Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kuwait - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kuwait (CIF) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kuwait
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kuwait (CIF) - 2022
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $31,058 per ton in 2022, picking up by 78% against the previous year. Over the period under review, the import price showed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($187,564 per ton), while the price for the United States ($14,070 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+179.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kuwait
In 2022, supplies from abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -86.1% to 1.4 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 450%. As a result, imports reached the peak of 13 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s fell dramatically to $42K in 2022. Over the period under review, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 612% against the previous year. As a result, imports reached the peak of $206K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 14.9 | 9.8 | 18.9 | 12.6% |
| United States | 8.2 | 121 | 102 | 14.7 | 21.5% |
| Norway | 0.6 | 2.0 | 2.5 | 8.7 | 143.8% |
| Sweden | 10.3 | 12.5 | 1.0 | N/A | -68.8% |
| India | 2.7 | 30.3 | 26.1 | N/A | 210.9% |
| United Arab Emirates | 0.8 | 1.1 | 0.3 | N/A | -38.8% |
| Others | 6.3 | 23.7 | 29.2 | N/A | 115.3% |
| Total | 28.9 | 206 | 171 | 42.4 | 13.6% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Kuwait in 2022:
- United States (1045.0 kg)
- Norway (218.0 kg)
- Italy (101.0 kg)
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This report provides an in-depth analysis of the market for fish fat and oil in Kuwait.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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This report provides an in-depth analysis of the market for fish fat and oil in Kuwait.
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This report provides an in-depth analysis of the global market for fish fat and oil.
589
Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
