Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Kuwait - 2022

Contents:

1. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Kuwait (CIF) - 2022
2. Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Kuwait

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Kuwait (CIF) - 2022

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $19,556 per ton, waning by -23.1% against the previous year. Overall, the import price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 143% against the previous year. Over the period under review, average import prices reached the maximum at $32,358 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($19,438 per ton), while the price for the United Arab Emirates stood at $19,438 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+84.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Kuwait

Imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Kuwait surged to 96 tons in 2022, jumping by 1,054% against the previous year's figure. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses skyrocketed to $1.9M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Kuwait in 2022:

1. United Arab Emirates (89.9 tons)
2. India (5.7 tons)

Source: IndexBox Market Intelligence Platform