Preserved Sauerkraut Price in Kuwait - 2021
Contents:
- Preserved Sauerkraut Price in Kuwait (CIF) - 2021
- Preserved Sauerkraut Price in Kuwait (FOB) - 2022
- Preserved Sauerkraut Imports in Kuwait
- Preserved Sauerkraut Exports in Kuwait
Preserved Sauerkraut Price in Kuwait (CIF) - 2021
In December 2021, the average preserved sauerkraut import price amounted to $1,886 per ton, falling by -2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2021 an increase of 24% m-o-m. Over the period under review, average import prices reached the peak figure at $2,353 per ton in May 2021; however, from June 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,283 per ton), while the price for Syrian Arab Republic ($950 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 Lebanon (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Sauerkraut Price in Kuwait (FOB) - 2022
In 2022, the average preserved sauerkraut export price amounted to $1,067 per ton, dropping by -29.6% against the previous year. Overall, the export price, however, saw modest growth. The pace of growth appeared the most rapid in 2021 an increase of 59%. As a result, the export price reached the peak level of $1,516 per ton, and then contracted sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,882 per ton), while the average price for exports to Tunisia ($460 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 the United Arab Emirates (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sauerkraut Imports in Kuwait
In 2022, purchases abroad of preserved sauerkraut decreased by -78.3% to 2.6K tons, falling for the second consecutive year after two years of growth. In general, imports saw a precipitous curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 22%. As a result, imports attained the peak of 18K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, preserved sauerkraut imports dropped dramatically to $4.8M in 2022. Over the period under review, imports recorded a precipitous decline. The pace of growth was the most pronounced in 2020 with an increase of 8.2%. As a result, imports attained the peak of $21M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Preserved Sauerkraut in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 7.7 | 7.8 | 5.3 | 2.3 | -33.2% |
| Saudi Arabia | 0.4 | 0.9 | 1.4 | 0.6 | 14.5% |
| Turkey | 1.3 | 2.3 | 1.2 | 0.5 | -27.3% |
| Vietnam | 2.2 | 1.2 | 0.9 | 0.5 | -39.0% |
| India | 0.6 | 0.9 | 0.7 | 0.1 | -45.0% |
| Lebanon | 0.6 | 0.6 | 0.3 | 0.1 | -45.0% |
| China | 0.8 | 1.8 | 0.6 | 0.1 | -50.0% |
| United States | 2.3 | 2.0 | 1.9 | N/A | -9.1% |
| Egypt | 1.3 | 1.0 | 0.8 | N/A | -21.6% |
| Others | 1.8 | 2.0 | 1.8 | 0.5 | -34.8% |
| Total | 19.0 | 20.5 | 14.9 | 4.8 | -36.8% |
Top Suppliers of Preserved Sauerkraut to Kuwait in 2022:
- United Arab Emirates (1487.9 tons)
- Turkey (230.2 tons)
- Saudi Arabia (226.2 tons)
- Vietnam (188.8 tons)
- India (82.9 tons)
- China (76.4 tons)
- Lebanon (50.4 tons)
- Egypt (29.9 tons)
- United States (25.0 tons)
Preserved Sauerkraut Exports in Kuwait
After two years of decline, shipments abroad of preserved sauerkraut increased by 245% to 255 tons in 2022. Over the period under review, exports, however, continue to indicate a sharp slump.
In value terms, preserved sauerkraut exports surged to $272K in 2022. In general, exports, however, recorded a sharp setback.
| Export of Preserved Sauerkraut in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 409 | 19.0 | 60.5 | 148 | -28.7% |
| Oman | 87.0 | 25.7 | 11.0 | 26.0 | -33.1% |
| United Arab Emirates | 4.7 | 2.2 | 8.5 | 20.1 | 62.3% |
| Saudi Arabia | 21.0 | 8.4 | 6.2 | 14.7 | -11.2% |
| United States | 16.0 | 6.3 | 4.7 | 11.4 | -10.7% |
| Turkey | 13.9 | 5.6 | 4.3 | 10.6 | -8.6% |
| Tunisia | 14.0 | 5.0 | 3.3 | 7.2 | -19.9% |
| Others | 56.3 | 10.6 | 13.6 | 34.4 | -15.1% |
| Total | 622 | 82.8 | 112 | 272 | -24.1% |
Top Export Markets for Preserved Sauerkraut from Kuwait in 2022:
- Iraq (180.2 tons)
- Oman (25.6 tons)
- Tunisia (15.7 tons)
- Saudi Arabia (12.4 tons)
- United Arab Emirates (7.0 tons)
- United States (6.2 tons)
- Turkey (4.3 tons)
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