Kuwait: Chlorine Market 2024

Chlorine Market Size in Kuwait

In 2022, the Kuwaiti chlorine market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Chlorine Production in Kuwait

In value terms, chlorine production rose remarkably to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X%. Chlorine production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Chlorine Exports

Exports from Kuwait

In 2022, approx. X tons of chlorine were exported from Kuwait; rising by X% against the year before. Over the period under review, exports continue to indicate a tangible increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chlorine exports expanded significantly to $X in 2022. In general, exports showed a notable increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for chlorine exports from Kuwait, with a X% share of total exports. Moreover, chlorine exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sixfold. The third position in this ranking was held by Iraq (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Iraq (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for chlorine exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Lebanon, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Lebanon (X% per year).

Export Prices by Country

In 2022, the average chlorine export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorine Imports

Imports into Kuwait

In 2022, imports of chlorine into Kuwait fell significantly to X tons, waning by X% compared with the previous year's figure. In general, imports recorded a pronounced decrease. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, chlorine imports declined markedly to $X in 2022. Overall, imports, however, continue to indicate moderate growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons), India (X tons) and the United Arab Emirates (X kg) were the main suppliers of chlorine imports to Kuwait, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest chlorine suppliers to Kuwait were India ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), with a combined X% share of total imports.

Saudi Arabia, with a CAGR of X%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average chlorine import price amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, recorded a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Saudi Arabia ($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 United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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