Report Update Nov 1, 2024

Kuwait - Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Market for Smoked Fish Other than Salmon and Herring 2024

Market Size for Smoked Fish Other than Salmon and Herring in Kuwait

In 2021, the Kuwaiti market for smoked fish other than salmon and herring decreased by -4.5% to $X for the first time since 2015, thus ending a five-year rising trend. Over the period under review, consumption, however, posted a prominent increase. Over the period under review, the market hit record highs at $X in 2020, and then reduced slightly in the following year.

Production of Smoked Fish Other than Salmon and Herring in Kuwait

In value terms, production of smoked fish other than salmon and herring declined slightly to $X in 2021 estimated in export price. In general, production, however, saw strong growth. The growth pace was the most rapid in 2017 with an increase of 47% against the previous year. Over the period under review, production of hit record highs at $X in 2020, and then shrank slightly in the following year.

Exports of Smoked Fish Other than Salmon and Herring

Exports from Kuwait

In 2013, the amount of smoked fish other than salmon and herring exported from Kuwait stood at X kg, therefore, remained relatively stable against the previous year's figure. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2013 and are expected to retain growth in the near future.

In value terms, exports of smoked fish other than salmon and herring totaled $X in 2013. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2013 and are expected to retain growth in the near future.

Exports by Country

The United Arab Emirates (X kg) was the main destination for exports of smoked fish other than salmon and herring from Kuwait, with a approx. 100% share of total exports.

From 2013 to 2013, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

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

Imports of Smoked Fish Other than Salmon and Herring

Imports into Kuwait

In 2021, the amount of smoked fish other than salmon and herring imported into Kuwait shrank remarkably to X tons, with a decrease of -78.2% against the previous year. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 1,921%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of smoked fish other than salmon and herring dropped sharply to $X in 2021. Overall, imports, however, posted moderate growth. The pace of growth was the most pronounced in 2013 when imports increased by 1,411% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

The Philippines (X tons), Egypt (X tons) and India (X kg) were the main suppliers of imports of smoked fish other than salmon and herring to Kuwait, together accounting for 71% of total imports. These countries were followed by Thailand, the UK, the Netherlands, Lebanon, Sri Lanka and Norway, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon (with a CAGR of +83.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Egypt ($X) and India ($X) constituted the largest smoked fish other than salmon and herring suppliers to Kuwait, together accounting for 48% of total imports. The UK, Lebanon, Norway, the Netherlands, Thailand and Sri Lanka lagged somewhat behind, together accounting for a further 34%.

Lebanon, with a CAGR of +87.2%, recorded 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 import price for smoked fish other than salmon and herring amounted to $X per ton, reducing by -14.8% against the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2020 an increase of 45% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+18.6%), 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 smoked fish other than salmon and herring in the world?

China remains the largest smoked fish other than salmon and herring consuming country worldwide, accounting for 16% of total volume. Moreover, consumption of smoked fish other than salmon and herring in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 6.6% share.

What are the largest producers of smoked fish other than salmon and herring in the world?

China constituted the country with the largest volume of production of smoked fish other than salmon and herring, accounting for 17% of total volume. Moreover, production of smoked fish other than salmon and herring in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of smoked fish other than salmon and herring to Kuwait?

In value terms, the largest smoked fish other than salmon and herring suppliers to Kuwait were Egypt, the Philippines and the UK, together comprising 61% of total imports.

What is the average export price for smoked fish other than salmon and herring in Kuwait?

The average export price for smoked fish other than salmon and herring stood at $16,983 per ton in 2013, flattening at the previous year.

What is the average import price for smoked fish other than salmon and herring in Kuwait?

In 2020, the average import price for smoked fish other than salmon and herring amounted to $10,381 per ton, jumping by 30% against the previous year.

This report provides an in-depth analysis of the market for smoked fish other than salmon and herring 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 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws

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