Kuwait - Meat Preparations of Poultry - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Meat Preparations of Poultry in Kuwait - 2021
Contents:
- Price for Meat Preparations of Poultry in Kuwait (CIF) - 2021
- Price for Meat Preparations of Poultry in Kuwait (FOB) - 2021
- Imports of Meat Preparations of Poultry in Kuwait
- Exports of Meat Preparations of Poultry in Kuwait
Price for Meat Preparations of Poultry in Kuwait (CIF) - 2021
In December 2021, the average meat preparations of poultry import price amounted to $2,695 per ton, surging by 2.5% against the previous month. Overall, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in February 2021 when the average import price increased by 13% m-o-m. The import price peaked at $5,302 per ton in April 2021; however, from May 2021 to December 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Jordan ($5,088 per ton), while the price for the United States ($1,319 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Meat Preparations of Poultry in Kuwait (FOB) - 2021
In December 2021, the average meat preparations of poultry export price amounted to $3,353 per ton, surging by 3.4% against the previous month. Over the period under review, the export price, however, showed a mild curtailment. The pace of growth was the most pronounced in May 2021 an increase of 21% m-o-m. As a result, the export price attained the peak level of $5,153 per ton. From June 2021 to December 2021, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($5,710 per ton), while the average price for exports to Saudi Arabia ($2,582 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat Preparations of Poultry in Kuwait
In 2022, imports of meat preparations of poultry into Kuwait rose remarkably to 3.7K tons, with an increase of 15% compared with the year before. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 23%. As a result, imports attained the peak of 3.9K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, meat preparations of poultry imports reached $14M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of $14M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Meat Preparations of Poultry in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 4.2 | 6.2 | 7.1 | 8.6 | 27.0% |
Brazil | 0.2 | 1.6 | 0.8 | 0.9 | 65.1% |
Saudi Arabia | 0.6 | 0.3 | 0.8 | 0.9 | 14.5% |
Turkey | 0.3 | 0.4 | 0.5 | 0.6 | 26.0% |
United States | 1.5 | 0.5 | 1.1 | 0.5 | -30.7% |
Jordan | 0.1 | 0.3 | 0.4 | 0.4 | 58.7% |
Denmark | 0.5 | 0.5 | 0.3 | 0.4 | -7.2% |
Thailand | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
Egypt | 1.9 | 3.0 | 1.0 | 0.1 | -62.5% |
Others | 1.0 | 1.2 | 0.9 | 0.8 | -7.2% |
Total | 10.4 | 14.1 | 12.9 | 13.5 | 9.1% |
Top Suppliers of Meat Preparations of Poultry to Kuwait in 2022:
- United Arab Emirates (2379.1 tons)
- Brazil (308.1 tons)
- Saudi Arabia (242.5 tons)
- Turkey (169.7 tons)
- Thailand (117.0 tons)
- Jordan (104.9 tons)
- Denmark (93.5 tons)
- United States (77.4 tons)
- Egypt (29.8 tons)
Exports of Meat Preparations of Poultry in Kuwait
In 2022, the amount of meat preparations of poultry exported from Kuwait soared to 1.4K tons, rising by 317% against 2021 figures. Overall, exports recorded a relatively flat trend pattern.
In value terms, meat preparations of poultry exports soared to $5.3M in 2022. Over the period under review, exports saw a relatively flat trend pattern.
Export of Meat Preparations of Poultry in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 3,656 | 1,525 | 646 | 2,517 | -11.7% |
Qatar | 786 | 3,270 | 363 | 1,417 | 21.7% |
United Arab Emirates | 552 | 1,761 | 187 | 731 | 9.8% |
Oman | 113 | 1,267 | 62.1 | 242 | 28.9% |
Bahrain | 22.1 | 607 | 55.2 | 215 | 113.5% |
Iraq | 53.4 | 297 | 26.2 | 177 | 49.1% |
Jordan | 79.1 | 531 | 16.9 | 31.1 | -26.7% |
Others | N/A | 38.9 | 5.8 | N/A | -85.1% |
Total | 5,261 | 9,296 | 1,363 | 5,330 | 0.4% |
Top Export Markets for Meat Preparations of Poultry from Kuwait in 2022:
- Saudi Arabia (847.3 tons)
- Qatar (253.5 tons)
- United Arab Emirates (137.1 tons)
- Oman (56.1 tons)
- Bahrain (44.4 tons)
- Iraq (34.5 tons)
- Jordan (6.3 tons)
This report provides an in-depth analysis of the market for meat preparations of poultry 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 10131535 - Other prepared or preserved poultry meat (excluding sausages, preparations of liver and prepared meals and dishes)
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.
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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
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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
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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
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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
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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
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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
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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
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