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Kuwait - Refined Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Cotton-Seed Oil Price in Kuwait - 2021
Contents:
- Refined Cotton-Seed Oil Price in Kuwait (CIF) - 2022
- Refined Cotton-Seed Oil Price in Kuwait (FOB) - 2022
- Refined Cotton-Seed Oil Imports in Kuwait
- Refined Cotton-Seed Oil Exports in Kuwait
Refined Cotton-Seed Oil Price in Kuwait (CIF) - 2022
In 2022, the average refined cotton-seed oil import price amounted to $2,433 per ton, picking up by 5.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 79%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 the United Arab Emirates ($3,221 per ton), while the price for Turkey ($545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Refined Cotton-Seed Oil Price in Kuwait (FOB) - 2022
The average refined cotton-seed oil export price stood at $1,224 per ton in 2022, which is down by -4.4% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 20%. Over the period under review, the average export prices reached the maximum at $5,089 per ton in 2014; however, from 2015 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 Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -10.3% per year.
Refined Cotton-Seed Oil Imports in Kuwait
Refined cotton-seed oil imports into Kuwait fell notably to 25 tons in 2022, which is down by -37.8% compared with 2021. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 234% against the previous year. As a result, imports attained the peak of 41 tons, and then dropped dramatically in the following year.
In value terms, refined cotton-seed oil imports fell notably to $62K in 2022. Overall, imports, however, continue to indicate slight growth. The pace of growth appeared the most rapid in 2021 when imports increased by 217%. As a result, imports reached the peak of $94K, and then declined rapidly in the following year.
Import of Refined Cotton-Seed Oil in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 5.0 | 4.8 | 20.4 | 20.3 | 59.5% |
United Arab Emirates | 15.5 | 8.3 | 23.6 | 11.8 | -8.7% |
Egypt | 19.1 | 9.2 | 24.1 | 10.6 | -17.8% |
Turkey | 7.3 | 3.7 | 10.9 | 5.4 | -9.6% |
Spain | 0.4 | 0.3 | 5.5 | 3.5 | 106.1% |
Malaysia | N/A | 3.1 | N/A | N/A | 0% |
France | 9.4 | N/A | N/A | N/A | 0% |
Oman | N/A | N/A | 7.2 | N/A | 0% |
Others | 2.0 | 0.2 | 2.3 | 10.2 | 72.1% |
Total | 58.6 | 29.7 | 94.1 | 61.9 | 1.8% |
Top Suppliers of Refined Cotton-Seed Oil to Kuwait in 2022:
- Turkey (10.0 tons)
- Saudi Arabia (7.0 tons)
- United Arab Emirates (3.7 tons)
- Egypt (3.5 tons)
- Spain (1.2 tons)
Refined Cotton-Seed Oil Exports in Kuwait
After two years of decline, shipments abroad of refined cotton-seed oil increased by 0.7% to 1.9 tons in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern.
In value terms, refined cotton-seed oil exports fell slightly to $2.3K in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 8.2% against the previous year.
Export of Refined Cotton-Seed Oil in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 2.0 | 2.2 | 2.4 | 2.3 | 4.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.0 | 2.2 | 2.4 | 2.3 | 4.8% |
Top Export Markets for Refined Cotton-Seed Oil from Kuwait in 2022:
- Saudi Arabia (1.9 tons)
This report provides an in-depth analysis of the refined cotton-seed oil market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10415500 - Refined cotton-seed oil and its fractions (excluding chemically modified)
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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