Report Update Nov 1, 2024

Kuwait - Paraformaldehyde - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Paraformaldehyde Market 2024

Paraformaldehyde Market Size in Kuwait

The Kuwaiti paraformaldehyde market expanded slightly to $X in 2022, growing by X% against the previous year. In general, consumption, however, saw a resilient expansion. Paraformaldehyde consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Paraformaldehyde Production in Kuwait

In value terms, paraformaldehyde production rose slightly to $X in 2022 estimated in export price. Overall, production posted resilient growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Paraformaldehyde production peaked at $X in 2020; afterwards, it flattened through to 2022.

Paraformaldehyde Exports

Exports from Kuwait

In 2022, overseas shipments of paraformaldehyde increased by X% to X tons, rising for the seventh year in a row after two years of decline. Over the period under review, exports, however, saw a abrupt setback. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, paraformaldehyde exports reached $X in 2022. Overall, exports, however, continue to indicate a deep reduction. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Pakistan (X tons) was the main destination for paraformaldehyde exports from Kuwait, with a approx. X% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Pakistan amounted to X%.

In value terms, Pakistan ($X) also remains the key foreign market for paraformaldehyde exports from Kuwait.

From 2013 to 2022, the average annual rate of growth in terms of value to Pakistan stood at X%.

Export Prices by Country

The average paraformaldehyde export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2014 a decrease of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then declined remarkably in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for Pakistan amounted to X% per year.

Paraformaldehyde Imports

Imports into Kuwait

Paraformaldehyde imports into Kuwait fell slightly to X tons in 2022, dropping by X% on the previous year's figure. Overall, imports saw a perceptible decrease. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, paraformaldehyde imports fell sharply to $X in 2022. In general, imports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) was the main supplier of paraformaldehyde to Kuwait, with a X% share of total imports. Moreover, paraformaldehyde imports from Spain exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and India (X% per year).

In value terms, Spain ($X) constituted the largest supplier of paraformaldehyde to Kuwait, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

In 2022, the average paraformaldehyde import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for paraformaldehyde in the world?

Taiwan Chinese) constituted the country with the largest volume of paraformaldehyde consumption, comprising approx. 23% of total volume. Moreover, paraformaldehyde consumption in Taiwan Chinese) exceeded the figures recorded by the second-largest consumer, South Korea, twofold. The third position in this ranking was occupied by the United States, with a 6.4% share.

What are the largest producers of paraformaldehyde in the world?

The countries with the highest volumes of paraformaldehyde production in 2020 were Taiwan Chinese), the Netherlands and the United States, together comprising 77% of global production. These countries were followed by Saudi Arabia, Germany and the United Arab Emirates, which together accounted for a further 21%.

What are the leading suppliers of paraformaldehyde to Kuwait?

In value terms, Spain constituted the largest supplier of paraformaldehyde to Kuwait, comprising 94% of total imports. The second position in the ranking was occupied by Saudi Arabia, with a 5.7% share of total imports.

What are the leading importers of paraformaldehyde from Kuwait?

In value terms, Saudi Arabia remains the key foreign market for paraformaldehyde exports from Kuwait.

What is the average export price for paraformaldehyde in Kuwait?

In 2014, the average paraformaldehyde export price amounted to $242 per ton, dropping by -3.7% against the previous year.

What is the average import price for paraformaldehyde in Kuwait?

The average paraformaldehyde import price stood at $563 per ton in 2020, which is down by -28.9% against the previous year.

This report provides an in-depth analysis of the paraformaldehyde 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 20146160 - Paraformaldehyde

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