Kuwait: Market for Natural Calcium And Aluminium Phosphates 2022

Market Size for Natural Calcium And Aluminium Phosphates in Kuwait

In 2021, the Kuwaiti market for natural calcium and aluminium phosphates was finally on the rise to reach $X after two years of decline. In general, consumption recorded a buoyant expansion. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Natural Calcium And Aluminium Phosphates in Kuwait

In value terms, natural calcium and aluminium phosphates production stood at $X in 2021 estimated in export price. Overall, production, however, showed resilient growth. The growth pace was the most rapid in 2018 with an increase of 23%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Exports of Natural Calcium And Aluminium Phosphates

Exports from Kuwait

In 2020, the amount of natural calcium and aluminium phosphates exported from Kuwait soared to X tons, picking up by 366% on the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural calcium and aluminium phosphates exports surged to $X in 2020. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X tons) was the main destination for natural calcium and aluminium phosphates exports from Kuwait, with a 68% share of total exports. Moreover, natural calcium and aluminium phosphates exports to Saudi Arabia exceeded the volume sent to the second major destination, Jordan (X tons), twofold.

From 2019 to 2020, the average annual growth rate of volume to Saudi Arabia was relatively modest.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for natural calcium and aluminium phosphates exports from Kuwait, comprising 95% of total exports. The second position in the ranking was held by Jordan ($X), with a 4.6% share of total exports.

From 2019 to 2020, the average annual growth rate of value to Saudi Arabia was relatively modest.

Export Prices by Country

The average export price for natural calcium and aluminium phosphates stood at $X per ton in 2020, dropping by -1.7% against the previous year. Overall, the export price recorded a mild setback. Over the period under review, the average export prices reached the maximum at $X per ton in 2019, and then reduced in the following year.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Jordan totaled $X per ton.

From 2019 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Natural Calcium And Aluminium Phosphates

Imports into Kuwait

In 2021, after four years of growth, there was significant decline in overseas purchases of natural calcium and aluminium phosphates, when their volume decreased by -73.4% to X tons. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when imports increased by 204% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, natural calcium and aluminium phosphates imports shrank sharply to $X in 2021. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2013 when imports increased by 354% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Egypt (X tons) constituted the largest supplier of natural calcium and aluminium phosphates to Kuwait, accounting for a 71% share of total imports. Moreover, natural calcium and aluminium phosphates imports from Egypt exceeded the figures recorded by the second-largest supplier, Lebanon (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Egypt amounted to -16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (-88.1% per year) and the United States (+35.4% per year).

In value terms, the United States ($X), Egypt ($X) and Lebanon ($X) constituted the largest natural calcium and aluminium phosphates suppliers to Kuwait, together accounting for 91% of total imports.

The United States, with a CAGR of +42.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average import price for natural calcium and aluminium phosphates amounted to $X per ton, surging by 10% against the previous year. In general, the import price recorded a measured expansion. The pace of growth was the most pronounced in 2014 an increase of 264% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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