Price for Citrus Fruits Not Elsewhere Classified in Kuwait - 2021
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Kuwait (CIF) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in Kuwait (FOB) - 2022
- Imports of Citrus Fruits Not Elsewhere Classified in Kuwait
- Exports of Citrus Fruits Not Elsewhere Classified in Kuwait
Price for Citrus Fruits Not Elsewhere Classified in Kuwait (CIF) - 2022
In 2022, the average import price for citrus fruits not elsewhere classified amounted to $875 per ton, picking up by 2.7% against the previous year. Over the period under review, the import price, however, saw a slight setback. The growth pace was the most rapid in 2019 when the average import price increased by 25% against the previous year. The import price peaked at $1,004 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,953 per ton), while the price for South Africa ($362 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Citrus Fruits Not Elsewhere Classified in Kuwait (FOB) - 2022
The average export price for citrus fruits not elsewhere classified stood at $1,369 per ton in 2022, dropping by -5.1% against the previous year. Over the period under review, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 197%. The export price peaked at $2,108 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
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 Qatar amounted to +12.9% per year.
Imports of Citrus Fruits Not Elsewhere Classified in Kuwait
In 2022, the amount of citrus fruits not elsewhere classified imported into Kuwait surged to 1.5K tons, jumping by 35% against 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 49% against the previous year. As a result, imports reached the peak of 1.9K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, citrus fruits not elsewhere classified imports skyrocketed to $1.3M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Citrus Fruits Not Elsewhere Classified in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 708 | 978 | 433 | 526 | -9.4% |
| Lebanon | 6.5 | 9.8 | 13.9 | 104 | 152.0% |
| Italy | 27.4 | 63.4 | 65.6 | 95.2 | 51.5% |
| United Arab Emirates | 19.7 | 90.4 | 81.2 | 83.4 | 61.8% |
| South Africa | 180 | 148 | 98.4 | 76.8 | -24.7% |
| Spain | 28.2 | 98.4 | 9.8 | 57.1 | 26.5% |
| Ecuador | 22.2 | 73.7 | 35.4 | 54.8 | 35.1% |
| Turkey | 26.1 | 41.4 | 35.9 | 46.3 | 21.1% |
| Egypt | 40.2 | 59.6 | 36.0 | 43.8 | 2.9% |
| Sri Lanka | 11.8 | 14.5 | 3.6 | 20.2 | 19.6% |
| Others | 62.9 | 128 | 153 | 227 | 53.4% |
| Total | 1,133 | 1,705 | 966 | 1,335 | 5.6% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Kuwait in 2022:
- Saudi Arabia (618.5 tons)
- Lebanon (222.7 tons)
- South Africa (212.4 tons)
- United Arab Emirates (77.3 tons)
- Egypt (55.7 tons)
- Ecuador (55.3 tons)
- Spain (51.4 tons)
- Italy (48.7 tons)
- Turkey (31.6 tons)
- Sri Lanka (22.6 tons)
Exports of Citrus Fruits Not Elsewhere Classified in Kuwait
Citrus fruits not elsewhere classified exports from Kuwait skyrocketed to 4.3 tons in 2022, with an increase of 641% against the previous year. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,097% against the previous year. As a result, the exports reached the peak of 8 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, citrus fruits not elsewhere classified exports skyrocketed to $5.8K in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,796% against the previous year. As a result, the exports reached the peak of $11K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Citrus Fruits Not Elsewhere Classified in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 0.5 | 10.8 | 0.8 | 5.8 | 126.4% |
| Oman | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.6 | 10.8 | 0.8 | 5.8 | 113.0% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Kuwait in 2022:
- Qatar (4.3 tons)
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