Price for Animal Products; Bovine Semen in Kuwait - 2021
Contents:
- Price for Animal Products; Bovine Semen in Kuwait (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Kuwait
Price for Animal Products; Bovine Semen in Kuwait (CIF) - 2022
The average animal products; bovine semen import price stood at $317 per unit in 2022, surging by 12% against the previous year. Overall, the import price, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2017 an increase of 52% against the previous year. As a result, import price attained the peak level of $603 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($714 per unit), while the price for France ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Kuwait
In 2022, purchases abroad of animal products; bovine semens decreased by -6.3% to 593 units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 633 units, and then contracted in the following year.
In value terms, animal products; bovine semen imports rose sharply to $188K in 2022. In general, imports saw a pronounced reduction. Imports peaked at $204K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Animal Products; Bovine Semen in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 111 | 81.7 | 82.3 | 81.4 | -9.8% |
| United Kingdom | 1.0 | 31.9 | 23.6 | 26.3 | 197.4% |
| Canada | 54.9 | 16.1 | 19.2 | 25.4 | -22.7% |
| Germany | 14.6 | 25.7 | 9.0 | 14.0 | -1.4% |
| Netherlands | 4.7 | 5.9 | 7.5 | 13.5 | 42.1% |
| Belgium | 0.5 | 0.1 | 3.9 | 4.3 | 104.9% |
| Qatar | 0.5 | 0.5 | 3.4 | 3.8 | 96.6% |
| Slovenia | N/A | N/A | 5.3 | N/A | 0% |
| Others | 16.5 | 34.9 | 24.6 | 19.0 | 4.8% |
| Total | 204 | 197 | 179 | 188 | -2.7% |
Top Suppliers of Animal Products; Bovine Semen to Kuwait in 2022:
- United Kingdom (125.0 units)
- United States (114.0 units)
- Netherlands (64.0 units)
- Qatar (53.0 units)
- Germany (50.0 units)
- Canada (41.0 units)
- Belgium (20.0 units)
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