Report Update May 1, 2024

Kuwait - Phosphates of Mono- or Di-Sodium - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Sodium Phosphates Market 2024

Sodium Phosphates Market Size in Kuwait

The Kuwaiti sodium phosphates market surged to $X in 2022, with an increase of X% against the previous year. Overall, consumption saw a significant increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Sodium Phosphates Production in Kuwait

In value terms, sodium phosphates production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production showed a notable increase. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Sodium Phosphates Exports

Exports from Kuwait

In 2022, shipments abroad of phosphates of mono- or di-sodium was finally on the rise to reach X kg after three years of decline. Overall, exports, however, faced a sharp slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sodium phosphates exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Qatar (X kg) was the main destination for sodium phosphates exports from Kuwait, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar stood at X%.

In value terms, Qatar ($X) also remains the key foreign market for phosphates of mono- or di-sodium exports from Kuwait.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar totaled X%.

Export Prices by Country

The average sodium phosphates export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 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 shrank in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Yemen amounted to X% per year.

Sodium Phosphates Imports

Imports into Kuwait

In 2022, approx. X tons of phosphates of mono- or di-sodium were imported into Kuwait; picking up by X% compared with the year before. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sodium phosphates imports surged to $X in 2022. Over the period under review, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and Germany (X tons) were the main suppliers of sodium phosphates imports to Kuwait, together accounting for X% of total imports.

From 2013 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, India ($X) constituted the largest supplier of phosphates of mono- or di-sodium to Kuwait, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

The average sodium phosphates import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price posted a temperate increase. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (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 phosphates of mono- or di-sodium in the world?

The country with the largest volume of sodium phosphates consumption was Spain, comprising approx. 30% of total volume. Moreover, sodium phosphates consumption in Spain exceeded the figures recorded by the second-largest consumer, Sweden, threefold. The United States ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of phosphates of mono- or di-sodium in the world?

The countries with the highest volumes of production in 2022 were Spain, China and Sweden, with a combined 72% share of global production. Germany, France, Israel and South Africa lagged somewhat behind, together comprising a further 21%.

What are the leading suppliers of phosphates of mono- or di-sodium to Kuwait?

In value terms, India constituted the largest supplier of phosphates of mono- or di-sodium to Kuwait, comprising 73% of total imports. The second position in the ranking was taken by Germany, with a 20% share of total imports.

What are the leading importers of phosphates of mono- or di-sodium from Kuwait?

In value terms, Qatar remains the key foreign market for phosphates of mono- or di-sodium exports from Kuwait.

What is the average export price for phosphates of mono- or di-sodium in Kuwait?

The average sodium phosphates export price stood at $3,216 per ton in 2022, dropping by -11.9% against the previous year.

What is the average import price for phosphates of mono- or di-sodium in Kuwait?

In 2022, the average sodium phosphates import price amounted to $2,122 per ton, picking up by 32% against the previous year.

This report provides an in-depth analysis of the sodium phosphates 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 20134230 - Phosphates of mono- or di-sodium

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