Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Kuwait - 2022

Contents:

1. Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Kuwait (CIF) - 2022
2. Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Kuwait (FOB) - 2022
3. Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Kuwait
4. Exports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Kuwait

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Kuwait (CIF) - 2022

In 2022, the average import price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat amounted to $11 per unit, jumping by 17% against the previous year. Over the period under review, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2020 an increase of 40% against the previous year. The import price peaked at $15 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($203 per unit), while the price for Egypt ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Kuwait (FOB) - 2022

In 2022, the average export price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat amounted to $12 per unit, picking up by 7.1% against the previous year. In general, the export price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 an increase of 65%. As a result, the export price attained the peak level of $26 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($133 per unit), while the average price for exports to the United Arab Emirates ($5.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+173.9%), while the prices for the other major destinations experienced a decline.

Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Kuwait

Imports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat into Kuwait expanded modestly to 21K units in 2022, with an increase of 1.5% on 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 104%. As a result, imports attained the peak of 25K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat surged to $226K in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 187% against the previous year. As a result, imports reached the peak of $262K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g to Kuwait in 2022:

1. Egypt (10.2K units)
2. United States (6.9K units)
3. Belgium (2.1K units)
4. Netherlands (1.4K units)

Exports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Kuwait

In 2022, after two years of decline, there was significant growth in shipments abroad of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat, when their volume increased by 116% to 474 units. Over the period under review, exports, however, showed a precipitous shrinkage. The exports peaked at 1.3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat surged to $5.7K in 2022. In general, exports, however, saw a significant decline. The exports peaked at $17K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g from Kuwait in 2022:

1. Qatar (403.0 units)
2. United Arab Emirates (59.0 units)
3. Maldives (12.0 units)

Source: IndexBox Market Intelligence Platform