Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait - 2022
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait (CIF) - 2022
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait (FOB) - 2022
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait (CIF) - 2022
The average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $7,595 per ton in 2022, shrinking by -18.7% against the previous year. In general, the import price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2016 an increase of 31% against the previous year. As a result, import price reached the peak level of $13,368 per ton. From 2017 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 the United States ($8,002 per ton), while the price for Iran ($2,733 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait (FOB) - 2022
In 2022, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $7,816 per ton, rising by 6.8% against the previous year. Overall, the export price, however, showed a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 60% against the previous year. Over the period under review, the average export prices reached the maximum at $12,457 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($7,816 per ton), while the average price for exports to Oman amounted to $7,809 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+4.5%), while the prices for the other major destinations experienced a decline.
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait
In 2022, after three years of growth, there was significant decline in supplies from abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8, when their volume decreased by -19.8% to 58 tons. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 reduced dramatically to $438K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 72%.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 159 | 341 | 379 | 247 | 15.8% |
| United States | 2.0 | 20.1 | 35.4 | 39.8 | 171.0% |
| Turkey | N/A | 67.5 | 36.5 | 27.5 | -36.2% |
| Germany | 29.3 | 9.6 | 31.0 | 18.3 | -14.5% |
| Bulgaria | N/A | N/A | 2.6 | 18.1 | 596.2% |
| United Kingdom | 2.6 | 20.0 | 2.6 | 15.3 | 80.5% |
| Thailand | 22.4 | 14.0 | 16.2 | 14.5 | -13.5% |
| Iran | 10.3 | 15.3 | 30.6 | 11.3 | 3.1% |
| Australia | N/A | 1.0 | 0.7 | 10.5 | 224.0% |
| Canada | N/A | N/A | N/A | 9.8 | 0% |
| India | 29.4 | 18.5 | 37.7 | 3.8 | -49.4% |
| France | 33.0 | 3.6 | 4.3 | 2.5 | -57.7% |
| Chile | 24.4 | 3.9 | N/A | N/A | -84.0% |
| Others | 39.1 | 90.2 | 95.0 | 19.6 | -20.6% |
| Total | 352 | 605 | 672 | 438 | 7.6% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Kuwait in 2022:
- United Arab Emirates (30.9 tons)
- United States (5.0 tons)
- Iran (4.1 tons)
- Turkey (3.4 tons)
- Germany (2.3 tons)
- Bulgaria (2.3 tons)
- United Kingdom (1.9 tons)
- Thailand (1.8 tons)
- Australia (1.3 tons)
- Canada (1.2 tons)
- India (0.5 tons)
- France (0.3 tons)
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait
In 2022, approx. 13 tons of nuts, edible; mixtures of nuts or dried fruits of chapter 8 were exported from Kuwait; jumping by 17% compared with the previous year's figure. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 778%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 soared to $99K in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 598% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 4.1 | 21.1 | 78.9 | 97.9 | 188.0% |
| Oman | N/A | 14.5 | N/A | 0.9 | -75.1% |
| United Arab Emirates | 1.4 | 24.2 | N/A | N/A | 1628.6% |
| Jordan | N/A | 4.4 | 0.3 | N/A | -93.2% |
| Bahrain | 4.6 | 6.5 | N/A | N/A | 41.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.1 | 70.7 | 79.3 | 98.8 | 113.9% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Kuwait in 2022:
- Qatar (12.5 tons)
- Oman (0.1 tons)
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