Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Kuwait - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Kuwait (CIF) - 2022
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Kuwait
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Kuwait (CIF) - 2022
The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $3,864 per ton in 2022, picking up by 14% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. Over the period under review, average import prices attained the maximum at $4,699 per ton in 2018; however, from 2019 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 the Netherlands ($8,238 per ton), while the price for the United Arab Emirates ($1,446 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Kuwait
After three years of growth, supplies from abroad of offal, edible; of bovine animals, fresh or chilleds decreased by -25% to 132 tons in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 426%.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds fell to $511K in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 345%.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 12.3 | 111 | 271 | 302 | 190.6% |
| Netherlands | 24.6 | 54.4 | 34.2 | 66.5 | 39.3% |
| United States | 12.2 | 26.0 | 13.5 | 23.1 | 23.7% |
| Kenya | N/A | N/A | N/A | 17.4 | 0% |
| Saudi Arabia | 7.3 | 14.3 | 6.9 | 12.8 | 20.6% |
| United Arab Emirates | 2.8 | 5.4 | 2.6 | 3.5 | 7.7% |
| Australia | 4.0 | 27.3 | 23.4 | 3.1 | -8.1% |
| Paraguay | N/A | N/A | 112 | N/A | 0% |
| Others | 32.7 | 189 | 132 | 83.1 | 36.5% |
| Total | 96.0 | 427 | 596 | 511 | 74.6% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Kuwait in 2022:
- Pakistan (103.0 tons)
- Netherlands (8.1 tons)
- Kenya (2.9 tons)
- United Arab Emirates (2.4 tons)
- Saudi Arabia (1.7 tons)
- United States (1.5 tons)
- Australia (1.3 tons)
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