Kuwait - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoultry Price in Kuwait - 2021
Contents:
- Poultry Price in Kuwait (CIF) - 2022
- Poultry Price in Kuwait (FOB) - 2022
- Poultry Imports in Kuwait
- Poultry Exports in Kuwait
Poultry Price in Kuwait (CIF) - 2022
In 2022, the average poultry import price amounted to $1,932 per ton, which is down by -2.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 10% against the previous year. As a result, import price reached the peak level of $2,069 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 Saudi Arabia ($4,032 per ton), while the price for the United States ($899 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+0.5%), while the prices for the other major suppliers experienced a decline.
Poultry Price in Kuwait (FOB) - 2022
In 2022, the average poultry export price amounted to $2,346 per ton, leveling off at the previous year. Overall, the export price saw a slight curtailment. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. As a result, the export price reached the peak level of $3,555 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($3,159 per ton), while the average price for exports to Turkey ($1,253 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.
Poultry Imports in Kuwait
In 2022, overseas purchases of poultry were finally on the rise to reach 142K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a perceptible curtailment.
In value terms, poultry imports dropped slightly to $275M in 2022. In general, imports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 3.6%.
| Import of Poultry in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 205 | 189 | 158 | 178 | -4.6% |
| United Arab Emirates | 30.9 | 27.7 | 57.9 | 37.3 | 6.5% |
| Saudi Arabia | 35.9 | 31.2 | 32.2 | 31.1 | -4.7% |
| United States | 10.1 | 7.2 | 6.1 | 5.9 | -16.4% |
| Others | 11.3 | 14.6 | 25.8 | 22.5 | 25.8% |
| Total | 293 | 270 | 280 | 275 | -2.1% |
Top Suppliers of Poultry to Kuwait in 2022:
- Brazil (103.8K tons)
- United Arab Emirates (13.8K tons)
- Saudi Arabia (7.7K tons)
- United States (6.5K tons)
Poultry Exports in Kuwait
Poultry exports from Kuwait surged to 4.1K tons in 2022, jumping by 40% compared with 2021 figures. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 425% against the previous year. As a result, the exports reached the peak of 5.4K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, poultry exports soared to $9.7M in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 325% against the previous year. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Poultry in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 316 | 7,634 | 2,939 | 3,989 | 132.8% |
| Saudi Arabia | 1,582 | 1,722 | 1,898 | 2,489 | 16.3% |
| Bahrain | 73.3 | 934 | 748 | 972 | 136.7% |
| Iraq | 237 | 527 | 451 | 563 | 33.4% |
| Vietnam | 125 | 244 | 287 | 447 | 52.9% |
| Jordan | 20.9 | 718 | 24.6 | 324 | 149.3% |
| Liberia | 113 | 135 | 179 | 240 | 28.5% |
| Turkey | 111 | 85.3 | 113 | 175 | 16.4% |
| Others | 327 | 355 | 357 | 476 | 13.3% |
| Total | 2,906 | 12,354 | 6,997 | 9,675 | 49.3% |
Top Export Markets for Poultry from Kuwait in 2022:
- Saudi Arabia (1333.1 tons)
- Qatar (1262.8 tons)
- Bahrain (371.8 tons)
- Vietnam (237.0 tons)
- Iraq (234.9 tons)
- Jordan (185.2 tons)
- Turkey (139.7 tons)
- Liberia (109.3 tons)
This report provides an in-depth analysis of the poultry 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:
- FCL 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
- FCL 1069 - Duck meat
- FCL 1073 - Goose meat
- FCL 1074 - Offals and liver of geese
- FCL 1075 - Offals and liver of ducks
- FCL 1080 - Turkey meat
- FCL 1081 - Offals and liver of turkey
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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