Report Update Nov 1, 2024

Kuwait - Benzoyl Peroxide and Benzoyl Chloride - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Kuwait

The Kuwaiti benzoyl peroxide and chloride market shrank notably to $X in 2022, waning by -28.1% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Benzoyl Peroxide And Benzoyl Chloride in Kuwait

In value terms, benzoyl peroxide and chloride production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a sharp decrease. The most prominent rate of growth was recorded in 2020 when the production volume decreased by 99.9%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Kuwait

After two years of decline, overseas shipments of benzoyl peroxide and benzoyl chloride decreased by 0% to X kg in 2015. In general, exports faced a sharp descent. The smallest decline of 99.9% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2015, the exports failed to regain momentum.

In value terms, benzoyl peroxide and chloride exports totaled $X in 2015. Overall, exports saw a sharp decline. The smallest decline of 99.9% was in 2013. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2015, the exports failed to regain momentum.

Exports by Country

Bahrain (X kg) was the main destination for benzoyl peroxide and chloride exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2012 to 2015, the average annual rate of growth in terms of volume to Bahrain was relatively modest.

From 2012 to 2015, the average annual growth rate of value to Bahrain was relatively modest.

Export Prices by Country

In 2015, the average benzoyl peroxide and chloride export price amounted to $X per ton, remaining stable against the previous year. In general, the export price posted a significant increase. The pace of growth appeared the most rapid in 2013 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2015 and is likely to see steady growth in the near future.

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

From 2012 to 2015, the rate of growth in terms of prices for Bahrain amounted to 0.0% per year.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Kuwait

After two years of growth, supplies from abroad of benzoyl peroxide and benzoyl chloride decreased by -31% to X tons in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 408%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, benzoyl peroxide and chloride imports fell sharply to $X in 2022. In general, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 when imports increased by 550% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X kg) constituted the largest supplier of benzoyl peroxide and chloride to Kuwait, with a 51% share of total imports. Moreover, benzoyl peroxide and chloride imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Germany (X kg), fivefold. The Netherlands (X kg) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +96.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+68.4% per year) and the Netherlands (+64.4% per year).

In value terms, the United Arab Emirates ($X), Italy ($X) and Germany ($X) appeared to be the largest benzoyl peroxide and chloride suppliers to Kuwait, with a combined 44% share of total imports. The Netherlands, Poland and Belgium lagged somewhat behind, together accounting for a further 24%.

The Netherlands, with a CAGR of +95.6%, recorded 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 benzoyl peroxide and chloride import price stood at $X per ton in 2022, rising by 9.9% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 79% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 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 Italy ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.0%), 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 benzoyl peroxide and benzoyl chloride in the world?

The countries with the highest volumes of benzoyl peroxide and chloride consumption in 2021 were the United States, China and Germany, with a combined 37% share of global consumption. These countries were followed by South Korea, Turkey, the UK, Japan, Taiwan Chinese), Mexico, the Netherlands, Brazil, Canada and France, which together accounted for a further 39%.

What are the largest producers of benzoyl peroxide and benzoyl chloride in the world?

Germany remains the largest benzoyl peroxide and chloride producing country worldwide, comprising approx. 54% of total volume. Moreover, benzoyl peroxide and chloride production in Germany exceeded the figures recorded by the second-largest producer, China, twofold. Belgium ranked third in terms of total production with an 11% share.

What are the leading suppliers of benzoyl peroxide and benzoyl chloride to Kuwait?

In value terms, China constituted the largest supplier of benzoyl peroxide and chloride to Kuwait, comprising 48% of total imports. The second position in the ranking was occupied by Germany, with a 23% share of total imports. It was followed by Italy, with a 15% share.

What is the average export price for benzoyl peroxide and benzoyl chloride in Kuwait?

In 2015, the average benzoyl peroxide and chloride export price amounted to $7,969 per ton, remaining relatively unchanged against the previous year.

What is the average import price for benzoyl peroxide and benzoyl chloride in Kuwait?

In 2021, the average benzoyl peroxide and chloride import price amounted to $5,541 per ton, dropping by -70.6% against the previous year.

This report provides an in-depth analysis of the market for benzoyl peroxide and chloride 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 20143365 - Benzoyl peroxide and benzoyl chloride

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