Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Kuwait - 2022

Contents:

1. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Kuwait (CIF) - 2022
2. Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Kuwait (FOB) - 2022
3. Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Kuwait
4. Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Kuwait

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Kuwait (CIF) - 2022

In 2022, the average import price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants amounted to $0.2 per unit, growing by 4.9% against the previous year. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 73%. Over the period under review, average import prices reached the peak figure at $0.3 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($0.4 per unit), while the price for Egypt stood at $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.7%).

Price for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Kuwait (FOB) - 2022

The average export price for plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants stood at $0.7 per unit in 2022, picking up by 72% against the previous year. Over the period under review, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 an increase of 94% against the previous year. Over the period under review, the average export prices reached the peak figure at $0.8 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +5.4% per year.

Imports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Kuwait

Imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants into Kuwait declined sharply to 2.4M units in 2022, dropping by -37.3% on 2021. Over the period under review, imports, however, showed a modest increase. The most prominent rate of growth was recorded in 2021 when imports increased by 285% against the previous year. As a result, imports attained the peak of 3.8M units, and then reduced notably in the following year.

In value terms, imports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants declined rapidly to $452K in 2022. Overall, imports, however, continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2021 when imports increased by 217%. As a result, imports attained the peak of $687K, and then shrank notably in the following year.

Top Suppliers of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant to Kuwait in 2022:

1. Netherlands (0.6M units)

Exports of Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant in Kuwait

In 2022, after three years of growth, there was significant decline in overseas shipments of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants, when their volume decreased by -41.1% to 2.3K units. Overall, exports, however, posted a moderate expansion. The growth pace was the most rapid in 2021 with an increase of 77% against the previous year. As a result, the exports attained the peak of 3.9K units, and then reduced sharply in the following year.

In value terms, exports of plants, live; bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormants rose modestly to $1.5K in 2022. Over the period under review, exports showed a mild reduction. The exports peaked at $1.6K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Plants, Live; Bulbs, Tubers, Tuberous Roots, Corms, Crowns and Rhizomes, Dormant from Kuwait in 2022:

1. Iraq (2.3K units)

Source: IndexBox Market Intelligence Platform