Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Kuwait - 2022
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Kuwait (CIF) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Kuwait
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Kuwait (CIF) - 2022
The average import price for edible products of animal origin; not elsewhere specified or includeds stood at $18,190 per ton in 2022, rising by 13% against the previous year. Over the period under review, the import price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2016 an increase of 116%. As a result, import price reached the peak level of $44,376 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($127,000 per ton), while the price for Egypt ($1,796 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+68.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Kuwait
In 2022, imports of edible products of animal origin; not elsewhere specified or includeds into Kuwait skyrocketed to 11 tons, picking up by 20% against the year before. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 252%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds surged to $203K in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 203% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.8 | 13.1 | 45.4 | 52.5 | 40.8% |
| Turkey | N/A | N/A | 6.5 | 47.9 | 636.9% |
| France | 6.6 | 27.5 | 21.9 | 36.3 | 76.5% |
| United States | 0.6 | 3.7 | 5.8 | 28.6 | 262.6% |
| India | 1.9 | 5.3 | 4.4 | 12.3 | 86.4% |
| Hungary | N/A | N/A | 5.8 | 10.9 | 87.9% |
| United Kingdom | 18.6 | 89.8 | 49.0 | 5.7 | -32.6% |
| Egypt | 3.0 | 6.6 | 3.9 | 3.0 | 0.0% |
| United Arab Emirates | 2.1 | N/A | 0.3 | N/A | -62.2% |
| Others | 4.0 | 22.8 | 6.2 | 5.3 | 9.8% |
| Total | 55.7 | 169 | 149 | 203 | 53.9% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Kuwait in 2022:
- Turkey (2.5 tons)
- France (2.1 tons)
- United States (1.8 tons)
- Egypt (1.7 tons)
- China (1.0 tons)
- India (0.7 tons)
- Hungary (0.6 tons)
- United Kingdom (0.5 tons)
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