Report Update Apr 1, 2024

Kuwait - Dried or Salted Fish - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Market for Dried Or Salted Fish 2024

Market Size for Dried Or Salted Fish in Kuwait

After two years of growth, the Kuwaiti dried or salted fish market decreased by X% to $X in 2022. Over the period under review, consumption saw a noticeable slump. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Dried Or Salted Fish in Kuwait

In value terms, dried or salted fish production stood at $X in 2022 estimated in export price. Overall, production recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Dried Or Salted Fish

Exports from Kuwait

In 2022, approx. X kg of dried or salted fish were exported from Kuwait; declining by X% on 2021. In general, exports faced a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then dropped dramatically in the following year.

In value terms, dried or salted fish exports declined sharply to $X in 2022. Over the period under review, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

Hong Kong SAR (X kg) was the main destination for dried or salted fish exports from Kuwait, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR totaled X%.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for dried or salted fish exports from Kuwait.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR stood at X%.

Export Prices by Country

In 2022, the average dried or salted fish export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to X% per year.

Imports of Dried Or Salted Fish

Imports into Kuwait

In 2022, imports of dried or salted fish into Kuwait fell markedly to X tons, dropping by X% compared with 2021. Overall, imports showed a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, dried or salted fish imports declined markedly to $X in 2022. Over the period under review, imports showed a noticeable contraction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

Iran (X tons), Sri Lanka (X tons) and Thailand (X tons) were the main suppliers of dried or salted fish imports to Kuwait, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), Thailand ($X) and Myanmar ($X) constituted the largest dried or salted fish suppliers to Kuwait, together accounting for X% of total imports. Egypt, India, Iran and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Iran, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dried or salted fish import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price showed mild growth. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 India ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dried or salted fish in the world?

The countries with the highest volumes of consumption in 2023 were Indonesia, China and the Philippines, with a combined 39% share of global consumption. India, the United States, Portugal, Japan, Russia, Germany, Angola and Pakistan lagged somewhat behind, together comprising a further 24%.

What are the largest producers of dried or salted fish in the world?

The countries with the highest volumes of production in 2022 were Indonesia, China and the Philippines, together comprising 38% of global production. India, the United States, Japan, Norway, Germany, Russia, Angola, Portugal and Pakistan lagged somewhat behind, together accounting for a further 24%.

What are the leading suppliers of dried or salted fish to Kuwait?

In value terms, Sri Lanka, Thailand and Myanmar appeared to be the largest dried or salted fish suppliers to Kuwait, with a combined 39% share of total imports. Egypt, India, Iran and the Philippines lagged somewhat behind, together comprising a further 27%.

What are the leading importers of dried or salted fish from Kuwait?

In value terms, Hong Kong SAR $484) emerged as the key foreign market for dried or salted fish exports from Kuwait.

What is the average export price for dried or salted fish in Kuwait?

In 2022, the average dried or salted fish export price amounted to $3,872 per ton, rising by 14% against the previous year.

What is the average import price for dried or salted fish in Kuwait?

The average dried or salted fish import price stood at $3,495 per ton in 2022, rising by 26% against the previous year.

This report provides an in-depth analysis of the market for dried or salted fish 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 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023