Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kuwait - 2022
Contents:
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kuwait (CIF) - 2022
- Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kuwait
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kuwait (CIF) - 2022
The average import price for fresh or chilled lamb carcasses and half-carcasseses stood at $7,784 per ton in 2022, declining by -18% against the previous year. Overall, the import price saw a slight shrinkage. The pace of growth was the most pronounced in 2017 an increase of 9.3% against the previous year. The import price peaked at $9,493 per ton in 2021, and then contracted remarkably in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Tanzania ($7,844 per ton) and India ($7,844 per ton), while the price for Pakistan ($7,843 per ton) and New Zealand ($7,843 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kuwait
In 2022, the amount of fresh or chilled lamb carcasses and half-carcasseses imported into Kuwait surged to 8.8K tons, jumping by 156% on 2021. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses skyrocketed to $69M in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 128%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 7.8 | 9.1 | 18.6 | 18.4 | 33.1% |
| United Kingdom | 0.1 | 0.2 | 1.9 | 11.5 | 386.3% |
| Turkey | N/A | N/A | 0.4 | 10.8 | 2600.0% |
| Sudan | N/A | 0.2 | 4.2 | 8.9 | 567.1% |
| Kenya | 0.3 | 1.5 | 0.8 | 5.2 | 158.8% |
| South Africa | 0.2 | 1.5 | 2.9 | 4.7 | 186.4% |
| India | 0.3 | N/A | 0.5 | 3.5 | 126.8% |
| Tanzania | N/A | N/A | 1.7 | 3.3 | 94.1% |
| Others | 1.9 | 1.8 | 1.7 | 2.4 | 8.1% |
| Total | 10.7 | 14.3 | 32.7 | 68.8 | 86.0% |
Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Kuwait in 2022:
- Australia (2342.3 tons)
- United Kingdom (1467.5 tons)
- Turkey (1378.2 tons)
- Sudan (1135.2 tons)
- Kenya (669.2 tons)
- South Africa (600.9 tons)
- India (447.0 tons)
- Tanzania (426.6 tons)
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