Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait - 2022
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait (CIF) - 2022
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait (FOB) - 2022
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait
- Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait (CIF) - 2022
In 2022, the average import price for bovine animals; live, other than pure-bred breeding animalses amounted to $800 per unit, growing by 77% against the previous year. Over the period under review, the import price saw noticeable growth. The pace of growth was the most pronounced in 2014 an increase of 79% against the previous year. Over the period under review, average import prices attained the maximum at $1,499 per unit in 2017; however, from 2018 to 2022, 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 Netherlands ($1,200 per unit), while the price for Djibouti ($238 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Somalia (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait (FOB) - 2022
The average export price for bovine animals; live, other than pure-bred breeding animalses stood at $610 per unit in 2022, surging by 13% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 88%. As a result, the export price attained the peak level of $1,764 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($687 per unit), while the average price for exports to the United Arab Emirates ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait
Imports of bovine animals; live, other than pure-bred breeding animalses into Kuwait skyrocketed to 2K units in 2022, growing by 192% against the previous year. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,427% against the previous year. As a result, imports attained the peak of 4.8K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses soared to $1.6M in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 1,008%. As a result, imports attained the peak of $2.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 207 | 964 | 218 | 1,081 | 73.5% |
Somalia | 6.6 | 376 | 48.0 | 238 | 230.4% |
Australia | 30.5 | 160 | 26.1 | 141 | 66.6% |
Romania | N/A | 11.9 | N/A | 69.7 | 142.0% |
Djibouti | 13.5 | 81.7 | 12.0 | 53.3 | 58.1% |
Denmark | N/A | 1,250 | N/A | N/A | 0% |
Others | 0.5 | 17.3 | 1.4 | 0.6 | 6.3% |
Total | 258 | 2,860 | 306 | 1,583 | 83.1% |
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Kuwait in 2022:
- Netherlands (901.0 units)
- Somalia (602.0 units)
- Djibouti (224.0 units)
- Australia (149.0 units)
- Romania (101.0 units)
Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait
After three years of growth, overseas shipments of bovine animals; live, other than pure-bred breeding animalses decreased by 0% to 12 units in 2022. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 9.1%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of bovine animals; live, other than pure-bred breeding animalses rose sharply to $7.3K in 2022. Overall, exports showed a deep downturn. The exports peaked at $10K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 8.8 | 7.3 | 6.0 | 6.9 | -7.8% |
Saudi Arabia | 1.3 | 0.8 | 0.5 | 0.4 | -32.5% |
United Arab Emirates | 0.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 10.2 | 8.1 | 6.5 | 7.3 | -10.6% |
Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Kuwait in 2022:
- Qatar (10.0 units)
- United Arab Emirates (1.0 units)
- Saudi Arabia (1.0 units)
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