What is the price of oleoresins per kilogram/pound in Kuwait today?
The retail price range for Kuwait oleoresins is between US$ 23.92 and US$ 43.06 per kilogram or between US$ 10.85 and US$ 19.53 per pound(lb). Click here to see today's exact prices of oleoresins in Kuwait
The retail price range in Kuwaiti Dinar for oleoresins is between KWD 7.37 and KWD 13.27 per kilogram or between KWD 3.34 and KWD 6.02 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait oleoresins is between US$ 16.75 and US$ 30.14 per kilogram or between US$ 7.59 and US$ 13.67 per pound(lb).
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Kuwait Oleoresins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oleoresins from Kuwait over the last five years has been quite varied. In 2017, the price was 4.83 US $ per kg, followed by a sharp drop to 2.39 US $ per kg in 2018. In 2019, the price rose to 7.78 US $ per kg, before reaching a peak of 34.00 US $ per kg in 2020. The price then dropped slightly to 38.21 US $ per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Oleoresins from Kuwait in 2023 will be around 33.00 US $ per kg and in 2024 will be around 32.00 US $ per kg.Kuwait Oleoresins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oleoresins into Kuwait has seen a significant fluctuation over the past five years. In 2016, the price was at its highest at $29.20, before dropping to $1.48 in 2015. The price then rose to $4.83 in 2017, before dropping to $2.39 in 2018. In 2019, the price rose to $7.78, before reaching its highest point in 2020 at $34.00. The price then dropped to $38.21 in 2021. Looking ahead, it is likely that the import price per kilogram of Oleoresins into Kuwait will remain relatively stable in the next two years. We predict that the price will be $37.00 in 2023 and $36.00 in 2024.Export values for Kuwait oleoresins
The total values in export for oleoresins in Kuwait were US$ 146, US$ 29, US$ 589 and US$ 350 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kuwait: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of oleoresins in other countries across Middle East: Bahrain oleoresins, Cyprus oleoresins, Iraq oleoresins, Israel oleoresins, Jordan oleoresins, Kuwait oleoresins, Lebanon oleoresins, Palestine oleoresins, Oman oleoresins & Qatar oleoresins.
Kuwait oleoresins - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 45 tonnes of oleoresins. Across 2019 alone, the interest in Kuwait oleoresins (processed category) has shrunk, with a change of -81.707 pc compared to the year 2018. Between 2017 and 2019, oleoresins' exports grew by 650% bringing the exporter US$0.35m for the year 2019. Kuwait's oleoresins exports are classified as:
- Extracted oleoresins; concentrates of essential oils in fats, fixed oils, waxes and the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aromatic aqueous distillates and aqueous solutions of essential oils (HS code 330190)
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Kuwait oleoresins export values
In 2019, Kuwait supplied oleoresins worth 0.35m USD, a contraction of -40.58% from 2018's total oleoresins export of 0.589m USD. The yearly reduction in value of Kuwait oleoresins between 2017 to 2018 was 1931.034 per cent.
The annual/yearly variation in the amount of Kuwait's oleoresins exports between 2017 and 2019 was 650% in comparison to a variation of -81.707% in the period between 2018 and 2019.
Export markets for Kuwait oleoresins ( in '000$ )
Kuwait ordered 1,657 tonnes of oleoresins in 2019.