Price for Meat and Edible Meat Offal; of Primates, Fresh, Chilled or Frozen in Kuwait - 2022

Contents:

  1. Price for Meat and Edible Meat Offal; of Primates, Fresh, Chilled or Frozen in Kuwait (CIF) - 2022
  2. Imports of Meat and Edible Meat Offal; of Primates, Fresh, Chilled or Frozen in Kuwait

Price for Meat and Edible Meat Offal; of Primates, Fresh, Chilled or Frozen in Kuwait (CIF) - 2022

The average import price for meat and edible meat offal; of primates, fresh, chilled or frozen stood at $4,209 per ton in 2022, growing by 50% against the previous year. Overall, the import price, however, showed a noticeable contraction. Over the period under review, average import prices attained the peak figure at $16,255 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 -4.4% per year.

Imports of Meat and Edible Meat Offal; of Primates, Fresh, Chilled or Frozen in Kuwait

In 2022, purchases abroad of meat and edible meat offal; of primates, fresh, chilled or frozen decreased by -49.4% to 16 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 494%. As a result, imports reached the peak of 31 tons, and then contracted rapidly in the following year.

In value terms, imports of meat and edible meat offal; of primates, fresh, chilled or frozen reduced remarkably to $66K in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 91%. As a result, imports reached the peak of $86K, and then plummeted in the following year.

Import of Meat and Edible Meat Offal; of Primates, Fresh, Chilled or Frozen in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt32.645.137.565.626.2%
ChinaN/AN/A48.7N/A0%
OthersN/AN/AN/AN/A0%
Total32.645.186.265.626.2%

Top Suppliers of Meat and Edible Meat Offal; of Primates, Fresh, Chilled or Frozen to Kuwait in 2022:

  1. Egypt (15.6 tons)

Source: IndexBox Market Intelligence Platform

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