Flakes; of Potatoes Price in Kuwait - 2022
Contents:
- Flakes; of Potatoes Price in Kuwait (CIF) - 2021
- Flakes; of Potatoes Price in Kuwait (FOB) - 2022
- Flakes; of Potatoes Imports in Kuwait
- Flakes; of Potatoes Exports in Kuwait
Flakes; of Potatoes Price in Kuwait (CIF) - 2021
In December 2021, the average flakes; of potatoes import price amounted to $2,937 per ton, growing by 16% against the previous month. Overall, the import price showed pronounced growth. The pace of growth was the most pronounced in October 2021 an increase of 71% against the previous month. As a result, import price attained the peak level of $4,727 per ton. From November 2021 to December 2021, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Japan ($13,700 per ton), while the price for India ($1,312 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Flakes; of Potatoes Price in Kuwait (FOB) - 2022
The average flakes; of potatoes export price stood at $2,647 per ton in 2022, jumping by 57% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced contraction. The export price peaked at $3,582 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Spain ($3,608 per ton), while the average price for exports to Qatar ($2,175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+14.2%), while the prices for the other major destinations experienced mixed trend patterns.
Flakes; of Potatoes Imports in Kuwait
Flakes; of potatoes imports into Kuwait rose sharply to 479 tons in 2022, increasing by 14% against the previous year. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 20%. As a result, imports reached the peak of 516 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, flakes; of potatoes imports shrank modestly to $884K in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year.
| Import of Flakes; of Potatoes in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 184 | 225 | 317 | 276 | 14.5% |
| Denmark | 106 | 169 | 157 | 143 | 10.5% |
| Italy | 120 | 135 | 140 | 122 | 0.6% |
| United Kingdom | 8.7 | 21.2 | 75.7 | 78.6 | 108.3% |
| Belgium | 86.3 | 86.7 | 36.2 | 73.4 | -5.3% |
| United Arab Emirates | 128 | 47.2 | 65.3 | 56.8 | -23.7% |
| India | 14.5 | 31.1 | 44.1 | 44.4 | 45.2% |
| Germany | 23.2 | 57.9 | 5.3 | 25.2 | 2.8% |
| Others | 45.6 | 75.6 | 78.4 | 65.3 | 12.7% |
| Total | 717 | 849 | 919 | 884 | 7.2% |
Top Suppliers of Flakes; of Potatoes to Kuwait in 2022:
- Spain (169.2 tons)
- Italy (93.1 tons)
- Belgium (65.5 tons)
- United Kingdom (34.5 tons)
- India (28.5 tons)
- United Arab Emirates (23.6 tons)
- Germany (17.2 tons)
- Denmark (7.7 tons)
Flakes; of Potatoes Exports in Kuwait
In 2022, approx. 5.6 tons of flakes; of potatoeses were exported from Kuwait; jumping by 273% on 2021 figures. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 554% against the previous year. As a result, the exports reached the peak of 9.8 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, flakes; of potatoes exports skyrocketed to $15K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 722% against the previous year. As a result, the exports reached the peak of $27K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Flakes; of Potatoes in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3.0 | 25.3 | 2.4 | 14.1 | 67.5% |
| Spain | 0.2 | 1.5 | 0.1 | 0.6 | 44.2% |
| Qatar | N/A | 0.3 | N/A | 0.1 | -42.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | 27.1 | 2.5 | 14.8 | 64.9% |
Top Export Markets for Flakes; of Potatoes from Kuwait in 2022:
- Saudi Arabia (5.4 tons)
- Spain (0.2 tons)
- Qatar (0.1 tons)
560
Global Dried Potato Flour Market Report 2018. This report provides an in-depth analysis of the global dried potato flour market.
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Global Dried Potato Flour Market Report 2018. This report provides an in-depth analysis of the global dried potato flour market.
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