Report Update Apr 1, 2024

Kuwait - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in Kuwait

The Kuwaiti frozen catfish fillets market reduced markedly to $X in 2020, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt curtailment. The growth pace was the most rapid in 2018 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Frozen Catfish Fillets Exports

Exports from Kuwait

In 2020, the amount of frozen catfish fillets exported from Kuwait was estimated at X kg, approximately mirroring the year before. Overall, exports continue to indicate a relatively flat trend pattern. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, frozen catfish fillets exports totaled $X in 2020. In general, exports showed a relatively flat trend pattern. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Iraq (X tons) was the main destination for frozen catfish fillets exports from Kuwait, accounting for a X% share of total exports. Moreover, frozen catfish fillets exports to Iraq exceeded the volume sent to the second major destination, Lebanon (X tons), ninefold.

From 2007 to 2018, the average annual growth rate of volume to Iraq was relatively modest.

In value terms, the largest markets for frozen catfish fillets exported from Kuwait were Iraq ($X) and Lebanon ($X recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2018, the average frozen catfish fillets export price amounted to $X per ton, flattening at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, average export prices attained the maximum in 2018 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Lebanon ($X per ton), while the average price for exports to Iraq stood at $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Iraq.

Frozen Catfish Fillets Imports

Imports into Kuwait

In 2020, frozen catfish fillets imports into Kuwait reduced markedly to X tons, which is down by -X% compared with the year before. Over the period under review, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, frozen catfish fillets imports declined rapidly to $X in 2020. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Vietnam (X tons) was the main supplier of frozen catfish fillets to Kuwait, with a X% share of total imports. It was followed by Thailand (X tons), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Vietnam amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-X% per year) and the United Arab Emirates (+X% per year).

In value terms, Vietnam ($X) constituted the largest supplier of frozen catfish fillets to Kuwait, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Vietnam totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Thailand (-X% per year).

Import Prices by Country

In 2020, the average frozen catfish fillets import price amounted to $X per ton, rising by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen catfish fillets in the world?

China remains the largest frozen catfish fillets consuming country worldwide, accounting for 25% of total volume. Moreover, frozen catfish fillets consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the U.S., with a 7.9% share.

What are the largest producers of frozen catfish fillets in the world?

Vietnam remains the largest frozen catfish fillets producing country worldwide, accounting for 31% of total volume. Moreover, frozen catfish fillets production in Vietnam exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by China, with a 11% share.

What are the leading suppliers of frozen catfish fillets to Kuwait?

In value terms, Vietnam constituted the largest supplier of frozen catfish fillets to Kuwait, comprising 98% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 1% share of total imports.

What are the leading importers of frozen catfish fillets from Kuwait?

In value terms, the largest markets for frozen catfish fillets exported from Kuwait were Iraq and Lebanon.

What is the average export price for frozen catfish fillets in Kuwait?

In 2018, the average frozen catfish fillets export price amounted to $635 per ton, remaining constant against the previous year.

What is the average import price for frozen catfish fillets in Kuwait?

In 2020, the average frozen catfish fillets import price amounted to $3,589 per ton, with an increase of 13% against the previous year.

This report provides an in-depth analysis of the frozen catfish fillets 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 2025.

Product coverage:

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:

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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