Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait - 2022
Contents:
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait (CIF) - 2022
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait (FOB) - 2022
- Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait
- Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait (CIF) - 2022
The average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $2,336 per ton in December 2022, with a decrease of -7.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.4%. The growth pace was the most rapid in January 2022 an increase of 101% against the previous month. Over the period under review, average import prices attained the maximum at $2,931 per ton in May 2022; however, from June 2022 to December 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Pakistan ($3,514 per ton), while the price for Mexico ($2,210 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait (FOB) - 2022
The average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $1,781 per ton in 2022, approximately equating the previous year. Overall, the export price saw a remarkable increase. The growth pace was the most rapid in 2015 an increase of 78% against the previous year. Over the period under review, the average export prices hit record highs at $1,991 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($1,781 per ton), while the average price for exports to the United Arab Emirates totaled $1,776 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait
In 2022, overseas purchases of leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by -67.1% to 2.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a significant curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 30%.
In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds dropped dramatically to $5.1M in 2022. Over the period under review, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 44%. As a result, imports reached the peak of $12M, and then declined rapidly in the following year.
| Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,152 | 1,659 | 1,275 | 1,163 | 0.3% |
| United Arab Emirates | 933 | 85.9 | 492 | 927 | -0.2% |
| Saudi Arabia | 1,012 | 856 | 6,472 | 519 | -20.0% |
| Lebanon | 383 | 3,377 | 1,521 | 376 | -0.6% |
| Kenya | 358 | 351 | 297 | 365 | 0.6% |
| Jordan | 188 | 282 | 330 | 319 | 19.3% |
| Russia | N/A | N/A | N/A | 222 | 0% |
| Egypt | 365 | 221 | 160 | 180 | -21.0% |
| Bangladesh | 882 | 347 | 92.8 | 158 | -43.6% |
| United Kingdom | 247 | 120 | 114 | N/A | -32.1% |
| Others | 868 | 707 | 814 | 880 | 0.5% |
| Total | 6,388 | 8,006 | 11,568 | 5,110 | -7.2% |
Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Kuwait in 2022:
- India (441.9 tons)
- United Arab Emirates (392.6 tons)
- Jordan (323.6 tons)
- Saudi Arabia (218.8 tons)
- Lebanon (133.5 tons)
- Kenya (119.8 tons)
- Russia (100.4 tons)
- Egypt (66.6 tons)
- Bangladesh (56.2 tons)
Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait
In 2022, shipments abroad of leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by 0% to 7.1 tons, falling for the second year in a row after two years of growth. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 584%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds totaled $13K in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 386%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | 0.1 | N/A | 12.5 | 1018.0% |
| United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
| Iraq | 0.1 | 0.5 | N/A | N/A | 400.0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 0.1 | 0.7 | N/A | 12.7 | 402.7% |
Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Kuwait in 2022:
- Saudi Arabia (7.0 tons)
- United Arab Emirates (0.1 tons)
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