Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Kuwait - 2022

Contents:

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

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Kuwait (CIF) - 2022

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $26,639 per ton in 2022, increasing by 26% against the previous year. In general, the import price posted prominent growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 69%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($306,159 per ton), while the price for Iran ($4,449 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+583.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Kuwait (FOB) - 2022

In 2022, the average export price for seeds, fruit and spores; of a kind used for sowing amounted to $10,121 per ton, declining by -36.1% against the previous year. Overall, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 137%. The export price peaked at $15,841 per ton in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($17,224 per ton), while the average price for exports to Sudan stood at $4,430 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+72.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Kuwait

In 2022, imports of seeds, fruit and spores; of a kind used for sowing into Kuwait dropped to 239 tons, waning by -12.4% compared with 2021 figures. In general, imports continue to indicate a precipitous curtailment.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing amounted to $6.4M in 2022. Over the period under review, imports recorded a pronounced contraction. The pace of growth was the most pronounced in 2020 when imports increased by 35% against the previous year. As a result, imports attained the peak of $9.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Kuwait in 2022:

1. United States (104.2 tons)
2. India (32.4 tons)
3. Iran (26.7 tons)
4. Turkey (20.0 tons)
5. Spain (6.7 tons)
6. Lithuania (6.2 tons)
7. Thailand (4.8 tons)
8. Latvia (3.6 tons)
9. China (2.7 tons)
10. Mexico (1.9 tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Kuwait

In 2022, overseas shipments of seeds, fruit and spores; of a kind used for sowing were finally on the rise to reach 11 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp shrinkage.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing declined to $115K in 2022. Over the period under review, exports, however, recorded a sharp setback.

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Kuwait in 2022:

1. Sudan (6.3 tons)
2. Qatar (5.0 tons)

Source: IndexBox Market Intelligence Platform