Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait - 2022
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait (CIF) - 2022
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait (FOB) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait (CIF) - 2022
In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,030 per ton, rising by 12% against the previous year. Over the period under review, the import price, however, saw a perceptible decline. The import price peaked at $5,407 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($10,981 per ton), while the price for Saudi Arabia ($730 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait (FOB) - 2022
In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,755 per ton, picking up by 35% against the previous year. Overall, the export price saw moderate growth. The export price peaked at $8,082 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($11,384 per ton), while the average price for exports to Saudi Arabia totaled $4,509 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+4.7%).
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait
For the third year in a row, Kuwait recorded decline in overseas purchases of colouring matter; pigments and preparations based on chromium compoundses, which decreased by -42.8% to 26 tons in 2022. Over the period under review, imports continue to indicate a significant curtailment. The smallest decline of -14.5% was in 2020.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses fell dramatically to $106K in 2022. In general, imports showed a sharp setback. The smallest decline of -18.2% was in 2020.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 165 | 59.1 | 80.6 | 46.5 | -34.4% |
| Egypt | 19.3 | 50.7 | 43.6 | 36.6 | 23.8% |
| Germany | 20.6 | 18.3 | 12.8 | 7.6 | -28.3% |
| Colombia | 8.6 | 8.8 | 7.2 | 5.7 | -12.8% |
| Saudi Arabia | 4.4 | 3.8 | 2.6 | 1.8 | -25.8% |
| Italy | 2.6 | 2.8 | 2.3 | 1.8 | -11.5% |
| Vietnam | N/A | 18.3 | 0.6 | N/A | -96.7% |
| Lebanon | N/A | 23.3 | N/A | N/A | 0% |
| Others | 43.4 | 30.4 | 15.7 | 5.9 | -48.6% |
| Total | 264 | 216 | 165 | 106 | -26.2% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Kuwait in 2022:
- India (11.7 tons)
- Egypt (7.3 tons)
- Saudi Arabia (2.4 tons)
- Germany (1.9 tons)
- Italy (1.5 tons)
- Colombia (0.8 tons)
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait
For the fourth consecutive year, Kuwait recorded growth in overseas shipments of colouring matter; pigments and preparations based on chromium compoundses, which increased by 201% to 16 tons in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses soared to $78K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 8.2 | 10.1 | 18.4 | 71.6 | 105.9% |
| United Arab Emirates | 0.2 | 3.8 | 0.9 | 6.7 | 222.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.4 | 13.9 | 19.3 | 78.3 | 110.5% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Kuwait in 2022:
- Saudi Arabia (15.9 tons)
- United Arab Emirates (0.6 tons)
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