Price for Pectic Substances; Pectinates and Pectates in Kuwait - 2021
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Kuwait (CIF) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Kuwait
Price for Pectic Substances; Pectinates and Pectates in Kuwait (CIF) - 2022
The average import price for pectic substances; pectinates and pectateses stood at $8,736 per ton in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2015 an increase of 18% against the previous year. As a result, import price attained the peak level of $11,463 per ton. From 2016 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 Denmark ($23,218 per ton), while the price for France ($3,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+13.7%), while the prices for the other major suppliers experienced a decline.
Imports of Pectic Substances; Pectinates and Pectates in Kuwait
In 2022, supplies from abroad of pectic substances; pectinates and pectateses decreased by -18.9% to 2.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, imports attained the peak of 2.8 tons, and then dropped remarkably in the following year.
In value terms, pectic substances; pectinates and pectates imports declined sharply to $20K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of $24K, and then fell remarkably in the following year.
| Import of Pectic Substances; Pectinates and Pectates in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 6.6 | 6.5 | 11.5 | 8.8 | 10.1% |
| France | 0.3 | 2.6 | 3.9 | 2.5 | 102.7% |
| United Arab Emirates | 1.1 | 1.1 | 2.1 | 1.8 | 17.8% |
| Czech Republic | 0.8 | 1.6 | 1.5 | 1.3 | 17.6% |
| Spain | 0.1 | 0.1 | 0.5 | 0.5 | 71.0% |
| Germany | 0.1 | 0.2 | 0.5 | 0.4 | 58.7% |
| Ireland | N/A | 0.6 | N/A | 0.2 | -42.3% |
| India | N/A | N/A | 1.0 | N/A | 0% |
| Saudi Arabia | N/A | 1.6 | N/A | N/A | 0% |
| Others | 1.1 | 1.0 | 3.5 | 4.4 | 58.7% |
| Total | 10.1 | 15.3 | 24.4 | 19.8 | 25.2% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Kuwait in 2022:
- France (789.0 kg)
- Denmark (377.0 kg)
- United Arab Emirates (219.0 kg)
- Czech Republic (206.0 kg)
- Spain (45.0 kg)
- Ireland (38.0 kg)
- Germany (26.0 kg)
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