Kuwait: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in Kuwait

In 2022, the Kuwaiti frozen poultry liver market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption continues to indicate a significant expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Frozen Poultry Liver Exports

Exports from Kuwait

In 2022, frozen poultry liver exports from Kuwait shrank to X tons, declining by X% on the previous year. Overall, exports, however, continue to indicate pronounced growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen poultry liver exports shrank rapidly to $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for frozen poultry liver exports from Kuwait, with a X% share of total exports. Moreover, frozen poultry liver exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold. The third position in this ranking was held by Brazil (X tons), with a X% share.

From 2013 to 2022, the average annual growth rate of volume to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Brazil (X% per year).

In value terms, Qatar ($X) emerged as the key foreign market for frozen poultry livers and offal exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value to Qatar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average frozen poultry liver export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

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

Frozen Poultry Liver Imports

Imports into Kuwait

In 2022, purchases abroad of frozen poultry livers and offal was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen poultry liver imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of frozen poultry liver to Kuwait, accounting for a X% share of total imports. Moreover, frozen poultry liver imports from Brazil exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2013 to 2022, the average annual growth rate of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the United States (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen poultry livers and offal to Kuwait, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total imports. It was followed by the United States, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average frozen poultry liver import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices attained the maximum 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 Saudi Arabia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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