Sulphites; Thiosulphates Price in Kuwait - 2021

Contents:

1. Sulphites; Thiosulphates Price in Kuwait (CIF) - 2022
2. Sulphites; Thiosulphates Price in Kuwait (FOB) - 2022
3. Sulphites; Thiosulphates Imports in Kuwait
4. Sulphites; Thiosulphates Exports in Kuwait

Sulphites; Thiosulphates Price in Kuwait (CIF) - 2022

The average sulphites; thiosulphates import price stood at $576 per ton in 2022, waning by -7.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 14%. The import price peaked at $770 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 Germany ($7,701 per ton), while the price for Bahrain ($431 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Kuwait (FOB) - 2022

The average sulphites; thiosulphates export price stood at $1,246 per ton in 2022, increasing by 13% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 35%. Over the period under review, the average export prices hit record highs at $1,352 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($2,034 per ton), while the average price for exports to Qatar ($855 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphites; Thiosulphates Imports in Kuwait

In 2022, purchases abroad of sulphites; thiosulphateses was finally on the rise to reach 4.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt contraction.

In value terms, sulphites; thiosulphates imports skyrocketed to $2.6M in 2022. In general, imports, however, showed a deep setback.

Top Suppliers of Sulphites; Thiosulphates to Kuwait in 2022:

1. Thailand (2232.1 tons)
2. Bahrain (1607.1 tons)
3. Italy (290.3 tons)
4. China (194.7 tons)
5. United Arab Emirates (78.0 tons)
6. India (31.0 tons)
7. Germany (0.7 tons)

Sulphites; Thiosulphates Exports in Kuwait

In 2022, overseas shipments of sulphites; thiosulphateses increased by 60% to 244 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a deep slump.

In value terms, sulphites; thiosulphates exports surged to $304K in 2022. In general, exports, however, recorded a deep setback.

Top Export Markets for Sulphites; Thiosulphates from Kuwait in 2022:

1. Qatar (132.4 tons)
2. Iraq (74.8 tons)
3. Oman (27.8 tons)
4. Saudi Arabia (8.6 tons)

Source: IndexBox Market Intelligence Platform