Cyclic Hydrocarbons; M-Xylene Price in Kuwait - 2022
Contents:
- Cyclic Hydrocarbons; M-Xylene Price in Kuwait (CIF) - 2022
- Cyclic Hydrocarbons; M-Xylene Imports in Kuwait
Cyclic Hydrocarbons; M-Xylene Price in Kuwait (CIF) - 2022
The average cyclic hydrocarbons; m-xylene import price stood at $2,325 per ton in 2022, reducing by -2.4% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclic hydrocarbons; m-xylene import price decreased by -3.6% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. As a result, import price reached the peak level of $2,414 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,354 per ton), while the price for Japan stood at $2,313 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%).
Cyclic Hydrocarbons; M-Xylene Imports in Kuwait
After three years of growth, overseas purchases of cyclic hydrocarbons; m-xylenes decreased by -3.3% to 24 tons in 2022. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 7% against the previous year. As a result, imports reached the peak of 25 tons, and then shrank modestly in the following year.
In value terms, cyclic hydrocarbons; m-xylene imports fell to $55K in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13%.
| Import of Cyclic Hydrocarbons; M-Xylene in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 18.0 | 32.3 | 38.4 | 38.1 | 28.4% |
| Germany | 12.8 | 19.7 | 20.1 | 17.1 | 10.1% |
| United Kingdom | 8.1 | N/A | N/A | N/A | 0% |
| Others | 7.4 | N/A | N/A | N/A | 0% |
| Total | 46.2 | 52.0 | 58.5 | 55.2 | 6.1% |
Top Suppliers of Cyclic Hydrocarbons; M-Xylene to Kuwait in 2022:
- Japan (16.5 tons)
- Germany (7.3 tons)
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