Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Kuwait - 2022
Contents:
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Kuwait (CIF) - 2022
- Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Kuwait
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Kuwait (CIF) - 2022
In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $4,085 per ton, waning by -36.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 140% against the previous year. Over the period under review, average import prices reached the peak figure at $6,415 per ton in 2021, and then reduced dramatically in the following year.
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 Spain ($12,336 per ton), while the price for Ghana ($1,400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Kuwait
For the third consecutive year, Kuwait recorded decline in overseas purchases of oleaginous fruits; palm nuts and kernels, whether or not broken, which decreased by -9.4% to 819 kg in 2022. Over the period under review, imports saw a dramatic curtailment.
In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken dropped significantly to $3.3K in 2022. In general, imports faced a dramatic downturn. The smallest decline of -3.6% was in 2021.
| Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 3.1 | 1.7 | -45.2% |
| India | 2.9 | 1.4 | 2.6 | 1.5 | -19.7% |
| Ghana | 18.7 | 4.1 | 0.2 | 0.2 | -78.0% |
| Iran | 155 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.6 | N/A | N/A | 0% |
| Total | 176 | 6.0 | 5.8 | 3.3 | -73.4% |
Top Suppliers of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken to Kuwait in 2022:
- India (537.0 kg)
- Ghana (145.0 kg)
- Spain (137.0 kg)
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