Price for Mollusc Preparations; Mussels, Prepared or Preserved in Kuwait - 2022
Contents:
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Kuwait (CIF) - 2022
- Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Kuwait
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Kuwait (CIF) - 2022
In 2022, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $9,259 per ton, with a decrease of -11% against the previous year. Over the period under review, the import price, however, showed a strong increase. The growth pace was the most rapid in 2014 an increase of 133% against the previous year. Over the period under review, average import prices reached the maximum at $15,072 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($31,500 per ton), while the price for Spain ($8,245 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Kuwait
Imports of mollusc preparations; mussels, prepared or preserveds into Kuwait surged to 3.7 tons in 2022, growing by 22% on the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of mollusc preparations; mussels, prepared or preserveds reached $35K in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 8.9%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Mollusc Preparations; Mussels, Prepared or Preserved in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.1 | 6.1 | 17.3 | 15.5 | 29.7% |
| Canada | 4.9 | 1.6 | 10.0 | 13.1 | 38.8% |
| Spain | 9.7 | 1.7 | 2.8 | 3.6 | -28.1% |
| United Arab Emirates | 2.5 | 1.0 | 0.8 | 1.3 | -19.6% |
| India | N/A | 0.2 | 0.1 | 0.7 | 87.1% |
| Vietnam | N/A | 17.8 | N/A | N/A | 0% |
| Others | 2.6 | 0.6 | 0.6 | 0.3 | -51.3% |
| Total | 26.7 | 29.1 | 31.7 | 34.6 | 9.0% |
Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Kuwait in 2022:
- Turkey (1656.0 kg)
- Canada (1394.0 kg)
- Spain (441.0 kg)
- United Arab Emirates (140.0 kg)
- India (71.0 kg)
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