Cereals; Millet, Seed Price in Kuwait - 2021
Contents:
Cereals; Millet, Seed Price in Kuwait (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $325 per ton, standing approx. at the previous year. In general, the import price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of 37% against the previous year. As a result, import price reached the peak level of $596 per ton. 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 the United States ($358 per ton), while the price for India stood at $199 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.5%).
Cereals; Millet, Seed Imports in Kuwait
After two years of decline, purchases abroad of cereals; millet, seeds increased by 8.1% to 285 tons in 2022. Over the period under review, imports, however, showed a pronounced contraction.
In value terms, cereals; millet, seed imports totaled $93K in 2022. Overall, imports, however, saw a abrupt slump.
| Import of Cereals; Millet, Seed in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 74.3 | 88.9 | 50.9 | 70.0 | -2.0% |
| India | 7.7 | 9.6 | 7.4 | 17.2 | 30.7% |
| Pakistan | 24.1 | N/A | N/A | N/A | 0% |
| Ukraine | N/A | N/A | 24.1 | N/A | 0% |
| Others | 2.5 | 1.6 | 2.7 | 5.4 | 29.3% |
| Total | 109 | 100 | 85.1 | 92.6 | -5.3% |
Top Suppliers of Cereals; Millet, Seed to Kuwait in 2022:
- United States (195.4 tons)
- India (86.4 tons)
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