Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Kuwait - 2022

Contents:

1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Kuwait (CIF) - 2022
2. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Kuwait

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Kuwait (CIF) - 2022

In 2022, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $7,216 per ton, surging by 65% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The growth pace was the most rapid in 2017 an increase of 391%. As a result, import price attained the peak level of $16,866 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($10,995 per ton), while the price for India ($4,229 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced a decline.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Kuwait

In 2022, purchases abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -7.1% to 40 tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 4,680%. As a result, imports attained the peak of 124 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses skyrocketed to $292K in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 3,068% against the previous year. As a result, imports attained the peak of $856K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Kuwait in 2022:

1. India (22.2 tons)
2. China (16.1 tons)
3. South Korea (2.1 tons)

Source: IndexBox Market Intelligence Platform