Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Kuwait - 2022

Contents:

  1. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Kuwait (CIF) - 2022
  2. Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Kuwait

Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Kuwait (CIF) - 2022

The average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $10,818 per ton in 2022, which is down by -29% against the previous year. In general, the import price saw a drastic downturn. The growth pace was the most rapid in 2015 when the average import price increased by 16% against the previous year. The import price peaked at $22,260 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($23,798 per ton), while the price for France ($9,707 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+33.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Kuwait

In 2022, approx. 7.2 tons of molluscs; oysters, whether in shell or not, live, fresh or chilleds were imported into Kuwait; rising by 93% on 2021. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 293%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds skyrocketed to $78K in 2022. Over the period under review, imports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 301% against the previous year.

Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6.1N/AN/A40.487.8%
France5.76.611.722.959.0%
NetherlandsN/A2.825.613.5119.6%
Canada22.8N/AN/A0.4-74.0%
ChinaN/AN/A6.2N/A0%
India0.5N/A6.7N/A266.1%
United Arab Emirates49.33.22.1N/A-79.4%
Others1.51.64.70.9-15.7%
Total85.914.257.078.0-3.2%

Top Suppliers of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled to Kuwait in 2022:

  1. Turkey (4.2 tons)
  2. France (2.4 tons)
  3. Netherlands (0.6 tons)

Source: IndexBox Market Intelligence Platform

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