Report Update Nov 1, 2024

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

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Kuwait: Pyrites Market 2024

Pyrites Market Size in Kuwait

In 2022, the Kuwaiti pyrites market increased by 2.9% to $X, rising for the sixth consecutive year after four years of decline. Overall, consumption, however, showed a deep downturn. Pyrites consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Pyrites Production in Kuwait

In value terms, pyrites production rose slightly to $X in 2022 estimated in export price. Over the period under review, production posted a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of 29% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Pyrites Exports

Exports from Kuwait

Pyrites exports from Kuwait stood at X tons in 2022, remaining stable against 2021. Overall, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2017 when exports increased by 354%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, pyrites exports rose to $X in 2022. In general, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 1,191% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bahrain (X tons) was the main destination for pyrites exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bahrain amounted to -9.5%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain amounted to +12.2%.

Export Prices by Country

The average pyrites export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price saw significant growth. The most prominent rate of growth was recorded in 2017 an increase of 184%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +24.0% per year.

Pyrites Imports

Imports into Kuwait

In 2022, the amount of pyrites imported into Kuwait reached X tons, almost unchanged from 2021. Over the period under review, imports, however, faced a sharp contraction. The most prominent rate of growth was recorded in 2019 with an increase of 6.2% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, pyrites imports stood at $X in 2022. Overall, imports, however, showed a significant decline. The pace of growth appeared the most rapid in 2019 with an increase of 11% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) was the main supplier of pyrites to Kuwait, accounting for a 99.9% share of total imports. It was followed by Iran (X kg), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India totaled -60.7%.

In value terms, India ($X) constituted the largest supplier of pyrites to Kuwait, comprising 100% of total imports. The second position in the ranking was taken by Iran ($X), with a 0.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled -61.0%.

Import Prices by Country

The average pyrites import price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 4.2% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+19.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrites in the world?

China constituted the country with the largest volume of pyrites consumption, accounting for 33% of total volume. Moreover, pyrites consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Japan ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of pyrites in the world?

China remains the largest pyrites producing country worldwide, accounting for 30% of total volume. Moreover, pyrites production in China exceeded the figures recorded by the second-largest producer, India, twofold. Japan ranked third in terms of total production with a 7.9% share.

What are the leading suppliers of pyrites to Kuwait?

In value terms, India $907) constituted the largest supplier of pyrites to Kuwait.

What are the leading importers of pyrites from Kuwait?

In value terms, Bahrain remains the key foreign market for pyrites exports from Kuwait.

What is the average export price for pyrites in Kuwait?

The average pyrites export price stood at $2,624 per ton in 2021, which is down by -2.5% against the previous year.

What is the average import price for pyrites in Kuwait?

The average pyrites import price stood at $415 per ton in 2021, remaining constant against the previous year.

This report provides an in-depth analysis of the pyrites 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:

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