Price for Frozen Cuts and Edible Offal of Domestic Geese in Kuwait - 2022
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Geese in Kuwait (CIF) - 2022
- Price for Frozen Cuts and Edible Offal of Domestic Geese in Kuwait (FOB) - 2022
- Imports of Frozen Cuts and Edible Offal of Domestic Geese in Kuwait
- Exports of Frozen Cuts and Edible Offal of Domestic Geese in Kuwait
Price for Frozen Cuts and Edible Offal of Domestic Geese in Kuwait (CIF) - 2022
The average import price for frozen cuts and edible offal of domestic geeses stood at $9,767 per ton in 2022, with an increase of 124% against the previous year. Over the period under review, the import price enjoyed a significant increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 168% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Egypt.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +15.4% per year.
Price for Frozen Cuts and Edible Offal of Domestic Geese in Kuwait (FOB) - 2022
In 2022, the average export price for frozen cuts and edible offal of domestic geeses amounted to $2,138 per ton, dropping by -6.8% against the previous year. In general, the export price, however, saw a measured expansion. The pace of growth appeared the most rapid in 2018 an increase of 70%. As a result, the export price attained the peak level of $3,764 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to -3.5% per year.
Imports of Frozen Cuts and Edible Offal of Domestic Geese in Kuwait
In 2022, supplies from abroad of frozen cuts and edible offal of domestic geeses decreased by -87.8% to 3.3 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 107% against the previous year. As a result, imports attained the peak of 27 tons, and then shrank markedly in the following year.
In value terms, imports of frozen cuts and edible offal of domestic geeses declined rapidly to $32K in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 122%. As a result, imports reached the peak of $116K, and then dropped notably in the following year.
| Import of Frozen Cuts and Edible Offal of Domestic Geese in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | 0.1 | 2.9 | 31.8 | 1683.3% |
| United Arab Emirates | 32.2 | 51.7 | 112 | N/A | 86.5% |
| Others | 0.3 | 0.6 | 1.7 | N/A | 138.0% |
| Total | 32.5 | 52.4 | 116 | 31.8 | -0.7% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Geese to Kuwait in 2022:
- Egypt (3.3 tons)
Exports of Frozen Cuts and Edible Offal of Domestic Geese in Kuwait
In 2022, overseas shipments of frozen cuts and edible offal of domestic geeses were finally on the rise to reach 12 tons after two years of decline. In general, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen cuts and edible offal of domestic geeses skyrocketed to $25K in 2022. Over the period under review, exports posted prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Cuts and Edible Offal of Domestic Geese in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 13.8 | 14.9 | 13.8 | 14.3 | 1.2% |
| Saudi Arabia | 2.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 11.0 | 0% |
| Total | 16.0 | 14.9 | 13.8 | 25.3 | 16.5% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Geese from Kuwait in 2022:
- Qatar (6.8 tons)
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