Price for Plants, Live; Unrooted Cuttings and Slips in Kuwait - 2022

Contents:

1. Price for Plants, Live; Unrooted Cuttings and Slips in Kuwait (CIF) - 2022
2. Price for Plants, Live; Unrooted Cuttings and Slips in Kuwait (FOB) - 2022
3. Imports of Plants, Live; Unrooted Cuttings and Slips in Kuwait
4. Exports of Plants, Live; Unrooted Cuttings and Slips in Kuwait

Price for Plants, Live; Unrooted Cuttings and Slips in Kuwait (CIF) - 2022

In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $2.2 per unit, shrinking by -35.7% against the previous year. In general, the import price recorded a perceptible decrease. The pace of growth was the most pronounced in 2017 when the average import price increased by 1,727% against the previous year. As a result, import price reached the peak level of $5.4 per unit. From 2018 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 Bahrain ($11 per unit), while the price for Thailand ($1.6 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Plants, Live; Unrooted Cuttings and Slips in Kuwait (FOB) - 2022

In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to less than $0.1 per unit, reducing by -94.1% against the previous year. Overall, the export price faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 71%. Over the period under review, the average export prices attained the maximum at $0.7 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +6.1% per year.

Imports of Plants, Live; Unrooted Cuttings and Slips in Kuwait

In 2022, imports of plants, live; unrooted cuttings and slipses into Kuwait soared to 66K units, jumping by 129% against the year before. In general, imports, however, faced a dramatic shrinkage. Over the period under review, imports of hit record highs at 175K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of plants, live; unrooted cuttings and slipses soared to $148K in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 153% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Kuwait in 2022:

1. Spain (42.0K units)
2. Thailand (5.2K units)
3. Indonesia (4.9K units)
4. Oman (1.4K units)
5. Bahrain (0.9K units)

Exports of Plants, Live; Unrooted Cuttings and Slips in Kuwait

In 2022, after two years of decline, there was significant growth in shipments abroad of plants, live; unrooted cuttings and slipses, when their volume increased by 4,798% to 154K units. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of plants, live; unrooted cuttings and slipses soared to $3.3K in 2022. Overall, exports, however, faced a significant decrease. Over the period under review, the exports of reached the peak figure at $21K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Kuwait in 2022:

1. Qatar (154.1K units)

Source: IndexBox Market Intelligence Platform