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Kuwait - Phosphate Rock - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Phosphate Rock Market 2022

Phosphate Rock Market Size in Kuwait

The Kuwaiti phosphate rock market was estimated at $X in 2020, rising by X% against the previous year. Over the period under review, consumption showed a prominent expansion. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2020 and is likely to see gradual growth in years to come.

Phosphate Rock Production in Kuwait

In value terms, phosphate rock production amounted to $X in 2020 estimated in export prices. Over the period under review, production posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Phosphate rock production peaked in 2020 and is expected to retain growth in the near future.

Phosphate Rock Exports

Exports from Kuwait

In 2020, phosphate rock exports from Kuwait fell sharply to X tons, waning by -X% compared with the previous year. Overall, exports saw a dramatic descent. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, exports reached the peak of X tons. from 2012 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, phosphate rock exports skyrocketed to $X in 2020. Over the period under review, exports showed a sharp contraction. Exports peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for phosphate rock exports from Kuwait, accounting for a X% share of total exports. Moreover, phosphate rock exports to Saudi Arabia exceeded the volume sent to the second major destination, Jordan (X tons), twofold.

From 2007 to 2020, the average annual growth rate of volume to Saudi Arabia was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Saudi Arabia was relatively modest.

Export Prices by Country

The average phosphate rock export price stood at $X per ton in 2020, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Jordan stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Jordan.

Phosphate Rock Imports

Imports into Kuwait

For the fourth consecutive year, Kuwait recorded growth in overseas purchases of phosphate rock, which increased by X% to X tons in 2020. In general, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, phosphate rock imports surged to $X in 2020. Overall, imports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Lebanon (X tons) constituted the largest phosphate rock supplier to Kuwait, accounting for a X% share of total imports. Moreover, phosphate rock imports from Lebanon exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold.

From 2007 to 2020, the average annual growth rate of volume from Lebanon was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and the United States (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Lebanon was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and the United States (-X% per year).

Import Prices by Country

In 2020, the average phosphate rock import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price posted a temperate increase. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. As a result, import price attained the peak level of $X per ton. from 2015 to 2020, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the phosphate rock 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 2025.

Product coverage:

Prodcom 08911100 - Natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk

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