Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait - 2022
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait (CIF) - 2022
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait (FOB) - 2022
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait
- Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait (CIF) - 2022
The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $8,605 per ton in 2022, remaining stable against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 cheese, blue-veined (not grated, powdered or processed) increased by +79.5% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 53% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 France ($15,783 per ton), while the price for the UK ($8,026 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait (FOB) - 2022
The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $5,330 per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2017 an increase of 11%. Over the period under review, the average export prices reached the peak figure at $5,405 per ton in 2021, and then fell modestly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($16,464 per ton), while the average price for exports to Qatar stood at $4,943 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+23.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait
In 2022, imports of cheese, blue-veined (not grated, powdered or processed) into Kuwait reduced to 19 tons, waning by -13.1% on the year before. In general, imports showed a dramatic setback.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) fell to $167K in 2022. Overall, imports continue to indicate a precipitous curtailment.
Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 38.1 | 51.2 | 56.1 | 74.1 | 24.8% |
United States | 30.2 | 12.1 | 50.3 | 47.7 | 16.5% |
France | 39.2 | 38.8 | 19.7 | 22.7 | -16.6% |
Italy | 5.4 | 1.2 | 0.6 | 15.4 | 41.8% |
Switzerland | 3.7 | 4.0 | 2.2 | 5.1 | 11.3% |
United Kingdom | 55.7 | 11.9 | 3.6 | 1.9 | -67.6% |
Syrian Arab Republic | 29.7 | 37.4 | 20.1 | N/A | -17.7% |
Saudi Arabia | 68.6 | 63.5 | 26.5 | N/A | -37.8% |
Bahrain | 412 | N/A | N/A | N/A | 0% |
Others | 16.0 | 14.3 | 12.4 | 0.2 | -76.8% |
Total | 699 | 234 | 191 | 167 | -37.9% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Kuwait in 2022:
- Denmark (9.2 tons)
- United States (5.9 tons)
- Italy (1.9 tons)
- France (1.4 tons)
- Switzerland (0.6 tons)
- United Kingdom (0.2 tons)
Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait
After two years of decline, overseas shipments of cheese, blue-veined (not grated, powdered or processed) increased by 7% to 2.9 tons in 2022. Overall, exports, however, continue to indicate a deep downturn.
In value terms, exports of cheese, blue-veined (not grated, powdered or processed) rose notably to $15K in 2022. In general, exports, however, recorded a abrupt setback.
Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 13.5 | 15.5 | 13.0 | 13.8 | 0.7% |
Bahrain | 2.5 | 0.7 | 1.5 | 1.6 | -13.8% |
Saudi Arabia | 1.9 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 17.9 | 16.2 | 14.6 | 15.4 | -4.9% |
Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Kuwait in 2022:
- Qatar (2.8 tons)
- Bahrain (0.1 tons)
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