Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait - 2022
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait (CIF) - 2022
In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $6,006 per ton, surging by 18% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($6,450 per ton), while the price for Egypt ($2,790 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait (FOB) - 2022
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $6,846 per ton in 2022, picking up by 44% against the previous year. Over the period under review, the export price saw a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jordan ($6,849 per ton) and Saudi Arabia ($6,846 per ton), while the average price for exports to Qatar ($6,846 per ton) and Iraq ($6,846 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait
In 2022, imports of cheese, other than blue-veined, grated, powdered or processed into Kuwait reduced remarkably to 11K tons, falling by -22.3% against the previous year. Over the period under review, imports showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 9.1% against the previous year.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed reduced to $68M in 2022. Overall, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 6.5%.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 23.9 | 19.0 | 19.5 | 19.4 | -6.7% |
| Cyprus | 11.3 | 11.3 | 11.0 | 10.1 | -3.7% |
| Italy | 4.0 | 2.5 | 5.5 | 5.1 | 8.4% |
| France | 5.4 | 4.6 | 5.3 | 4.5 | -5.9% |
| Turkey | 3.4 | 4.7 | 4.4 | 3.8 | 3.8% |
| Egypt | 4.9 | 4.3 | 3.7 | 3.8 | -8.1% |
| Netherlands | 3.0 | 4.1 | 3.3 | 3.3 | 3.2% |
| United States | 5.8 | 4.5 | 4.4 | 3.3 | -17.1% |
| Germany | 1.7 | 1.3 | 1.1 | 1.9 | 3.8% |
| Ireland | 1.2 | 0.7 | 1.1 | 1.9 | 16.6% |
| Czech Republic | 1.6 | 1.4 | 1.3 | 1.4 | -4.4% |
| Others | 10.8 | 10.8 | 13.1 | 9.2 | -5.2% |
| Total | 77.0 | 69.1 | 73.6 | 67.7 | -4.2% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Kuwait in 2022:
- Saudi Arabia (3002.3 tons)
- Cyprus (1572.7 tons)
- Egypt (1369.4 tons)
- Italy (789.8 tons)
- France (701.4 tons)
- Turkey (589.2 tons)
- United States (517.5 tons)
- Netherlands (508.7 tons)
- Ireland (297.5 tons)
- Germany (288.1 tons)
- Czech Republic (210.6 tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait
In 2022, approx. 657 tons of cheese, other than blue-veined, grated, powdered or processed were exported from Kuwait; rising by 46% against the previous year. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 201% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed skyrocketed to $4.5M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 279% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 197 | 163 | 1,158 | 1,759 | 107.5% |
| Qatar | 181 | 895 | 449 | 1,389 | 97.2% |
| Saudi Arabia | N/A | 202 | 306 | 969 | 119.0% |
| United Arab Emirates | N/A | N/A | N/A | 341 | 0% |
| Bahrain | N/A | 92.6 | 20.3 | 30.7 | -42.4% |
| Others | N/A | 83.0 | 206 | 12.0 | -62.0% |
| Total | 378 | 1,436 | 2,140 | 4,500 | 128.3% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Kuwait in 2022:
- Iraq (256.9 tons)
- Qatar (202.8 tons)
- Saudi Arabia (141.5 tons)
- United Arab Emirates (49.8 tons)
- Bahrain (4.5 tons)
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