Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in Kuwait - 2022
Contents:
- Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in Kuwait (CIF) - 2022
- Imports of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in Kuwait
Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in Kuwait (CIF) - 2022
In 2022, the average import price for mollusc preparations; clams, cockles and arkshells, prepared or preserveds amounted to $2,210 per ton, picking up by 27% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 74% against the previous year. As a result, import price reached the peak level of $20,100 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
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 South Korea ($6,774 per ton), while the price for Vietnam ($1,777 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 (+71.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in Kuwait
In 2022, approx. 4.1 tons of mollusc preparations; clams, cockles and arkshells, prepared or preserveds were imported into Kuwait; rising by 16% against the year before. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 129%. As a result, imports reached the peak of 5.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of mollusc preparations; clams, cockles and arkshells, prepared or preserveds skyrocketed to $9.1K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 2.5 | 6.3 | 4.1 | 6.4 | 36.8% |
| Thailand | 1.7 | 0.6 | 1.0 | 1.6 | -2.0% |
| China | 0.4 | 0.7 | 0.7 | 0.8 | 26.0% |
| South Korea | 0.1 | 0.8 | 0.4 | 0.4 | 58.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.7 | 8.4 | 6.2 | 9.1 | 24.6% |
Top Suppliers of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved to Kuwait in 2022:
- Vietnam (3.6 tons)
- Thailand (0.3 tons)
- China (0.2 tons)
- South Korea (0.1 tons)
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