# Kuwait Petroleum gases and other gaseous hydrocarbons: liquefied, butanes price positioning (HS 271113)

Canonical: https://www.yugalinks.com/trade/price-exporter/kwt/271113
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Kuwait has a median reported export price of $578.9/t across 14 markets. Across the reported period, the highest observed price is $1.0K/t in Thailand; the lowest is $378.3/t in Sri Lanka.

## Summary

- Price spread: 108.1%
- Total trade value: $5.7B
- Average quantity: 232,645 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 | $637.8/t | -13.6% | -17.9% | +17.2% | $3.4B | 5 | Mid |
| China | 2023 | $609.2/t | -0.8% | -18.6% | +20.8% | $1.0B | 5 | Mid |
| Republic of Korea | 2017 | $492.4/t | -3.5% | Not reported | +0% | $73.8M | 1 | Mid |
| Indonesia | 2023 | $636.1/t | +0% | -9.3% | +36.9% | $246.3M | 5 | Mid |
| Thailand | 2023 | $725.3/t | -5% | -27.8% | +31.8% | $80.8M | 3 | Mid |
| Japan | 2023 | $671.6/t | +0% | -22.2% | +30.7% | $406.8M | 5 | Mid |
| Philippines | 2023 | $595.3/t | -14.3% | -24.1% | +29.7% | $148.8M | 4 | Mid |
| Viet Nam | 2023 | $688.3/t | +0% | +0.7% | +66.9% | $138.3M | 3 | Mid |
| Sri Lanka | 2020 | $378.3/t | -23.9% | -4% | -4% | $19.4M | 2 | Mid |
| Singapore | 2023 | $647.2/t | -58.1% | Not reported | +0% | $14.5M | 1 | Below |
| Malaysia | 2023 | $578.9/t | -52.2% | -14% | -14% | $37.5M | 2 | Below |
| Other Asia, nes | 2020 | $402.7/t | -8.5% | -12.1% | -36.6% | $29.8M | 3 | Mid |
| Saudi Arabia | 2023 | $688.3/t | -3.6% | +6.7% | +6.7% | $23.1M | 2 | Mid |
| Zimbabwe | 2022 | $807.6/t | -16.1% | Not reported | +0% | $21.2K | 1 | Mid |

## Price history

- India: 2017 $544.0/t, 2019 $483.1/t, 2020 $460.5/t, 2022 $776.6/t, 2023 $637.8/t
- China: 2017 $504.2/t, 2019 $495.6/t, 2020 $450.5/t, 2022 $748.4/t, 2023 $609.2/t
- Republic of Korea: 2017 $492.4/t
- Indonesia: 2017 $464.7/t, 2019 $393.1/t, 2020 $469.1/t, 2022 $701.1/t, 2023 $636.1/t
- Thailand: 2017 $550.5/t, 2022 $1.0K/t, 2023 $725.3/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $515.5/t | Not reported | $872.0M | 7 |
| 2019 | $478.7/t | -7.1% | $986.1M | 8 |
| 2020 | $453.7/t | -5.2% | $773.9M | 7 |
| 2022 | $772.3/t | +70.2% | $1.6B | 10 |
| 2023 | $637.4/t | -17.5% | $1.5B | 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; 42 reported market-year observations.

## FAQ

### What does Kuwait price positioning show for HS 271113?

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, butanes 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": "271113",
  "summary": {
    "num_markets": 14,
    "highest_price_importer_iso3": "THA",
    "highest_price_usd_per_ton": 1004.00062011765,
    "lowest_price_importer_iso3": "LKA",
    "lowest_price_usd_per_ton": 378.2935180263281,
    "median_price_across_markets": 578.9031817051952,
    "price_spread_pct": 108.08493058342897,
    "avg_quantity_metric_tons": 232645.42954761907,
    "total_trade_value_usd": 5652897302
  },
  "marketRows": [
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      "year": 2023,
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      "price_vs_median_pct": -13.587191318163372,
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    {
      "year": 2023,
      "exporter_iso3": "KWT",
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    {
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  ],
  "annualRows": [
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      "year": 2017,
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}