Kuwait: Chicken Egg Market 2024

Chicken Egg Market Size in Kuwait

The Kuwaiti chicken egg market contracted to $X in 2022, declining by X% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. Chicken egg consumption peaked at $X in 2021, and then contracted in the following year.

Chicken Egg Production in Kuwait

In value terms, chicken egg production shrank slightly to $X in 2022 estimated in export price. In general, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Chicken egg production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Chicken Egg Exports

Exports from Kuwait

In 2022, approx. X tons of chicken eggs were exported from Kuwait; picking up by X% against the year before. In general, exports showed resilient growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, chicken egg exports soared to $X in 2022. Overall, exports showed a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Bahrain (X tons), Qatar (X tons) and the United Arab Emirates (X tons) were the main destinations of chicken egg exports from Kuwait, together comprising X% of total exports.

From 2013 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chicken egg exported from Kuwait were Bahrain ($X), Qatar ($X) and the United Arab Emirates ($X), together comprising X% of total exports.

Bahrain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average chicken egg export price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Oman ($X per ton) and Bahrain ($X per ton), while the average price for exports to Qatar ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

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

Chicken Egg Imports

Imports into Kuwait

In 2022, after four years of growth, there was significant decline in supplies from abroad of chicken eggs, when their volume decreased by X% to X tons. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, chicken egg imports shrank dramatically to $X in 2022. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest chicken egg supplier to Kuwait, accounting for a X% share of total imports. Moreover, chicken egg imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Saudi Arabia (X tons) ranked third in terms of total imports with an X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Saudi Arabia (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of chicken eggs to Kuwait, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Jordan, with an X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Jordan (X% per year).

Import Prices by Country

The average chicken egg import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2016 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 Turkey ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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