuwait
In 2022, approx. 173 kg of ketone-phenols and ketones with other oxygen functia were imported into Kuwait; picking up by 114% compared with the previous year. In general, imports, however, recorded a perceptible decline.
In value terms, imports of ketone-phenols and ketones with other oxygen functia skyrocketed to $19K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.5 | 0.4 | 2.5 | 16.9 | 223.3% |
| Belgium | 0.1 | N/A | 0.1 | 2.0 | 171.4% |
| Spain | 1.0 | 0.1 | 0.3 | 0.3 | -33.1% |
| India | 5.0 | 1.5 | 1.3 | N/A | -49.0% |
| Others | 2.4 | 1.1 | 1.8 | N/A | -13.4% |
| Total | 8.9 | 3.1 | 6.0 | 19.2 | 29.2% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Kuwait in 2022:
- China (136.0 kg)
- Belgium (19.0 kg)
- Spain (18.0 kg)
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