Kuwait - Frozen, Dried And Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Frozen, Dried and Smoked Fish in Kuwait - 2021
Contents:
- Price for Frozen, Dried and Smoked Fish in Kuwait (CIF) - 2022
- Price for Frozen, Dried and Smoked Fish in Kuwait (FOB) - 2022
- Imports of Frozen, Dried and Smoked Fish in Kuwait
- Exports of Frozen, Dried and Smoked Fish in Kuwait
Price for Frozen, Dried and Smoked Fish in Kuwait (CIF) - 2022
The average import price for frozen, dried and smoked fish stood at $4,013 per ton in 2022, rising by 5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. The most prominent rate of growth was recorded in 2013 an increase of 48% against the previous year. The import price peaked at $4,165 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($9,851 per ton), while the price for Myanmar ($1,063 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen, Dried and Smoked Fish in Kuwait (FOB) - 2022
The average export price for frozen, dried and smoked fish stood at $7,174 per ton in 2022, surging by 22% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen, dried and smoked fish export price increased by +32.0% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 179% against the previous year. As a result, the export price attained the peak level of $9,076 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($10,170 per ton), while the average price for exports to Bahrain ($421 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+15.9%), while the prices for the other major destinations experienced a decline.
Imports of Frozen, Dried and Smoked Fish in Kuwait
After three years of growth, supplies from abroad of frozen, dried and smoked fish decreased by -11.7% to 21K tons in 2022. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, imports reached the peak of 23K tons, and then shrank in the following year.
In value terms, frozen, dried and smoked fish imports dropped to $83M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of $88M, and then shrank in the following year.
| Import of Frozen, Dried and Smoked Fish in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 18.2 | 25.5 | 38.3 | 33.9 | 23.0% |
| United Arab Emirates | 13.0 | 12.0 | 10.7 | 11.9 | -2.9% |
| Myanmar | 3.4 | 3.6 | 4.5 | 3.5 | 1.0% |
| Iran | 3.5 | 1.8 | 2.9 | 3.0 | -5.0% |
| Vietnam | 4.6 | 3.4 | 2.2 | 3.0 | -13.3% |
| Pakistan | 5.9 | 3.9 | 4.5 | 2.9 | -21.1% |
| Saudi Arabia | 2.9 | 2.9 | 2.3 | 2.3 | -7.4% |
| Taiwan (Chinese) | 2.5 | 2.4 | 2.4 | 2.0 | -7.2% |
| Singapore | 0.7 | 0.6 | 1.0 | 0.9 | 8.7% |
| China | 0.4 | 0.9 | 0.7 | 0.7 | 20.5% |
| Thailand | 1.6 | 1.0 | 1.1 | 0.6 | -27.9% |
| Others | 7.8 | 9.9 | 17.8 | 18.0 | 32.1% |
| Total | 64.3 | 68.2 | 88.5 | 82.6 | 8.7% |
Top Suppliers of Frozen, Dried and Smoked Fish to Kuwait in 2022:
- India (5.0K tons)
- Myanmar (3.3K tons)
- Vietnam (1.3K tons)
- United Arab Emirates (1.2K tons)
- Taiwan (Chinese) (1.0K tons)
- Saudi Arabia (0.8K tons)
- Singapore (0.8K tons)
- Iran (0.6K tons)
- Pakistan (0.4K tons)
- China (0.3K tons)
- Thailand (0.3K tons)
Exports of Frozen, Dried and Smoked Fish in Kuwait
In 2022, the amount of frozen, dried and smoked fish exported from Kuwait rose sharply to 174 tons, surging by 14% on the previous year's figure. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +106.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, frozen, dried and smoked fish exports soared to $1.2M in 2022. Over the period under review, exports saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 95%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Frozen, Dried and Smoked Fish in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 940 | 391 | 780 | 1,157 | 7.2% |
| Hong Kong SAR | 22.7 | 37.5 | 43.1 | 70.1 | 45.6% |
| Saudi Arabia | 27.9 | 17.5 | 6.0 | 13.5 | -21.5% |
| Iraq | 14.8 | 7.1 | 1.9 | 3.2 | -40.0% |
| Bahrain | 1.1 | 0.7 | 59.8 | 0.6 | -18.3% |
| Others | 5.9 | 2.7 | 0.7 | 1.2 | -41.2% |
| Total | 1,012 | 457 | 892 | 1,245 | 7.2% |
Top Export Markets for Frozen, Dried and Smoked Fish from Kuwait in 2022:
- Qatar (113.7 tons)
- Hong Kong SAR (37.1 tons)
- Saudi Arabia (14.5 tons)
- Iraq (6.8 tons)
- Bahrain (1.4 tons)
This report provides an in-depth analysis of the market for frozen, dried and smoked fish in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201600 - Frozen fish livers and roes
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
- Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked
- Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
- Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
- Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
- Prodcom 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
- Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
187
This report provides an in-depth analysis of the market for frozen, dried and smoked fish in Kuwait.
156
This report provides an in-depth analysis of the frozen tilapias market in Kuwait.
390
This report provides an in-depth analysis of the market for frozen southern bluefin tuna in Kuwait.
209
This report provides an in-depth analysis of the bigeye tuna market in Kuwait.
225
This report provides an in-depth analysis of the frozen skipjack tuna market in Kuwait.
235
This report provides an in-depth analysis of the frozen yellowfin tuna market in Kuwait.
171
This report provides an in-depth analysis of the frozen atlantic halibut market in Kuwait.
250
This report provides an in-depth analysis of the frozen eels market in Kuwait.
297
This report provides an in-depth analysis of the frozen catfish market in Kuwait.
846
This report provides an in-depth analysis of the market for frozen fish and seafood in Kuwait.
337
Discover the top import markets for frozen, dried, and smoked fish, including key statistics and numbers. Explore the leading countries in the global fish trade.
493
The global market for frozen fish and seafood has witnessed significant growth in recent years, with several countries emerging as key import markets. In this article, we will explore the top import markets for frozen fish and seafood and provide key statistics and insights.
159
Explore the top import markets for frozen freshwater fish worldwide, including China, the United States, and South Korea. Get key statistics and insights from IndexBox platform.
189
Explore the top import markets for frozen whole fish based on the data provided by the IndexBox market intelligence platform.
367
Explore the top import markets for frozen fish based on the import value in 2022. Japan, United States, and China lead the pack in this lucrative industry. Learn more on IndexBox.
604
Chile became the leading supplier of frozen atlantic salmon worldwide, expanding exports from 14K tons in 2010 to 125K tons in 2020 and leaving behind the former leading supplier, Norway.
1896
China ($7.6B) remains the largest frozen fish supplier worldwide, comprising 17% of global exports.
337
Discover the top import markets for frozen, dried, and smoked fish, including key statistics and numbers. Explore the leading countries in the global fish trade.
493
The global market for frozen fish and seafood has witnessed significant growth in recent years, with several countries emerging as key import markets. In this article, we will explore the top import markets for frozen fish and seafood and provide key statistics and insights.
159
Explore the top import markets for frozen freshwater fish worldwide, including China, the United States, and South Korea. Get key statistics and insights from IndexBox platform.
