Report Update Nov 1, 2024

Kuwait - Salmon (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kuwait: Preserved Salmon Market 2024

Preserved Salmon Market Size in Kuwait

After nine years of growth, the Kuwaiti preserved salmon market decreased by -2.1% to $X in 2021. In general, consumption recorded a prominent increase. Preserved salmon consumption peaked at $X in 2020, and then reduced in the following year.

Preserved Salmon Production in Kuwait

In value terms, preserved salmon production declined to $X in 2021 estimated in export price. Over the period under review, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 25%. Over the period under review, production reached the maximum level at $X in 2020, and then shrank modestly in the following year.

Preserved Salmon Exports

Exports from Kuwait

In 2013, approx. X kg of salmon (prepared or preserved) were exported from Kuwait; almost unchanged from 2012 figures. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2013 and are likely to see steady growth in the immediate term.

In value terms, preserved salmon exports stood at $X in 2013. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2013 and are likely to continue growth in the near future.

Exports by Country

Jordan (X kg) and Bahrain (X kg) were the main destinations of preserved salmon exports from Kuwait.

From 2013 to 2013, the biggest increases were recorded for Jordan (with a CAGR of 0.0%).

From 2013 to 2013, the average annual rate of growth in terms of value to Bahrain was relatively modest.

Preserved Salmon Imports

Imports into Kuwait

For the third consecutive year, Kuwait recorded growth in purchases abroad of salmon (prepared or preserved), which increased by 53% to X tons in 2021. Overall, imports saw a resilient increase. The pace of growth appeared the most rapid in 2017 when imports increased by 508% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, preserved salmon imports skyrocketed to $X in 2021. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2017 when imports increased by 881% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest preserved salmon supplier to Kuwait, accounting for a 37% share of total imports. Moreover, preserved salmon imports from Vietnam exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The Philippines (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from Vietnam totaled +49.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+58.9% per year) and the Philippines (+71.9% per year).

In value terms, the largest preserved salmon suppliers to Kuwait were the United Arab Emirates ($X), Vietnam ($X) and Poland ($X), together accounting for 49% of total imports. These countries were followed by Chile, Spain, Sri Lanka, Sweden, Ireland, the Philippines, the United States, Morocco, France and Germany, which together accounted for a further 31%.

The Philippines, with a CAGR of +57.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average preserved salmon import price amounted to $X per ton, surging by 4.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 61% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salmon (prepared or preserved) in the world?

Norway remains the largest preserved salmon consuming country worldwide, accounting for 60% of total volume. Moreover, preserved salmon consumption in Norway exceeded the figures recorded by the second-largest consumer, China, eightfold. The United States ranked third in terms of total consumption with a 4% share.

What are the largest producers of salmon (prepared or preserved) in the world?

The country with the largest volume of preserved salmon production was Norway, accounting for 61% of total volume. Moreover, preserved salmon production in Norway exceeded the figures recorded by the second-largest producer, China, eightfold. The third position in this ranking was occupied by the United States, with a 4.3% share.

What are the leading suppliers of salmon (prepared or preserved) to Kuwait?

In value terms, the largest preserved salmon suppliers to Kuwait were Vietnam, Norway and Ireland, together accounting for 60% of total imports. The Philippines, the UK, France, the United States, Germany and China lagged somewhat behind, together comprising a further 19%.

What is the average export price for salmon (prepared or preserved) in Kuwait?

The average preserved salmon export price stood at $2,871 per ton in 2013, remaining constant against the previous year.

What is the average import price for salmon (prepared or preserved) in Kuwait?

The average preserved salmon import price stood at $11,934 per ton in 2021, surging by 74% against the previous year.

This report provides an in-depth analysis of the preserved salmon market 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:

Prodcom 10202510 - Prepared or preserved salmon, whole or in pieces (excluding minced products and prepared meals and dishes)

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