Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Kuwait - 2022
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Kuwait (CIF) - 2022
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | N/A | N/A | 39.0 | 46.6 | 19.5% |
United Arab Emirates | 12.3 | 31.9 | 8.2 | 8.1 | -13.0% |
United Kingdom | 11.1 | 18.4 | 10.1 | 5.1 | -22.8% |
United States | N/A | N/A | 11.0 | N/A | 0% |
Others | 1.0 | 0.8 | 0.3 | 0.1 | -53.6% |
Total | 24.4 | 51.1 | 68.6 | 59.9 | 34.9% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Kuwait in 2022:
- Norway (3.3 tons)
- United Arab Emirates (1.1 tons)
- United Kingdom (0.4 tons)
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