# Kuwait Petroleum gases and other gaseous hydrocarbons: liquefied, propane price positioning (HS 271112)

Canonical: https://www.yugalinks.com/trade/price-exporter/kwt/271112
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Kuwait has a median reported export price of $533.4/t across 14 markets. Across the reported period, the highest observed price is $924.7/t in Thailand; the lowest is $68.0/t in Other Asia, nes.

## Summary

- Price spread: 160.6%
- Total trade value: $7.7B
- Average quantity: 278,747 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| India | 2023 | $627.8/t | -9.8% | -20.3% | +28% | $3.1B | 5 | Mid |
| China | 2023 | $624.1/t | +0% | -17.1% | +30.1% | $2.5B | 5 | Mid |
| Japan | 2023 | $635.2/t | +0.3% | -22.4% | +31.2% | $934.2M | 5 | Mid |
| Thailand | 2023 | $651.2/t | -10.6% | -29.6% | +18.3% | $216.3M | 5 | Mid |
| Viet Nam | 2023 | $560.7/t | -7.9% | -19.4% | +36.7% | $207.9M | 3 | Mid |
| Indonesia | 2023 | $635.6/t | +1.8% | -6.5% | +42.9% | $250.5M | 5 | Mid |
| Philippines | 2023 | $593.2/t | -5.7% | -24.4% | +26.2% | $153.5M | 4 | Mid |
| Other Asia, nes | 2023 | $592.4/t | -7.8% | +770.5% | +28.7% | $67.3M | 4 | Mid |
| Republic of Korea | 2023 | $735.4/t | +16.7% | -9.3% | +42% | $220.1M | 5 | Mid |
| Malaysia | 2023 | $564.5/t | -72% | -18.3% | -18.3% | $47.4M | 2 | Below |
| Singapore | 2020 | $518.5/t | -31.2% | +37.5% | +37.5% | $22.2M | 2 | Below |
| Sri Lanka | 2020 | $374.9/t | -14.4% | -2.4% | -2.4% | $12.5M | 2 | Mid |
| Saudi Arabia | 2022 | $657.2/t | -94.9% | Not reported | +0% | $7.9M | 1 | Below |
| United Arab Emirates | 2020 | $638.8/t | -71.8% | Not reported | +0% | $1.4M | 1 | Below |

## Price history

- India: 2017 $490.4/t, 2019 $477.0/t, 2020 $450.2/t, 2022 $787.3/t, 2023 $627.8/t
- China: 2017 $479.8/t, 2019 $502.3/t, 2020 $462.0/t, 2022 $752.9/t, 2023 $624.1/t
- Japan: 2017 $484.1/t, 2019 $538.5/t, 2020 $397.3/t, 2022 $818.4/t, 2023 $635.2/t
- Thailand: 2017 $550.5/t, 2019 $533.4/t, 2020 $560.0/t, 2022 $924.7/t, 2023 $651.2/t
- Viet Nam: 2019 $410.1/t, 2022 $695.3/t, 2023 $560.7/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $485.7/t | Not reported | $1.2B | 7 |
| 2019 | $487.8/t | +0.4% | $1.4B | 11 |
| 2020 | $432.5/t | -11.3% | $1.1B | 11 |
| 2022 | $779.6/t | +80.3% | $2.1B | 10 |
| 2023 | $624.2/t | -19.9% | $1.9B | 10 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 14 importer markets; 49 reported market-year observations.

## FAQ

### What does Kuwait price positioning show for HS 271112?

It compares Kuwait's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Petroleum gases and other gaseous hydrocarbons: liquefied, propane market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "KWT",
  "hs_code": "271112",
  "summary": {
    "num_markets": 14,
    "highest_price_importer_iso3": "THA",
    "highest_price_usd_per_ton": 924.6789346670447,
    "lowest_price_importer_iso3": "S19",
    "lowest_price_usd_per_ton": 68.04860603847091,
    "median_price_across_markets": 533.3818224030385,
    "price_spread_pct": 160.60358502080325,
    "avg_quantity_metric_tons": 278746.8838367347,
    "total_trade_value_usd": 7731288278
  },
  "marketRows": [
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      "price_vs_median_pct": -9.768472072669883,
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        {
          "year": 2023,
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