# Kuwait Alcohols: acyclic, diols: ethylene glycol (ethanediol) price positioning (HS 290531)

Canonical: https://www.yugalinks.com/trade/price-exporter/kwt/290531
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Kuwait has a median reported export price of $832.0/t across 47 markets. Across the reported period, the highest observed price is $76.4K/t in Republic of Korea; the lowest is $284.9/t in China.

## Summary

- Price spread: 9,148.9%
- Total trade value: $4.0B
- Average quantity: 61,544 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 | $511.8/t | -57.7% | -15.6% | -37.3% | $1.6B | 5 | Below |
| China | 2023 | $574.2/t | -33.2% | -9.8% | -7.1% | $855.1M | 5 | Below |
| Pakistan | 2023 | $532.1/t | -31.2% | -26.6% | -66.9% | $464.0M | 5 | Below |
| Oman | 2023 | $623.7/t | -4.1% | -24% | -13.7% | $508.6M | 5 | Mid |
| Viet Nam | 2023 | $650.6/t | -0% | -48.4% | -48.4% | $29.0M | 2 | Mid |
| Other Asia, nes | 2023 | $536.0/t | -37.7% | -36.8% | -36.8% | $10.2M | 2 | Below |
| Qatar | 2023 | $1.3K/t | +35.3% | +58% | +27.4% | $79.0M | 5 | Above |
| Egypt | 2023 | $650.6/t | -30.9% | -45.8% | -45.8% | $64.9M | 2 | Below |
| United Arab Emirates | 2023 | $424.5/t | -93% | -41.9% | -38.4% | $23.5M | 4 | Below |
| Belgium | 2023 | $657.6/t | -51.3% | -27.1% | -10.6% | $43.6M | 5 | Below |
| Netherlands | 2020 | $469.7/t | -82.5% | +17.3% | +17.3% | $7.3M | 2 | Below |
| Malaysia | 2023 | $537.3/t | -56.4% | Not reported | +0% | $3.2M | 1 | Below |
| Turkey | 2023 | $474.6/t | -63.7% | -18.1% | -44.6% | $301.7M | 5 | Below |
| Saudi Arabia | 2023 | $650.6/t | -5.5% | Not reported | +0% | $2.1M | 1 | Mid |
| Germany | 2022 | $835.2/t | -22.5% | Not reported | +0% | $1.6M | 1 | Mid |
| Republic of Korea | 2023 | $70.2K/t | +1,152.9% | -8.2% | -8.2% | $11.2K | 2 | Above |

## Price history

- India: 2017 $815.8/t, 2019 $566.1/t, 2020 $446.7/t, 2022 $606.5/t, 2023 $511.8/t
- China: 2017 $618.0/t, 2019 $455.6/t, 2020 $284.9/t, 2022 $636.8/t, 2023 $574.2/t
- Pakistan: 2017 $1.6K/t, 2019 $884.0/t, 2020 $669.1/t, 2022 $724.7/t, 2023 $532.1/t
- Oman: 2017 $722.4/t, 2019 $560.9/t, 2020 $503.4/t, 2022 $821.1/t, 2023 $623.7/t
- Viet Nam: 2022 $1.3K/t, 2023 $650.6/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $796.0/t | Not reported | $1.0B | 12 |
| 2019 | $557.7/t | -29.9% | $833.8M | 20 |
| 2020 | $403.5/t | -27.6% | $498.5M | 22 |
| 2022 | $663.6/t | +64.4% | $921.1M | 28 |
| 2023 | $543.1/t | -18.2% | $719.4M | 27 |

## 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; 47 importer markets; 109 reported market-year observations.

## FAQ

### What does Kuwait price positioning show for HS 290531?

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 Alcohols: acyclic, diols: ethylene glycol (ethanediol) 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": "290531",
  "summary": {
    "num_markets": 47,
    "highest_price_importer_iso3": "KOR",
    "highest_price_usd_per_ton": 76400,
    "lowest_price_importer_iso3": "CHN",
    "lowest_price_usd_per_ton": 284.9211473796367,
    "median_price_across_markets": 831.9565217391305,
    "price_spread_pct": 9148.925077660142,
    "avg_quantity_metric_tons": 61543.64560550458,
    "total_trade_value_usd": 3979924547
  },
  "marketRows": [
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  "trendRows": [
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      "values": [
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