Kuwait: Table Egg Market 2024

Table Egg Market Size in Kuwait

After two years of growth, the Kuwaiti table egg market decreased by X% to $X in 2022. Overall, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Table egg consumption peaked at $X in 2021, and then reduced in the following year.

Table Egg Production in Kuwait

In value terms, table egg production rose remarkably to $X in 2022 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Table Egg Exports

Exports from Kuwait

In 2022, approx. X tons of table eggs were exported from Kuwait; increasing by X% compared with the year before. Over the period under review, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, table egg exports soared to $X in 2022. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Bahrain (X tons), the United Arab Emirates (X tons) and Qatar (X tons) were the main destinations of table egg exports from Kuwait, together accounting for X% of total exports. These countries were followed by Oman, which accounted for a further X%.

From 2013 to 2022, the biggest increases were recorded for Oman (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for table egg exported from Kuwait were Bahrain ($X), the United Arab Emirates ($X) and Qatar ($X), together comprising X% of total exports. These countries were followed by Oman, which accounted for a further X%.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average table egg export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a slight reduction. The growth pace was the most rapid in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Qatar ($X per ton) and Oman ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) and Bahrain ($X 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 (X%), while the prices for the other major destinations experienced a decline.

Table Egg Imports

Imports into Kuwait

Table egg imports into Kuwait declined sharply to X tons in 2022, with a decrease of X% compared with 2021. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then declined notably in the following year.

In value terms, table egg imports dropped remarkably to $X in 2022. In general, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank significantly in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of table egg to Kuwait, accounting for a X% share of total imports. Moreover, table egg imports from Turkey exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. Jordan (X tons) ranked third in terms of total imports with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Jordan (X% per year).

In value terms, the largest table egg suppliers to Kuwait were Turkey ($X), Jordan ($X) and the United Arab Emirates ($X), with a combined X% share of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average table egg import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average 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 Jordan ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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