Clementines Price in Kuwait - 2021
Contents:
- Clementines Price in Kuwait (CIF) - 2021
- Clementines Price in Kuwait (FOB) - 2022
- Clementines Imports in Kuwait
- Clementines Exports in Kuwait
Clementines Price in Kuwait (CIF) - 2021
The average clementines import price stood at $761 per ton in December 2021, picking up by 21% against the previous month. Over the period under review, the import price continues to indicate measured growth. The pace of growth was the most pronounced in September 2021 an increase of 33% month-to-month. Over the period under review, average import prices reached the maximum at $1,338 per ton in October 2021; however, from November 2021 to December 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Tunisia ($6,350 per ton), while the price for Syrian Arab Republic ($359 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Clementines Price in Kuwait (FOB) - 2022
The average clementines export price stood at $346 per ton in 2022, picking up by 13% against the previous year. Overall, the export price posted a measured increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 73% against the previous year. The export price peaked at $449 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Iraq.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +4.0% per year.
Clementines Imports in Kuwait
In 2022, purchases abroad of fruit, edible decreased by -6.9% to 9.2K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 286% against the previous year. As a result, imports reached the peak of 15K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, clementines imports surged to $8.9M in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 328% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Clementines in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 0.9 | 9.3 | 3.7 | 6.0 | 88.2% |
| Syrian Arab Republic | 0.7 | 0.8 | 1.0 | 1.3 | 22.9% |
| Tunisia | 0.4 | 0.2 | 0.4 | 0.2 | -20.6% |
| Turkey | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Egypt | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Jordan | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.6 | 0.6 | 1.3 | 1.0 | 18.6% |
| Total | 2.6 | 11.1 | 6.6 | 8.9 | 50.7% |
Top Suppliers of Clementines to Kuwait in 2022:
- Lebanon (5.4K tons)
- Syrian Arab Republic (2.6K tons)
- Turkey (0.2K tons)
- Jordan (0.2K tons)
- Egypt (0.1K tons)
- Tunisia (0.1K tons)
Clementines Exports in Kuwait
In 2022, shipments abroad of fruit, edible decreased by -45.3% to 72 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 448%. As a result, the exports attained the peak of 131 tons, and then declined dramatically in the following year.
In value terms, clementines exports contracted remarkably to $25K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 332%. As a result, the exports reached the peak of $40K, and then fell sharply in the following year.
| Export of Clementines in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 4.8 | 9.3 | 34.3 | 24.8 | 72.9% |
| Saudi Arabia | N/A | N/A | 4.2 | N/A | 0% |
| Bahrain | N/A | N/A | 1.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.8 | 9.3 | 40.3 | 24.8 | 72.9% |
Top Export Markets for Clementines from Kuwait in 2022:
- Iraq (71.8 tons)
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