Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait - 2022
Contents:
- Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait (CIF) - 2022
- Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait (FOB) - 2022
- Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait
- Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait
Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait (CIF) - 2022
In 2022, the average import price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $421 per ton, rising by 7.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.8%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($521 per ton), while the price for Saudi Arabia ($336 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait (FOB) - 2022
The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $2,703 per ton in 2022, picking up by 11% against the previous year. In general, the export price continues to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 64% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Iraq.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +3.7% per year.
Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait
In 2022, approx. 38K tons of vegetables, brassica; brussel sprouts, fresh or chilleds were imported into Kuwait; with an increase of 296% compared with the year before. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds soared to $16M in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 2.9 | 2.2 | 2.4 | 8.5 | 43.1% |
Jordan | 0.9 | 0.7 | 0.8 | 2.7 | 44.2% |
Egypt | N/A | N/A | 0.3 | 1.5 | 400.0% |
Iran | 0.2 | 0.1 | N/A | 1.1 | 76.5% |
Others | 0.5 | 0.4 | 0.3 | 2.2 | 63.9% |
Total | 4.5 | 3.5 | 3.8 | 16.0 | 52.6% |
Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Kuwait in 2022:
- Saudi Arabia (25.3K tons)
- Jordan (5.4K tons)
- Egypt (2.9K tons)
- Iran (2.5K tons)
Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait
For the third consecutive year, Kuwait recorded decline in shipments abroad of vegetables, brassica; brussel sprouts, fresh or chilleds, which decreased by -5.5% to 478 kg in 2022. Over the period under review, exports saw a abrupt setback.
In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds expanded modestly to $1.3K in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 4.9% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 1.1 | 1.2 | 1.2 | 1.3 | 5.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.1 | 1.2 | 1.2 | 1.3 | 5.7% |
Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Kuwait in 2022:
- Iraq (478.0 kg)
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