Price for Ivory and Articles Thereof; Worked in Kuwait - 2021

Price for Ivory and Articles Thereof; Worked in Kuwait (CIF) - 2022

The average import price for ivory and articles thereof; worked stood at $8,159 per ton in 2022, growing by 12% against the previous year. Over the period under review, the import price, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2015 an increase of 51% against the previous year. As a result, import price attained the peak level of $18,045 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($161,423 per ton), while the price for the United States ($2,267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Ivory and Articles Thereof; Worked in Kuwait

After two years of decline, overseas purchases of ivory and articles thereof; worked increased by 119% to 803 kg in 2022. Over the period under review, imports, however, faced a precipitous descent.

In value terms, ivory and articles thereof; worked imports skyrocketed to $6.5K in 2022. In general, imports, however, continue to indicate a sharp descent.

Import of Ivory and Articles Thereof; Worked in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Philippines	4.4	4.9	1.2	2.9	-13.0%
India	1.1	1.2	0.3	1.1	0.0%
United States	4.1	3.4	0.6	1.1	-35.5%
China	5.9	0.2	0.5	1.1	-42.9%
Iran	0.2	N/A	N/A	N/A	0%
Others	2.9	0.6	0.1	0.2	-59.0%
Total	18.6	10.4	2.7	6.5	-29.6%