Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Kuwait - 2022

Contents:

  1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Kuwait (FOB) - 2022
  2. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Kuwait

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Kuwait (FOB) - 2022

In 2022, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $912 per ton, increasing by 18% against the previous year. Over the period under review, the export price enjoyed a slight expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 142%. As a result, the export price reached the peak level of $1,065 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($2,844 per ton), while the average price for exports to Saudi Arabia ($558 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+15.9%), while the prices for the other major destinations experienced a decline.

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Kuwait

In 2022, shipments abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes was finally on the rise to reach 34 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a significant contraction.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes skyrocketed to $31K in 2022. Overall, exports, however, continue to indicate a dramatic curtailment.

Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates36.815.911.617.0-22.7%
Iraq4,27518.010.412.0-85.9%
Bahrain3.61.51.01.4-27.0%
Saudi Arabia1.30.40.20.3-38.7%
Others6.140.10.7N/A-66.1%
Total4,32375.923.930.7-80.8%

Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Kuwait in 2022:

  1. United Arab Emirates (26.9 tons)
  2. Iraq (4.2 tons)
  3. Bahrain (2.0 tons)
  4. Saudi Arabia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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