Report Kuwait - Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Kuwait - Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Alkali Metals Market 2024

Alkali Metals Market Size in Kuwait

In 2021, the Kuwaiti alkali metals market increased by 293% to $X, rising for the third year in a row after four years of decline. Overall, consumption enjoyed significant growth. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Alkali Metals Exports

Exports from Kuwait

In 2019, after three years of growth, there was significant decline in overseas shipments of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury, when their volume decreased by -63.5% to X tons. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of 115%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

In value terms, alkali metals exports dropped dramatically to $X in 2019. Overall, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 54%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for alkali metals exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Saudi Arabia amounted to +1,005.9%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exports from Kuwait.

From 2012 to 2019, the average annual growth rate of value to Saudi Arabia stood at +209.6%.

Export Prices by Country

The average alkali metals export price stood at $X per ton in 2019, picking up by 43% against the previous year. In general, the export price recorded a temperate expansion. The growth pace was the most rapid in 2015 an increase of 73%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2019, 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 2019, the rate of growth in terms of prices for Oman amounted to +128.6% per year.

Alkali Metals Imports

Imports into Kuwait

In 2021, overseas purchases of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury increased by 290% to X tons, rising for the second consecutive year after five years of decline. Overall, imports posted resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by 667% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, alkali metals imports surged to $X in 2021. In general, imports showed a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 660%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest alkali metals supplier to Kuwait, accounting for a 83% share of total imports. Moreover, alkali metals imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Sweden (X tons), more than tenfold. The third position in this ranking was held by the United States (X tons), with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume from Saudi Arabia amounted to +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+16.7% per year) and the United States (+32.6% per year).

In value terms, the largest alkali metals suppliers to Kuwait were Saudi Arabia ($X), Sweden ($X) and India ($X), with a combined 79% share of total imports.

Sweden, with a CAGR of +36.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average alkali metals import price stood at $X per ton in 2021, remaining constant against the previous year. In general, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, alkali metals import price decreased by -8.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 83% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+30.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in the world?

The countries with the highest volumes of alkali metals consumption in 2020 were China, Malaysia and Germany, with a combined 38% share of global consumption. These countries were followed by the United States, India, Japan, Australia, Russia, Indonesia and Palestine, which together accounted for a further 28%.

What are the largest producers of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in the world?

China remains the largest alkali metals producing country worldwide, accounting for 54% of total volume. Moreover, alkali metals production in China exceeded the figures recorded by the second-largest producer, Australia, more than tenfold. The third position in this ranking was occupied by Russia, with a 3.7% share.

What are the leading suppliers of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury to Kuwait?

In value terms, Saudi Arabia, India and the UK appeared to be the largest alkali metals suppliers to Kuwait, with a combined 81% share of total imports. The United Arab Emirates, China and Germany lagged somewhat behind, together accounting for a further 12%.

What are the leading importers of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury from Kuwait?

In value terms, Saudi Arabia remains the key foreign market for alkali metals exports from Kuwait.

What is the average export price for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in Kuwait?

In 2019, the average alkali metals export price amounted to $2,173 per ton, with a decrease of -54.1% against the previous year.

What is the average import price for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in Kuwait?

In 2020, the average alkali metals import price amounted to $4,213 per ton, which is down by -63.3% against the previous year.

This report provides an in-depth analysis of the alkali metals market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20132300 - Alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury

Country coverage:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023