Price for Cereals; Oats, Other than Seed in Kuwait - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Kuwait (CIF) - 2022
- Imports of Cereals; Oats, Other than Seed in Kuwait
Price for Cereals; Oats, Other than Seed in Kuwait (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $1,309 per ton in 2022, waning by -52.3% against the previous year. Overall, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2013 an increase of 54%. The import price peaked at $2,745 per ton in 2021, and then dropped markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malta ($4,616 per ton), while the price for Ukraine ($395 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Kuwait
For the third consecutive year, Kuwait recorded decline in purchases abroad of cereals; oats, other than seeds, which decreased by -53.7% to 108 tons in 2022. In general, imports saw a dramatic descent. The smallest decline of -8.7% was in 2021.
In value terms, cereals; oats, other than seed imports dropped rapidly to $142K in 2022. Overall, imports continue to indicate a precipitous setback. The smallest decline of -2% was in 2021.
| Import of Cereals; Oats, Other than Seed in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 657 | 391 | 394 | 43.7 | -59.5% |
| Malta | 43.5 | 48.6 | 62.5 | 33.3 | -8.5% |
| Russia | 18.7 | 23.3 | 33.5 | 26.7 | 12.6% |
| Ukraine | 26.2 | 15.5 | 20.5 | 12.8 | -21.2% |
| Australia | 14.7 | 12.3 | 11.9 | 4.7 | -31.6% |
| United States | 3.7 | 117 | 77.4 | 3.7 | 0.0% |
| Sri Lanka | 20.5 | 6.7 | 10.4 | 3.6 | -44.0% |
| Turkey | N/A | 5.2 | N/A | 1.0 | -56.1% |
| Others | 40.3 | 34.5 | 30.7 | 12.0 | -33.2% |
| Total | 825 | 654 | 641 | 142 | -44.4% |
Top Suppliers of Cereals; Oats, Other than Seed to Kuwait in 2022:
- Russia (42.3 tons)
- Ukraine (32.5 tons)
- United Arab Emirates (15.0 tons)
- Malta (7.2 tons)
- Australia (5.4 tons)
- Turkey (1.7 tons)
- United States (1.7 tons)
- Sri Lanka (1.0 tons)
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This report provides an in-depth analysis of the oat market in Kuwait.
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