Price for Homogenised Composite Food Preparations in Kuwait - 2021

Contents:

1. Price for Homogenised Composite Food Preparations in Kuwait (CIF) - 2022
2. Price for Homogenised Composite Food Preparations in Kuwait (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in Kuwait
4. Exports of Homogenised Composite Food Preparations in Kuwait

Price for Homogenised Composite Food Preparations in Kuwait (CIF) - 2022

The average homogenised composite food preparations import price stood at $5,725 per ton in 2022, with an increase of 11% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 123%. The import price peaked at $6,158 per ton in 2012; however, from 2013 to 2022, 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 Spain ($12,536 per ton), while the price for Turkey ($1,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Kuwait (FOB) - 2022

The average homogenised composite food preparations export price stood at $5,315 per ton in 2022, waning by -8.4% against the previous year. In general, the export price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2019 an increase of 608% against the previous year. As a result, the export price attained the peak level of $31,954 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +16.3% per year.

Imports of Homogenised Composite Food Preparations in Kuwait

In 2022, after three years of growth, there was significant decline in overseas purchases of homogenised composite food preparationses, when their volume decreased by -44.3% to 225 tons. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 231%. As a result, imports reached the peak of 404 tons, and then shrank rapidly in the following year.

In value terms, homogenised composite food preparations imports reduced remarkably to $1.3M in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 327% against the previous year. As a result, imports attained the peak of $2.1M, and then reduced rapidly in the following year.

Top Suppliers of Homogenised Composite Food Preparations to Kuwait in 2022:

1. United Kingdom (84.8 tons)
2. Switzerland (36.9 tons)
3. Spain (23.1 tons)
4. Turkey (18.8 tons)
5. Philippines (6.2 tons)
6. Estonia (6.0 tons)

Exports of Homogenised Composite Food Preparations in Kuwait

In 2022, overseas shipments of homogenised composite food preparationses decreased by -14.2% to 2.4 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 542%. As a result, the exports reached the peak of 2.8 tons, and then declined in the following year.

In value terms, homogenised composite food preparations exports contracted dramatically to $13K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 298% against the previous year.

Top Export Markets for Homogenised Composite Food Preparations from Kuwait in 2022:

1. Portugal (1.2 tons)