Report Update Nov 1, 2024

Kuwait - Other Aromatic Monoamines and Their Derivatives, Salts Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Aromatic Monoamines Market 2024

Aromatic Monoamines Market Size in Kuwait

The Kuwaiti aromatic monoamines market surged to $X in 2021, with an increase of 154% 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). In general, consumption saw mild growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Aromatic Monoamines Exports

Exports from Kuwait

In 2019, approx. X kg of other aromatic monoamines and their derivatives, salts thereof were exported from Kuwait; therefore, remained relatively stable against 2018. Overall, exports faced a significant decline. The smallest decline of 99.9% was in 2016. The exports peaked at X kg in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

In value terms, aromatic monoamines exports totaled $X in 2019. Over the period under review, exports faced a sharp decrease. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2013; however, from 2014 to 2019, the exports remained at a lower figure.

Exports by Country

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

From 2013 to 2019, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2013 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2019, the average aromatic monoamines export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price posted a resilient increase. The growth pace was the most rapid in 2016 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum in 2019 and is expected to retain growth in the near future.

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

From 2013 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Aromatic Monoamines Imports

Imports into Kuwait

In 2021, purchases abroad of other aromatic monoamines and their derivatives, salts thereof increased by 188% to X tons, rising for the second consecutive year after two years of decline. Overall, imports posted a temperate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, aromatic monoamines imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X tons), China (X tons) and Germany (X tons) were the main suppliers of aromatic monoamines imports to Kuwait, with a combined 78% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +50.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of other aromatic monoamines and their derivatives, salts thereof to Kuwait, comprising 75% of total imports. The second position in the ranking was taken by the UK ($X), with an 18% share of total imports. It was followed by the United States, with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+19.1% per year) and the United States (+11.2% per year).

Import Prices by Country

The average aromatic monoamines import price stood at $X per ton in 2021, dropping by -28% against the previous year. Over the period under review, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of 39%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for other aromatic monoamines and their derivatives, salts thereof in the world?

The countries with the highest volumes of aromatic monoamines consumption in 2020 were China, Germany and the United States, together comprising 41% of global consumption.

What are the largest producers of other aromatic monoamines and their derivatives, salts thereof in the world?

The countries with the highest volumes of aromatic monoamines production in 2020 were China, Germany and the United States, together comprising 72% of global production. Brazil, Russia, Italy and Japan lagged somewhat behind, together accounting for a further 9.2%.

What are the leading suppliers of other aromatic monoamines and their derivatives, salts thereof to Kuwait?

In value terms, the UK, India and Germany $85) were the largest aromatic monoamines suppliers to Kuwait.

What is the average export price for other aromatic monoamines and their derivatives, salts thereof in Kuwait?

In 2019, the average aromatic monoamines export price amounted to $90,500 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for other aromatic monoamines and their derivatives, salts thereof in Kuwait?

The average aromatic monoamines import price stood at $8,023 per ton in 2020, with an increase of 8.6% against the previous year.

This report provides an in-depth analysis of the aromatic monoamines 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 20144159 - Other aromatic monoamines and their derivatives, salts thereof

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