Report Update Nov 1, 2024

Kuwait - Halogenated Derivatives of Aromatic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Aromatic Hydrocarbons Derivatives Market 2024

Aromatic Hydrocarbons Derivatives Market Size in Kuwait

The Kuwaiti aromatic hydrocarbons derivatives market declined dramatically to $X in 2021, falling by -47.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a significant curtailment. Aromatic hydrocarbons derivatives consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Aromatic Hydrocarbons Derivatives Exports

Exports from Kuwait

In 2015, approx. X tons of halogenated derivatives of aromatic hydrocarbons were exported from Kuwait; standing approx. at 2014. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2015 and are likely to continue growth in the near future.

In value terms, aromatic hydrocarbons derivatives exports stood at $X in 2015. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2015 and are expected to retain growth in years to come.

Exports by Country

Saudi Arabia (X tons) was the main destination for aromatic hydrocarbons derivatives exports from Kuwait, with a approx. 100% share of total exports.

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

From 2015 to 2015, the average annual growth rate of value to Saudi Arabia was relatively modest.

Aromatic Hydrocarbons Derivatives Imports

Imports into Kuwait

Aromatic hydrocarbons derivatives imports into Kuwait declined dramatically to X tons in 2021, with a decrease of -30.1% against 2020. In general, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2018 with an increase of 197%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, aromatic hydrocarbons derivatives imports shrank markedly to $X in 2021. Overall, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 426% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons) and India (X tons) were the main suppliers of aromatic hydrocarbons derivatives imports to Kuwait.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of -15.8%).

In value terms, China ($X) constituted the largest supplier of halogenated derivatives of aromatic hydrocarbons to Kuwait, comprising 66% of total imports. The second position in the ranking was taken by India ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -28.5%.

Import Prices by Country

In 2021, the average aromatic hydrocarbons derivatives import price amounted to $X per ton, declining by -47.1% against the previous year. Over the period under review, the import price saw a drastic downturn. The growth pace was the most rapid in 2018 an increase of 77%. As a result, import price attained the peak level of $X per ton. From 2019 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 China ($X per ton), while the price for India amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-3.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for halogenated derivatives of aromatic hydrocarbons in the world?

China remains the largest aromatic hydrocarbons derivatives consuming country worldwide, accounting for 28% of total volume. Moreover, aromatic hydrocarbons derivatives consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Japan ranked third in terms of total consumption with an 8.1% share.

What are the largest producers of halogenated derivatives of aromatic hydrocarbons in the world?

China constituted the country with the largest volume of aromatic hydrocarbons derivatives production, accounting for 41% of total volume. Moreover, aromatic hydrocarbons derivatives production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. India ranked third in terms of total production with a 13% share.

What are the leading suppliers of halogenated derivatives of aromatic hydrocarbons to Kuwait?

In value terms, the largest aromatic hydrocarbons derivatives suppliers to Kuwait were China, the United States and India, with a combined 98% share of total imports.

What is the average export price for halogenated derivatives of aromatic hydrocarbons in Kuwait?

In 2015, the average aromatic hydrocarbons derivatives export price amounted to $4,149 per ton, almost unchanged from the previous year.

What is the average import price for halogenated derivatives of aromatic hydrocarbons in Kuwait?

The average aromatic hydrocarbons derivatives import price stood at $8,127 per ton in 2021, growing by 11% against the previous year.

This report provides an in-depth analysis of the aromatic hydrocarbons derivatives 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 20141970 - Halogenated derivatives of aromatic hydrocarbons

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