Price for Mollusc Preparations; Oysters, Prepared or Preserved in Kuwait - 2022
Contents:
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in Kuwait (CIF) - 2022
- Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Kuwait
Price for Mollusc Preparations; Oysters, Prepared or Preserved in Kuwait (CIF) - 2022
In 2022, the average import price for mollusc preparations; oysters, prepared or preserveds amounted to $13,324 per ton, increasing by 3.5% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; oysters, prepared or preserveds increased by +70.4% against 2015 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 39%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($30,000 per ton), while the price for the United States ($5,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Kuwait
In 2022, imports of mollusc preparations; oysters, prepared or preserveds into Kuwait declined slightly to 281 kg, which is down by -4.1% against the previous year. In general, imports continue to indicate a deep downturn.
In value terms, imports of mollusc preparations; oysters, prepared or preserveds fell to $3.7K in 2022. Overall, imports showed a relatively flat trend pattern. The smallest decline of -0.7% was in 2021.
| Import of Mollusc Preparations; Oysters, Prepared or Preserved in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2,420 | 2,908 | 2,589 | 2,987 | 7.3% |
| India | 852 | 191 | 155 | 306 | -28.9% |
| Hong Kong SAR | N/A | N/A | N/A | 284 | 0% |
| China | 173 | 71.0 | 48.0 | 60.0 | -29.7% |
| South Korea | 97.0 | 57.0 | 30.0 | 41.0 | -25.0% |
| United Arab Emirates | N/A | 371 | N/A | 1.0 | -94.8% |
| New Zealand | N/A | N/A | 625 | N/A | 0% |
| Philippines | 110 | N/A | N/A | N/A | 0% |
| Others | 175 | 200 | 325 | 65.0 | -28.1% |
| Total | 3,827 | 3,798 | 3,772 | 3,744 | -0.7% |
Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to Kuwait in 2022:
- Turkey (222.0 kg)
- India (23.0 kg)
- Hong Kong SAR (21.0 kg)
- South Korea (5.0 kg)
- China (2.0 kg)
- United Arab Emirates (1.0 kg)
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