Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Kuwait - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Kuwait (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Kuwait

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Kuwait (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $12,236 per ton, remaining relatively unchanged against the previous year. In general, the import price, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2018 an increase of 48% against the previous year. Over the period under review, average import prices hit record highs at $12,358 per ton in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($13,995 per ton), while the price for the Netherlands ($4,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Kuwait

After three years of growth, purchases abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -11.9% to 4.9 tons in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 65%.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s fell to $60K in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 109% against the previous year.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/AN/A39.046.619.5%
United Arab Emirates12.331.98.28.1-13.0%
United Kingdom11.118.410.15.1-22.8%
United StatesN/AN/A11.0N/A0%
Others1.00.80.30.1-53.6%
Total24.451.168.659.934.9%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Kuwait in 2022:

  1. Norway (3.3 tons)
  2. United Arab Emirates (1.1 tons)
  3. United Kingdom (0.4 tons)

Source: IndexBox Market Intelligence Platform

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