Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait - 2022

Contents:

  1. Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait (CIF) - 2022
  2. Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait (FOB) - 2022
  3. Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait
  4. Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait

Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait (CIF) - 2022

In 2022, the average import price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $8,923 per ton, shrinking by -26.9% against the previous year. In general, the import price, however, continues to indicate modest growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 64% against the previous year. Over the period under review, average import prices attained the maximum at $12,211 per ton in 2021, and then declined significantly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($8,931 per ton) and Bolivia ($8,926 per ton), while the price for the United Arab Emirates ($8,922 per ton) and Peru ($8,922 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait (FOB) - 2022

In 2022, the average export price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $6,040 per ton, approximately reflecting the previous year. In general, the export price recorded a noticeable slump. The growth pace was the most rapid in 2015 when the average export price increased by 79% against the previous year. As a result, the export price reached the peak level of $12,975 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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

From 2014 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +2.3% per year.

Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait

In 2022, supplies from abroad of nuts, edible; brazil nuts, shelled, fresh or drieds decreased by -43.2% to 9.4 tons, falling for the second year in a row after two years of growth. Overall, imports saw a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, imports attained the peak of 34 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds declined sharply to $84K in 2022. In general, imports saw a dramatic setback. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year. As a result, imports reached the peak of $318K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.41.31.537.0352.3%
United Arab Emirates6.47.93.633.473.5%
Peru0.81.51.09.7129.7%
Brazil2.93.32.21.7-16.3%
Bolivia0.22.00.21.7104.1%
Thailand2.13.62.4N/A6.9%
China2.64.22.7N/A1.9%
India164276179N/A4.5%
South Africa42.3N/AN/AN/A0%
Chile8.113.68.7N/A3.6%
Others3.54.61.70.8-38.9%
Total23331820384.2-28.8%

Top Suppliers of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried to Kuwait in 2022:

  1. United States (4.1 tons)
  2. United Arab Emirates (3.7 tons)
  3. Peru (1.1 tons)
  4. Brazil (0.2 tons)
  5. Bolivia (0.2 tons)

Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait

For the third year in a row, Kuwait recorded decline in shipments abroad of nuts, edible; brazil nuts, shelled, fresh or drieds, which decreased by 0% to 250 kg in 2022. Over the period under review, exports faced a precipitous setback. The smallest decline of -97.5% was in 2020.

In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds totaled $1.5K in 2022. Overall, exports showed a sharp shrinkage. The smallest decline of -97.8% was in 2020.

Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar6.33.0N/A1.5-38.0%
Turkey125N/AN/AN/A0%
Others8.7N/AN/AN/A0%
Total1403.0N/A1.5-78.0%

Top Export Markets for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried from Kuwait in 2022:

  1. Qatar (250.0 kg)

Source: IndexBox Market Intelligence Platform

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