Kuwait: Organ Extracts Market 2025

Organ Extracts Market Size in Kuwait

The Kuwaiti organ extracts market surged to $X in 2021, picking up by 18% against the previous year. Overall, consumption saw buoyant growth. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Organ Extracts Production in Kuwait

In value terms, organ extracts production stood at less than $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume decreased by 99.9%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Organ Extracts Exports

Exports from Kuwait

In 2021, approx. X kg of extracts of glands or other organs or of their secretions were exported from Kuwait; with an increase of 42,350% against the year before. In general, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, organ extracts exports surged to $X in 2021. Overall, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X kg), Canada (X kg) and Germany (X kg) were the main destinations of organ extracts exports from Kuwait, together comprising 39% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +6.7%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for extracts of glands or other organs or of their secretions exports from Kuwait, comprising 21% of total exports. The second position in the ranking was taken by Spain ($X), with a 3.8% share of total exports. It was followed by Canada, with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands amounted to +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-16.0% per year) and Canada (+24.1% per year).

Export Prices by Country

In 2021, the average organ extracts export price amounted to $X per ton, with a decrease of -33.5% against the previous year. Overall, the export price, however, saw a notable expansion. The pace of growth was the most pronounced in 2014 an increase of 124%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Organ Extracts Imports

Imports into Kuwait

In 2021, after three years of growth, there was significant decline in overseas purchases of extracts of glands or other organs or of their secretions, when their volume decreased by -14.4% to X kg. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 581% against the previous year. Over the period under review, imports attained the peak figure at X kg in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, organ extracts imports rose to $X in 2021. In general, imports, however, continue to indicate tangible growth. The most prominent rate of growth was recorded in 2018 with an increase of 505% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, the United Arab Emirates (X kg) constituted the largest supplier of organ extracts to Kuwait, accounting for a 68% share of total imports. Moreover, organ extracts imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X kg), fourfold. The third position in this ranking was taken by the UK (X kg), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-16.7% per year) and the UK (+4.6% per year).

In value terms, the United States ($X) constituted the largest supplier of extracts of glands or other organs or of their secretions to Kuwait, comprising 76% of total imports. The second position in the ranking was taken by the UK ($X), with a 17% share of total imports. It was followed by the United Arab Emirates, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +47.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-2.9% per year) and the United Arab Emirates (+12.8% per year).

Import Prices by Country

The average organ extracts import price stood at $X per ton in 2021, growing by 21% against the previous year. Over the period under review, the import price continues to indicate a measured increase. The growth pace was the most rapid in 2014 when the average import price increased by 179%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, 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 ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+38.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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