What is the price of natural gum arabic per kilogram/pound in Kuwait today?
The retail price range for Kuwait natural gum arabic is between US$ 1.94 and US$ 2.42 per kilogram or between US$ 0.88 and US$ 1.10 per pound(lb). Click here to see today's exact prices of natural gum arabic in Kuwait
The retail price range in Kuwaiti Dinar for natural gum arabic is between KWD 0.60 and KWD 0.75 per kilogram or between KWD 0.27 and KWD 0.34 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait natural gum arabic is between US$ 1.36 and US$ 1.69 per kilogram or between US$ 0.61 and US$ 0.77 per pound(lb).
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Kuwait Natural Gum Arabic Export Prices - Historical, Trends and Prediction
The export price of Natural Gum Arabic from Kuwait has seen a significant fluctuation over the past five years. In 2014, the price was 5.00 US$ per kg, which increased to 8.50 US$ per kg in 2015. However, in 2017, the price dropped to 0.28 US$ per kg, before increasing to 1.37 US$ per kg in 2018 and 1.62 US$ per kg in 2019. Based on this trend, it is likely that the export price of Natural Gum Arabic from Kuwait will continue to increase in the coming years, with an estimated price of 2.50 US$ per kg in 2023 and 3.00 US$ per kg in 2024.Kuwait Natural Gum Arabic Import Prices - Historical, Trends and Prediction
The import price of Natural Gum Arabic into Kuwait over the last five years has been quite volatile. In 2014, the price was 5.00 US$ per kg, which increased to 8.50 US$ per kg in 2015. However, in 2017, the price dropped drastically to 0.28 US$ per kg. This was followed by a gradual increase in the price to 1.37 US$ per kg in 2018 and 1.62 US$ per kg in 2019. Looking ahead, it is difficult to predict the exact prices for 2023 and 2024. However, based on the trend of the last five years, it is likely that the prices will continue to increase in the coming years.Export values for Kuwait natural gum arabic
The total values in export for natural gum arabic in Kuwait were US$ 5, US$ 26 and US$ 21 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Kuwait: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of natural gum arabic in other countries across Middle East: Bahrain natural gum arabic, Cyprus natural gum arabic, Iraq natural gum arabic, Israel natural gum arabic, Jordan natural gum arabic, Kuwait natural gum arabic, Lebanon natural gum arabic, Palestine natural gum arabic, Oman natural gum arabic & Qatar natural gum arabic.
Kuwait natural gum arabic - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 13 tonnes of natural gum arabic. For 2019 alone, the demand for Kuwait natural gum arabic (agro commodities category) has decreased, with a change of -31.579 percent compared to the year 2018. Between 2017 and 2019, natural gum arabic's exports went down by -27.78 pc earning the nation US$0.02m for the year 2019. Kuwait's natural gum arabic exports are classified as:
- Natural gum Arabic (HS code 130120)
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Kuwait natural gum arabic export values
In 2019, Kuwait exported natural gum arabic worth 0.02m USD, a reduction of -23.08% from 2018's total natural gum arabic export of 0.026m USD. The annual reduction in value of Kuwait natural gum arabic between 2017 to 2018 was 420 percent.
The per year change in the volume of Kuwait's natural gum arabic exports between 2017 and 2019 was -27.78 percent compared to a variation of -31.579% in the period between 2018 and 2019.
Export markets for Kuwait natural gum arabic ( in '000$ )
Kuwait purchased 24 tonnes of natural gum arabic in 2019.