Price for Fish; Live, Ornamental, Freshwater in Kuwait - 2021

Contents:

  1. Price for Fish; Live, Ornamental, Freshwater in Kuwait (CIF) - 2022
  2. Imports of Fish; Live, Ornamental, Freshwater in Kuwait

Price for Fish; Live, Ornamental, Freshwater in Kuwait (CIF) - 2022

In 2022, the average fish; live, ornamental, freshwater import price amounted to $26,060 per ton, waning by -8.3% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 183% against the previous year. The import price peaked at $61,881 per ton in 2013; however, from 2014 to 2022, 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 Malaysia ($276,494 per ton), while the price for Sri Lanka ($7,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.1%), while the prices for the other major suppliers experienced a decline.

Imports of Fish; Live, Ornamental, Freshwater in Kuwait

Fish; live, ornamental, freshwater imports into Kuwait fell slightly to 26 tons in 2022, which is down by -2.4% against the previous year. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 146%.

In value terms, fish; live, ornamental, freshwater imports declined to $680K in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports attained the peak of $760K, and then shrank in the following year.

Import of Fish; Live, Ornamental, Freshwater in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia20.0438223194113.3%
India46.539.822.971.915.6%
Sri Lanka93.07.71.866.3-10.7%
Singapore30946.523.761.1-41.7%
Indonesia61.510.89.211.5-42.8%
Thailand20.216.46.66.3-32.2%
Kenya10.1N/AN/AN/A0%
MyanmarN/AN/A17.7N/A0%
Others68.740.745627057.8%
Total6296007606802.6%

Top Suppliers of Fish; Live, Ornamental, Freshwater to Kuwait in 2022:

  1. Sri Lanka (9.1 tons)
  2. India (4.7 tons)
  3. Singapore (2.2 tons)
  4. Malaysia (0.7 tons)
  5. Indonesia (0.6 tons)
  6. Thailand (0.4 tons)

Source: IndexBox Market Intelligence Platform

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