Swine; Live Price in Kuwait - 2022

Swine; Live Price in Kuwait (CIF) - 2022

The average swine; live import price stood at $32 per unit in 2022, declining by -13.2% against the previous year. In general, the import price recorded a precipitous curtailment. The growth pace was the most rapid in 2015 an increase of 2.8% against the previous year. As a result, import price attained the peak level of $578 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to -24.8% per year.

Swine; Live Imports in Kuwait

In 2022, purchases abroad of swine; live decreased by -3.4% to 112 units, falling for the second year in a row after two years of growth. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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 -6.7% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 60% against the previous year. As a result, imports attained the peak of 120 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, swine; live imports dropped remarkably to $3.6K in 2022. In general, imports saw a abrupt decrease. The smallest decline of -16.2% was in 2021. Imports peaked at $6.1K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.