Starch; Manioc (Cassava) Price in Kuwait - 2022
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Starch; Manioc (Cassava) Price in Kuwait (CIF) - 2022
The average starch; manioc (cassava) import price stood at $1,114 per ton in 2022, stabilizing at the previous year. In general, the import price enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 when the average import price increased by 44%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($1,114 per ton), while the price for Thailand ($1,114 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Starch; Manioc (Cassava) Imports in Kuwait
In 2022, purchases abroad of starch; manioc (cassava)s decreased by 0% to 3.5K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 825%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, starch; manioc (cassava) imports totaled $3.9M in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 891% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Starch; Manioc (Cassava) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 3,406 | 0% |
| Thailand | N/A | 95.5 | N/A | 240 | 58.5% |
| Vietnam | N/A | N/A | N/A | 208 | 0% |
| Others | 9.6 | N/A | N/A | N/A | 0% |
| Total | 9.6 | 95.5 | N/A | 3,854 | 637.7% |
Top Suppliers of Starch; Manioc (Cassava) to Kuwait in 2022:
- India (3.1K tons)
- Thailand (0.2K tons)
- Vietnam (0.2K tons)
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