Price for Reptiles; Live (Including Snakes and Turtles) in Kuwait - 2022

Contents:

1. Price for Reptiles; Live (Including Snakes and Turtles) in Kuwait (CIF) - 2022
2. Price for Reptiles; Live (Including Snakes and Turtles) in Kuwait (FOB) - 2022
3. Imports of Reptiles; Live (Including Snakes and Turtles) in Kuwait
4. Exports of Reptiles; Live (Including Snakes and Turtles) in Kuwait

Price for Reptiles; Live (Including Snakes and Turtles) in Kuwait (CIF) - 2022

The average import price for reptiles; live (including snakes and turtles)s stood at $4.8 per unit in 2022, standing approx. at the previous year. Over the period under review, import price indicated a pronounced expansion from 2013 to 2022: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for reptiles; live (including snakes and turtles)s increased by +6.8% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 85%. Over the period under review, average import prices hit record highs at $6.8 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($59 per unit), while the price for China ($2.8 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Reptiles; Live (Including Snakes and Turtles) in Kuwait (FOB) - 2022

The average export price for reptiles; live (including snakes and turtles)s stood at $5.2 per unit in 2022, with an increase of 12% against the previous year. In general, the export price saw perceptible growth. The pace of growth was the most pronounced in 2015 an increase of 172%. As a result, the export price attained the peak level of $9.7 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6.3 per unit), while the average price for exports to Bahrain ($2.8 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+46.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reptiles; Live (Including Snakes and Turtles) in Kuwait

For the fourth year in a row, Kuwait recorded growth in supplies from abroad of reptiles; live (including snakes and turtles)s, which increased by 150% to 150K units in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of reptiles; live (including snakes and turtles)s skyrocketed to $718K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Reptiles; Live (Including Snakes and Turtles) to Kuwait in 2022:

1. China (119.2K units)
2. Syrian Arab Republic (14.4K units)
3. Singapore (8.8K units)
4. Egypt (3.3K units)

Exports of Reptiles; Live (Including Snakes and Turtles) in Kuwait

In 2022, the amount of reptiles; live (including snakes and turtles)s exported from Kuwait soared to 25K units, with an increase of 79% compared with 2021. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,177%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of reptiles; live (including snakes and turtles)s soared to $127K in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,976%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Top Export Markets for Reptiles; Live (Including Snakes and Turtles) from Kuwait in 2022:

1. Saudi Arabia (11.9K units)
2. United States (7.8K units)
3. Bahrain (2.5K units)
4. South Korea (2.5K units)

Source: IndexBox Market Intelligence Platform