Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait - 2022

Contents:

  1. Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait (CIF) - 2022
  2. Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait (FOB) - 2022
  3. Imports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait
  4. Exports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait

Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait (CIF) - 2022

The average import price for animals; live, birds, other than birds of prey and psittaciformeses stood at $34 per unit in 2022, jumping by 32% against the previous year. Over the period under review, the import price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37%. The import price peaked at $96 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($234 per unit), while the price for Pakistan ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (-2.3%), while the prices for the other major suppliers experienced a decline.

Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait (FOB) - 2022

In 2022, the average export price for animals; live, birds, other than birds of prey and psittaciformeses amounted to $10 per unit, falling by -19.6% against the previous year. Overall, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 38%. The export price peaked at $22 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($15 per unit) and Qatar ($15 per unit), while the average price for exports to Maldives ($10 per unit) and Jordan ($10 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait

In 2022, overseas purchases of animals; live, birds, other than birds of prey and psittaciformeses decreased by -35.3% to 55K units, falling for the second year in a row after two years of growth. In general, imports saw a precipitous descent. The pace of growth was the most pronounced in 2020 when imports increased by 110% against the previous year. As a result, imports reached the peak of 258K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of animals; live, birds, other than birds of prey and psittaciformeses fell to $1.8M in 2022. Over the period under review, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 35% against the previous year. As a result, imports reached the peak of $4.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,2659067741,029-6.7%
United Arab Emirates5272,421611485-2.7%
Pakistan88.117.416142.3-21.7%
Bahrain54.438.839.641.2-8.8%
Netherlands45234034.029.1-59.9%
LebanonN/A30728.327.0-70.3%
Iran729473142N/A-55.9%
Others429292367192-23.5%
Total3,5444,7952,1561,846-19.5%

Top Suppliers of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes to Kuwait in 2022:

  1. United Arab Emirates (21.3K units)
  2. Pakistan (16.4K units)
  3. Bahrain (7.5K units)
  4. Belgium (4.4K units)
  5. Lebanon (1.2K units)
  6. Netherlands (0.4K units)

Exports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait

For the fourth year in a row, Kuwait recorded growth in shipments abroad of animals; live, birds, other than birds of prey and psittaciformeses, which increased by 16% to 130K units in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 56% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of animals; live, birds, other than birds of prey and psittaciformeses declined to $1.3M in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 60%. Over the period under review, the exports of hit record highs at $1.4M in 2021, and then reduced in the following year.

Export of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain25145271.01,04660.9%
United Arab Emirates72.511916214225.1%
Thailand14.848.522.579.675.2%
Maldives2.0N/A24.631.3150.1%
Jordan14.742.513.124.218.1%
Qatar27134167.819.2-58.6%
Saudi ArabiaN/A20.21,069N/A5192.1%
Others34.233.610.26.5-42.5%
Total6601,0571,4411,34926.9%

Top Export Markets for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes from Kuwait in 2022:

  1. Bahrain (102.6K units)
  2. United Arab Emirates (13.9K units)
  3. Thailand (5.2K units)
  4. Maldives (3.1K units)
  5. Jordan (2.4K units)
  6. Qatar (1.3K units)

Source: IndexBox Market Intelligence Platform

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