Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Kuwait - 2022

Contents:

1. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Kuwait (CIF) - 2022
2. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Kuwait (FOB) - 2022
3. Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Kuwait
4. Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Kuwait

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Kuwait (CIF) - 2022

In 2022, the average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $2.7 per unit, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2014 an increase of 19%. As a result, import price attained the peak level of $3 per unit. From 2015 to 2022, the average 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 Hungary ($5.3 per unit), while the price for Turkey ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Kuwait (FOB) - 2022

In 2022, the average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $2.3 per unit, dropping by -4.2% against the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 40%. The export price peaked at $5 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($4 per unit), while the average price for exports to the United Arab Emirates ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (-1.9%), while the prices for the other major destinations experienced a decline.

Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Kuwait

Imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat into Kuwait shrank remarkably to 1M units in 2022, with a decrease of -36.4% on 2021 figures. In general, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 268%. As a result, imports reached the peak of 1.6M units, and then fell rapidly in the following year.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat shrank sharply to $2.9M in 2022. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 283%. As a result, imports attained the peak of $4.5M, and then shrank rapidly in the following year.

Top Suppliers of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g to Kuwait in 2022:

1. Saudi Arabia (527.7K units)
2. Turkey (304.1K units)
3. Belgium (79.1K units)
4. United States (63.2K units)
5. Netherlands (35.5K units)
6. Hungary (18.6K units)
7. United Arab Emirates (4.8K units)

Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Kuwait

In 2022, overseas shipments of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat decreased by -13.5% to 96 units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous decline. The pace of growth was the most pronounced in 2020 with an increase of 341%. As a result, the exports attained the peak of 5.7K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat reduced sharply to $218 in 2022. Overall, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 472% against the previous year. As a result, the exports attained the peak of $17K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g from Kuwait in 2022:

1. Iraq (68.0 units)
2. Qatar (14.0 units)
3. Bahrain (9.0 units)
4. Oman (2.0 units)
5. Saudi Arabia (1.0 units)
6. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform