Kuwait - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Freshwater Fish Price in Kuwait - 2021
Contents:
- Frozen Freshwater Fish Price in Kuwait (CIF) - 2021
- Frozen Freshwater Fish Price in Kuwait (FOB) - 2022
- Frozen Freshwater Fish Imports in Kuwait
- Frozen Freshwater Fish Exports in Kuwait
Frozen Freshwater Fish Price in Kuwait (CIF) - 2021
The average frozen freshwater fish import price stood at $1,876 per ton in December 2021, jumping by 32% against the previous month. In general, the import price, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in October 2021 an increase of 96% month-to-month. Over the period under review, average import prices attained the maximum at $2,761 per ton in January 2021; however, from February 2021 to December 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United Arab Emirates ($7,818 per ton), while the price for Egypt ($560 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 Thailand (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Freshwater Fish Price in Kuwait (FOB) - 2022
The average frozen freshwater fish export price stood at $1,444 per ton in 2022, picking up by 109% against the previous year. Over the period under review, the export price enjoyed a slight increase. The growth pace was the most rapid in 2014 when the average export price increased by 130% against the previous year. As a result, the export price reached the peak level of $2,848 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2013 to 2022, the rate of growth in terms of prices for Jordan amounted to +24.2% per year.
Frozen Freshwater Fish Imports in Kuwait
In 2022, after three years of growth, there was significant decline in purchases abroad of frozen freshwater fish, when their volume decreased by -16.5% to 11K tons. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 66%. As a result, imports reached the peak of 13K tons, and then reduced dramatically in the following year.
In value terms, frozen freshwater fish imports shrank to $23M in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. As a result, imports attained the peak of $25M, and then reduced in the following year.
| Import of Frozen Freshwater Fish in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.0 | 4.0 | 7.1 | 10.0 | 115.4% |
| Myanmar | 2.4 | 2.9 | 5.4 | 5.2 | 29.4% |
| Taiwan (Chinese) | 2.1 | 2.2 | 3.4 | 2.3 | 3.1% |
| United Arab Emirates | 1.2 | 1.5 | 2.8 | 2.1 | 20.5% |
| Pakistan | 0.9 | 0.1 | 0.1 | 0.8 | -3.9% |
| Vietnam | 0.4 | 0.4 | 0.7 | 0.6 | 14.5% |
| Thailand | 1.0 | 0.6 | 0.9 | 0.6 | -15.7% |
| Egypt | 0.1 | N/A | 1.7 | 0.2 | 26.0% |
| China | 0.2 | 0.2 | 0.3 | 0.1 | -20.6% |
| Others | 0.3 | 2.6 | 2.5 | 1.1 | 54.2% |
| Total | 9.7 | 14.4 | 25.1 | 23.0 | 33.3% |
Top Suppliers of Frozen Freshwater Fish to Kuwait in 2022:
- Myanmar (5.6K tons)
- Taiwan (Chinese) (1.5K tons)
- India (1.5K tons)
- United Arab Emirates (0.4K tons)
- Thailand (0.4K tons)
- Pakistan (0.3K tons)
- Egypt (0.3K tons)
- Vietnam (0.3K tons)
- China (0.1K tons)
Frozen Freshwater Fish Exports in Kuwait
In 2022, the amount of frozen freshwater fish exported from Kuwait shrank sharply to 1.3 tons, dropping by -90.3% on the year before. Over the period under review, exports saw a precipitous curtailment.
In value terms, frozen freshwater fish exports dropped sharply to $1.8K in 2022. In general, exports faced a sharp contraction.
| Export of Frozen Freshwater Fish in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Arab Emirates | 3.6 | 1.8 | -50.0% | ||
| Bahrain | 5.2 | N/A | 0% | ||
| Others | 0.2 | N/A | 0% | ||
| Total | 9.0 | 1.8 | -80.0% | ||
Top Export Markets for Frozen Freshwater Fish from Kuwait in 2022:
- United Arab Emirates (1.3 tons)
This report provides an in-depth analysis of the frozen freshwater fish market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201360 - Frozen whole fresh water fish
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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