Kuwait: Camel Meat Market 2024

Camel Meat Market Size in Kuwait

The Kuwaiti camel meat market dropped to $X in 2022, shrinking by -8% against the previous year. Overall, consumption, however, enjoyed resilient growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Camel Meat Production in Kuwait

In value terms, camel meat production fell to $X in 2022 estimated in export price. In general, production, however, recorded a tangible increase. The growth pace was the most rapid in 2016 with an increase of 49%. Camel meat production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of camel meat in Kuwait totaled X kg per head in 2022, standing approx. at 2021. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the yield increased by 14% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2017 to 2022, the growth of the average camel meat yield failed to regain momentum.

The number of animals slaughtered for camel meat production in Kuwait contracted slightly to X heads in 2022, with a decrease of -4.4% compared with 2021 figures. Over the period under review, the number of producing animals, however, enjoyed strong growth. The pace of growth was the most pronounced in 2019 with an increase of 46% against the previous year. As a result, the number of animals produced attained the peak level of X heads. From 2020 to 2022, the growth of this number remained at a somewhat lower figure.

Camel Meat Exports

Exports from Kuwait

In 2021, the amount of camel meat exported from Kuwait skyrocketed to X tons, jumping by 274% against 2020 figures. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, camel meat exports soared to $X in 2021. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons), Iraq (X tons) and Oman (X tons) were the main destinations of camel meat exports from Kuwait.

From 2018 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X), Oman ($X) and Iraq ($X) constituted the largest markets for camel meat exported from Kuwait worldwide, with a combined 99.9% share of total exports.

The United Arab Emirates, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average camel meat export price amounted to $X per ton, which is down by -28% against the previous year. Over the period under review, the export price, however, recorded a significant increase. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+17.0%).

Camel Meat Imports

Imports into Kuwait

In 2022, purchases abroad of camel meat was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2018 when imports increased by 17,504% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, camel meat imports surged to $X in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 13,709% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Pakistan (X tons) was the main supplier of camel meat to Kuwait, accounting for a 97% share of total imports. It was followed by Egypt (X tons), with a 2.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Pakistan stood at +86.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+12.1% per year) and Australia (-11.5% per year).

In value terms, Pakistan ($X) constituted the largest supplier of camel meat to Kuwait, comprising 97% of total imports. The second position in the ranking was taken by Egypt ($X), with a 2.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Pakistan amounted to +103.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-3.8% per year) and Australia (-7.8% per year).

Import Prices by Country

The average camel meat import price stood at $X per ton in 2022, dropping by -11.6% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 53%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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