Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait - 2022

Contents:

  1. Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait (CIF) - 2022
  2. Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait (FOB) - 2022
  3. Imports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait
  4. Exports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait

Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait (CIF) - 2022

The average import price for vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen stood at $1,310 per ton in 2022, which is down by -17.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 8.2%. Over the period under review, average import prices reached the maximum at $1,592 per ton in 2021, and then fell remarkably 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 ($3,286 per ton), while the price for New Zealand ($1,310 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait (FOB) - 2022

In 2022, the average export price for vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen amounted to $1,119 per ton, dropping by -48.5% against the previous year. Overall, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 98%. Over the period under review, the average export prices reached the peak figure at $3,049 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Qatar amounted to +53.1% per year.

Imports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait

In 2022, the amount of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen imported into Kuwait surged to 2.7K tons, jumping by 77% compared with the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen skyrocketed to $3.5M in 2022. Overall, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.3% against 2020 indices.

Import of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1,2101,3938471,3614.0%
New Zealand40563630665017.1%
Belgium4046572974765.6%
Saudi Arabia25.514.33.6360141.7%
Spain15120181.933330.2%
Iran56.716110269.77.1%
India15185.121.345.9-32.8%
Others652776755224-30.0%
Total3,0563,9232,4133,5194.8%

Top Suppliers of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen to Kuwait in 2022:

  1. Egypt (1038.5 tons)
  2. New Zealand (495.9 tons)
  3. Belgium (363.3 tons)
  4. Saudi Arabia (275.0 tons)
  5. Spain (101.2 tons)
  6. Iran (53.2 tons)
  7. India (35.0 tons)

Exports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait

In 2022, shipments abroad of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen decreased by -9.2% to 1.9 tons, falling for the second year in a row after two years of growth. In general, exports showed a perceptible curtailment. The growth pace was the most rapid in 2020 when exports increased by 10%. As a result, the exports reached the peak of 2.2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen dropped sharply to $2.1K in 2022. Over the period under review, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. As a result, the exports reached the peak of $6.9K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Kuwait (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Arab EmiratesN/AN/A2.10%
Iraq2.4N/AN/A0%
Qatar4.5N/AN/A0%
OthersN/A4.5N/A0%
Total6.94.52.1-44.8%

Top Export Markets for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen from Kuwait in 2022:

  1. United Arab Emirates (1.9 tons)

Source: IndexBox Market Intelligence Platform

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