Report Update Nov 1, 2024

Kuwait - Aluminium Hydroxide - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Aluminium Hydroxide Market 2024

Aluminium Hydroxide Market Size in Kuwait

The Kuwaiti aluminium hydroxide market reached $X in 2022, growing by 3.9% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.5% against 2020 indices. Aluminium hydroxide consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Aluminium Hydroxide Production in Kuwait

In value terms, aluminium hydroxide production rose slightly to $X in 2022 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.8% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 18%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Aluminium Hydroxide Exports

Exports from Kuwait

In 2021, the amount of aluminium hydroxide exported from Kuwait fell remarkably to X tons, declining by -22.3% compared with 2020 figures. In general, exports continue to indicate a dramatic decline. The exports peaked at X tons in 2020, and then contracted remarkably in the following year.

In value terms, aluminium hydroxide exports shrank significantly to $X in 2021. Overall, exports continue to indicate a sharp reduction. The exports peaked at $X in 2020, and then dropped dramatically in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for aluminium hydroxide exports from Kuwait, with a approx. 100% share of total exports.

From 2020 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for aluminium hydroxide exports from Kuwait.

From 2020 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2021, the average aluminium hydroxide export price amounted to $X per ton, remaining stable against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2020 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Aluminium Hydroxide Imports

Imports into Kuwait

In 2022, imports of aluminium hydroxide into Kuwait fell significantly to X tons, shrinking by -16% on 2021 figures. Over the period under review, imports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 451%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, aluminium hydroxide imports reduced to $X in 2022. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 843%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of aluminium hydroxide to Kuwait, with a 58% share of total imports. Moreover, aluminium hydroxide imports from the United States exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), sevenfold. Germany (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (-17.9% per year) and Germany (-13.3% per year).

In value terms, the United States ($X) constituted the largest supplier of aluminium hydroxide to Kuwait, comprising 60% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by Belgium, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.5% per year) and Belgium (-9.4% per year).

Import Prices by Country

The average aluminium hydroxide import price stood at $X per ton in 2022, growing by 7% against the previous year. Overall, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 71%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium hydroxide in the world?

China constituted the country with the largest volume of aluminium hydroxide consumption, accounting for 15% of total volume. Moreover, aluminium hydroxide consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 3.9% share.

What are the largest producers of aluminium hydroxide in the world?

China remains the largest aluminium hydroxide producing country worldwide, accounting for 15% of total volume. Moreover, aluminium hydroxide production in China exceeded the figures recorded by the second-largest producer, India, threefold. Brazil ranked third in terms of total production with a 5.1% share.

What are the leading suppliers of aluminium hydroxide to Kuwait?

In value terms, the largest aluminium hydroxide suppliers to Kuwait were Germany, the United States and Belgium, together accounting for 79% of total imports. These countries were followed by China and Slovenia, which together accounted for a further 20%.

What is the average export price for aluminium hydroxide in Kuwait?

The average aluminium hydroxide export price stood at $2,193 per ton in 2020, remaining relatively unchanged against the previous year.

What is the average import price for aluminium hydroxide in Kuwait?

The average aluminium hydroxide import price stood at $1,652 per ton in 2021, picking up by 4.6% against the previous year.

This report provides an in-depth analysis of the aluminium hydroxide 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 20132570 - Aluminium hydroxide

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