Price for Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait - 2022
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait (CIF) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait (FOB) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait (CIF) - 2022
In 2022, the average import price for dyes; reactive dyes and preparations based therea amounted to $5,368 per ton, declining by -48.8% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2021 an increase of 135% against the previous year. The import price peaked at $14,705 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($9,281 per ton), while the price for Turkey ($3,059 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.4%), while the prices for the other major suppliers experienced a decline.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait (FOB) - 2022
In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $1,361 per ton, remaining constant against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 42%. Over the period under review, the average export prices attained the maximum at $7,173 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +51.2% per year.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait
Imports of dyes; reactive dyes and preparations based therea into Kuwait skyrocketed to 26 tons in 2022, increasing by 181% compared with 2021. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 928% against the previous year. As a result, imports attained the peak of 40 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of dyes; reactive dyes and preparations based therea surged to $137K in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 617% against the previous year. As a result, imports reached the peak of $180K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 8.8 | 32.2 | 17.4 | 32.7 | 54.9% |
| Saudi Arabia | 4.6 | 4.3 | 10.9 | 20.5 | 64.6% |
| United Arab Emirates | 2.3 | 48.9 | 18.4 | 19.6 | 104.3% |
| India | 0.7 | 4.6 | 10.4 | 19.6 | 203.7% |
| United Kingdom | 2.0 | 6.7 | 3.3 | 5.6 | 40.9% |
| China | 0.2 | 2.1 | 1.9 | 3.5 | 159.6% |
| Italy | 1.2 | 3.5 | 1.5 | 2.3 | 24.2% |
| Iran | N/A | 15.6 | N/A | N/A | 0% |
| Jordan | 0.6 | 25.3 | N/A | N/A | 4116.7% |
| Egypt | N/A | 11.0 | N/A | N/A | 0% |
| Others | 4.6 | 25.2 | 31.5 | 33.7 | 94.2% |
| Total | 25.0 | 180 | 95.4 | 137 | 76.3% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Kuwait in 2022:
- Turkey (10.7 tons)
- United Arab Emirates (4.8 tons)
- India (4.3 tons)
- Saudi Arabia (3.3 tons)
- China (0.8 tons)
- United Kingdom (0.6 tons)
- Italy (0.4 tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait
After three years of growth, shipments abroad of dyes; reactive dyes and preparations based therea decreased by -1.4% to 55 tons in 2022. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 3%. As a result, the exports attained the peak of 55 tons, and then declined in the following year.
In value terms, exports of dyes; reactive dyes and preparations based therea fell modestly to $74K in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 2.6% against the previous year.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 35.9 | 73.2 | 75.2 | 74.2 | 27.4% |
| Iraq | 35.3 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Total | 71.5 | 73.4 | 75.3 | 74.3 | 1.3% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Kuwait in 2022:
- Saudi Arabia (54.6 tons)
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