Report Update Nov 1, 2024

Kuwait - Fresh or Chilled Salmonoids Meat - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Market for Fresh Or Chilled Salmonoids Meat 2024

Market Size for Fresh Or Chilled Salmonoids Meat in Kuwait

The Kuwaiti market for fresh or chilled salmonoids meat dropped rapidly to $X in 2022, waning by -47.6% against the previous year. Overall, consumption, however, saw a significant increase. Fresh or chilled salmonoids meat consumption peaked at $X in 2021, and then dropped notably in the following year.

Production of Fresh Or Chilled Salmonoids Meat in Kuwait

In value terms, fresh or chilled salmonoids meat production reached $X in 2022 estimated in export price. In general, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 62% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Imports of Fresh Or Chilled Salmonoids Meat

Imports into Kuwait

Fresh or chilled salmonoids meat imports into Kuwait declined dramatically to X tons in 2022, with a decrease of -48.7% on the previous year's figure. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 3,694%. As a result, imports attained the peak of X tons, and then shrank significantly in the following year.

In value terms, fresh or chilled salmonoids meat imports reduced remarkably to $X in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,513%. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main fresh or chilled salmonoids meat supplier to Kuwait, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +51.0%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of fresh or chilled salmonoids meat to Kuwait.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled +56.9%.

Import Prices by Country

The average import price for fresh or chilled salmonoids meat stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price posted a pronounced increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 80% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled salmonoids meat in the world?

The countries with the highest volumes of in 2021 were Norway, Japan and the United States, together accounting for 56% of global consumption. Canada, Vietnam, Denmark and Poland lagged somewhat behind, together comprising a further 24%.

What are the largest producers of fresh or chilled salmonoids meat in the world?

Chile constituted the country with the largest volume of fresh or chilled salmonoids meat production, accounting for 47% of total volume. Moreover, fresh or chilled salmonoids meat production in Chile exceeded the figures recorded by the second-largest producer, Norway, twofold. The third position in this ranking was occupied by Vietnam, with an 8.2% share.

What are the leading suppliers of fresh or chilled salmonoids meat to Kuwait?

In value terms, the United Arab Emirates constituted the largest supplier of fresh or chilled salmonoids meat to Kuwait.

What is the average export price for fresh or chilled salmonoids meat in Kuwait?

In 2014, the average export price for fresh or chilled salmonoids meat amounted to $6,150 per ton, flattening at the previous year.

What is the average import price for fresh or chilled salmonoids meat in Kuwait?

In 2021, the average import price for fresh or chilled salmonoids meat amounted to $20,731 per ton, dropping by -1.9% against the previous year.

This report provides an in-depth analysis of the market for fresh or chilled salmonoids meat in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023