Price for Andalusite, Kyanite and Sillimanite in Kuwait - 2022

Contents:

  1. Price for Andalusite, Kyanite and Sillimanite in Kuwait (CIF) - 2022
  2. Imports of Andalusite, Kyanite and Sillimanite in Kuwait

Price for Andalusite, Kyanite and Sillimanite in Kuwait (CIF) - 2022

The average andalusite, kyanite and sillimanite import price stood at $235 per ton in 2022, growing by 13% against the previous year. In general, the import price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 84%. Over the period under review, average import prices hit record highs at $1,167 per ton in 2013; however, from 2014 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 India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -9.6% per year.

Imports of Andalusite, Kyanite and Sillimanite in Kuwait

In 2022, imports of andalusite, kyanite and sillimanites into Kuwait dropped rapidly to 14 tons, with a decrease of -43.7% against the previous year's figure. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 629% against the previous year. As a result, imports attained the peak of 24 tons, and then fell sharply in the following year.

In value terms, andalusite, kyanite and sillimanite imports declined markedly to $3.2K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 265% against the previous year. As a result, imports attained the peak of $5.1K, and then shrank remarkably in the following year.

Import of Andalusite, Kyanite and Sillimanite in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.50.71.03.228.7%
TurkeyN/A0.74.1N/A485.7%
OthersN/AN/AN/AN/A0%
Total1.51.45.13.228.7%

Top Suppliers of Andalusite, Kyanite and Sillimanite to Kuwait in 2022:

  1. India (13.7 tons)

Source: IndexBox Market Intelligence Platform

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