Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait - 2022

Contents:

  1. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait (CIF) - 2022
  2. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait (FOB) - 2022
  3. Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait
  4. Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait (CIF) - 2022

In 2022, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $40,469 per ton, picking up by 3.1% against the previous year. Overall, the import price saw perceptible growth. The most prominent rate of growth was recorded in 2017 an increase of 157%. As a result, import price attained the peak level of $104,734 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 Thailand ($104,629 per ton), while the price for Morocco ($2,823 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait (FOB) - 2022

The average export price for seed; vegetable seed, of a kind used for sowings stood at $61,866 per ton in 2022, surging by 291% against the previous year. In general, the export price recorded a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for Bahrain amounted to +36.3% per year.

Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait

In 2022, approx. 402 tons of seed; vegetable seed, of a kind used for sowings were imported into Kuwait; rising by 296% on the previous year. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of seed; vegetable seed, of a kind used for sowings skyrocketed to $16M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1,1421,0504224,75060.8%
India4838933161,72552.9%
Netherlands66.85392581,242164.9%
United States6147885781,04819.5%
Turkey10526588.369387.6%
Spain14832910963862.7%
China30636916754721.4%
Egypt83.810918650982.5%
France14226818749651.7%
Italy24.272.212313878.7%
Iran29.27.143.412461.9%
Denmark52.536.419.569.19.6%
Morocco13.02.410.719.915.2%
Others2,2092,7361,4784,26224.5%
Total5,4197,4633,98516,26244.2%

Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Kuwait in 2022:

  1. India (159.1 tons)
  2. Thailand (45.4 tons)
  3. United States (29.6 tons)
  4. Turkey (28.1 tons)
  5. China (17.5 tons)
  6. Iran (14.5 tons)
  7. Netherlands (14.4 tons)
  8. Egypt (14.0 tons)
  9. Spain (10.9 tons)
  10. France (10.3 tons)
  11. Italy (9.7 tons)
  12. Morocco (7.0 tons)
  13. Denmark (6.3 tons)

Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait

Exports of seed; vegetable seed, of a kind used for sowings from Kuwait fell sharply to 4.6 tons in 2022, shrinking by -40.2% on the previous year. In general, exports saw a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 51%.

In value terms, exports of seed; vegetable seed, of a kind used for sowings soared to $283K in 2022. Over the period under review, exports faced a deep downturn.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar18725.644.328314.8%
Oman29.39.210.4N/A-40.4%
Iran95.136.449.6N/A-27.8%
Iraq68.0N/AN/AN/A0%
Bahrain15.413.015.8N/A1.3%
Others15.90.81.0N/A-74.9%
Total41085.0121283-11.6%

Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Kuwait in 2022:

  1. Qatar (4.6 tons)

Source: IndexBox Market Intelligence Platform

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