Kuwait - Vaccines For Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVeterinary Medicine Vaccines Price in Kuwait - 2022
Contents:
- Veterinary Medicine Vaccines Price in Kuwait (CIF) - 2021
- Veterinary Medicine Vaccines Price in Kuwait (FOB) - 2022
- Veterinary Medicine Vaccines Imports in Kuwait
- Veterinary Medicine Vaccines Exports in Kuwait
Veterinary Medicine Vaccines Price in Kuwait (CIF) - 2021
In December 2021, the average veterinary medicine vaccines import price amounted to $148K per ton, which is down by -32.7% against the previous month. In general, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 173% month-to-month. As a result, import price attained the peak level of $283K per ton. From August 2021 to December 2021, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($501K per ton), while the price for Egypt ($37,163 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Hungary (+48.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Veterinary Medicine Vaccines Price in Kuwait (FOB) - 2022
The average veterinary medicine vaccines export price stood at $100,764 per ton in 2022, increasing by 21% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 59%. Over the period under review, the average export prices attained the maximum at $226,265 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bahrain ($114,250 per ton) and Oman ($101,660 per ton), while the average price for exports to the United Arab Emirates ($99,481 per ton) and Qatar ($100,548 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Veterinary Medicine Vaccines Imports in Kuwait
In 2022, veterinary medicine vaccines imports into Kuwait was estimated at 74 tons, leveling off at the previous year. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 14%. As a result, imports attained the peak of 74 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, veterinary medicine vaccines imports stood at $7.9M in 2022. In general, imports, however, continue to indicate a noticeable slump.
| Import of Veterinary Medicine Vaccines in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 1,931 | 1,716 | 1,739 | 1,836 | -1.7% |
| United Arab Emirates | 1,202 | 1,272 | 959 | 707 | -16.2% |
| Netherlands | 696 | 987 | 586 | 676 | -1.0% |
| United States | 722 | 677 | 450 | 542 | -9.1% |
| Spain | 503 | 366 | 451 | 446 | -3.9% |
| Italy | 242 | 204 | 392 | 387 | 16.9% |
| Hungary | 382 | 139 | 360 | 355 | -2.4% |
| France | 267 | 475 | 232 | 291 | 2.9% |
| Mexico | 98.2 | 97.3 | 266 | 263 | 38.9% |
| Jordan | 128 | 28.4 | 120 | 119 | -2.4% |
| India | 29.7 | 74.7 | 90.3 | 89.2 | 44.3% |
| Russia | 40.3 | 41.1 | 65.8 | 65.0 | 17.3% |
| South Korea | 38.1 | 148 | 100 | 59.4 | 16.0% |
| Others | 2,272 | 1,737 | 1,958 | 2,029 | -3.7% |
| Total | 8,552 | 7,960 | 7,769 | 7,865 | -2.8% |
Top Suppliers of Veterinary Medicine Vaccines to Kuwait in 2022:
- Cyprus (9.6 tons)
- Italy (6.5 tons)
- United Arab Emirates (6.1 tons)
- Hungary (3.7 tons)
- Netherlands (3.5 tons)
- France (3.4 tons)
- Spain (3.4 tons)
- Mexico (3.0 tons)
- Jordan (2.4 tons)
- United States (2.3 tons)
- South Korea (1.6 tons)
- India (1.4 tons)
- Russia (1.2 tons)
Veterinary Medicine Vaccines Exports in Kuwait
In 2022, after two years of decline, there was significant growth in shipments abroad of vaccines for veterinary medicine, when their volume increased by 61% to 1.6 tons. Overall, exports, however, showed a abrupt slump.
In value terms, veterinary medicine vaccines exports soared to $160K in 2022. In general, exports, however, showed a dramatic downturn.
| Export of Veterinary Medicine Vaccines in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 274 | 211 | 38.1 | 137 | -20.6% |
| Oman | 63.2 | 20.6 | 34.4 | 16.5 | -36.1% |
| United Arab Emirates | 35.2 | 5.4 | 6.4 | 5.2 | -47.1% |
| Bahrain | 7.1 | 1.5 | 2.9 | 1.8 | -36.7% |
| Others | 15.5 | N/A | 0.1 | N/A | -92.0% |
| Total | 395 | 239 | 82.0 | 160 | -26.0% |
Top Export Markets for Veterinary Medicine Vaccines from Kuwait in 2022:
- Qatar (1361.0 kg)
- Oman (162.0 kg)
- United Arab Emirates (52.0 kg)
- Bahrain (16.0 kg)
This report provides an in-depth analysis of the veterinary medicine vaccines market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21202160 - Vaccines for veterinary medicine
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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