Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait - 2022
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait (CIF) - 2022
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait (FOB) - 2022
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait (CIF) - 2022
The average import price for cattle; live, other than pure-bred breeding animalses stood at $1,040 per unit in 2022, falling by -18% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 27%. The import price peaked at $3,982 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Romania ($1,041 per unit) and Australia ($1,040 per unit), while the price for Armenia ($1,016 per unit) and Somalia ($1,040 per unit) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Somalia (+50.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait (FOB) - 2022
In December 2021, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $914 per unit, waning by -4.2% against the previous month. Overall, the export price showed a noticeable setback. As a result, the export price reached the peak level of $955 per unit, and then dropped slightly in the following month.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From November 2021 to December 2021, the rate of growth in terms of prices for Saudi Arabia amounted to -4.2% per month.
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait
In 2022, supplies from abroad of cattle; live, other than pure-bred breeding animalses decreased by -65% to 2.5K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 129%. Over the period under review, imports of reached the maximum at 7.1K units in 2021, and then dropped sharply in the following year.
In value terms, imports of cattle; live, other than pure-bred breeding animalses dropped significantly to $2.6M in 2022. In general, imports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 50%. As a result, imports attained the peak of $9.1M, and then contracted rapidly in the following year.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 564 | 1,222 | 2,270 | 1,306 | 32.3% |
| Somalia | N/A | 184 | 1,397 | 1,112 | 145.8% |
| Romania | N/A | 155 | N/A | 166 | 3.5% |
| Armenia | N/A | N/A | 807 | 14.2 | -98.2% |
| Germany | 1,049 | 393 | 1,197 | N/A | 6.8% |
| Netherlands | 1,371 | 1,775 | 640 | N/A | -31.7% |
| Denmark | 1,024 | 1,651 | 1,868 | N/A | 35.1% |
| South Africa | N/A | 387 | 669 | N/A | 72.9% |
| Others | 1,174 | 251 | 206 | N/A | -58.1% |
| Total | 5,181 | 6,019 | 9,056 | 2,599 | -20.5% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Kuwait in 2022:
- Australia (1256.0 units)
- Somalia (1069.0 units)
- Romania (160.0 units)
- Armenia (14.0 units)
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait
In 2022, exports of cattle; live, other than pure-bred breeding animalses from Kuwait fell rapidly to 240 units, waning by -49.9% against 2021. Overall, exports faced a precipitous slump. Over the period under review, the exports of hit record highs at 479 units in 2021, and then declined dramatically in the following year.
In value terms, exports of cattle; live, other than pure-bred breeding animalses contracted significantly to $221K in 2022. Over the period under review, exports showed a precipitous decline. The exports peaked at $442K in 2021, and then fell remarkably in the following year.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Saudi Arabia | 442 | 221 | -50.0% | ||
| Others | 0.2 | N/A | 0% | ||
| Total | 442 | 221 | -50.0% | ||
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Kuwait in 2022:
- Saudi Arabia (240.0 units)
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