What is the price of vinegar per kilogram/pound in Kuwait today?
The retail price range for Kuwait vinegar is between US$ 5.77 and US$ 17.32 per kilogram or between US$ 2.62 and US$ 7.86 per pound(lb). Click here to see today's exact prices of vinegar in Kuwait
The retail price range in Kuwaiti Dinar for vinegar is between KWD 1.78 and KWD 5.34 per kilogram or between KWD 0.81 and KWD 2.42 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait vinegar is between US$ 4.04 and US$ 12.12 per kilogram or between US$ 1.83 and US$ 5.50 per pound(lb).
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Kuwait Vinegar Export Prices - Historical, Trends and Prediction
The export price per kilogram of Vinegar from Kuwait over the last five years has seen a steady increase. In 2016, the price was 1.85 US $ per kg, and in 2020, it had risen to 6.00 US $ per kg. This represents an increase of over 220%. The highest price was in 2020, at 6.00 US $ per kg, while the lowest was in 2017, at 1.27 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Vinegar from Kuwait in 2023 will be around 8.50 US $ per kg, and in 2024, it will be around 10.50 US $ per kg.Kuwait Vinegar Import Prices - Historical, Trends and Prediction
The import price per kilogram of Vinegar into Kuwait over the last five years has been relatively stable. In 2016, the price was 1.85 US $ per kg, followed by 1.27 US $ per kg in 2017. In 2018, the price increased to 2.42 US $ per kg, and then decreased to 2.38 US $ per kg in 2019. However, in 2020, the price spiked to 6.00 US $ per kg. Based on this data, it is likely that the import price of Vinegar into Kuwait will remain relatively stable in the next few years, with a slight increase in 2023 and 2024. We can predict that the import price of Vinegar into Kuwait in 2023 will be around 2.50 US $ per kg, and in 2024 it will be around 2.60 US $ per kg.Export values for Kuwait vinegar
The total values in export for vinegar in Kuwait were US$ 74, US$ 233, US$ 157 and US$ 133 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 vinegar in other countries across Middle East: Bahrain vinegar, Cyprus vinegar, Iraq vinegar, Israel vinegar, Jordan vinegar, Kuwait vinegar, Lebanon vinegar, Palestine vinegar, Oman vinegar & Qatar vinegar.
Kuwait vinegar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait shipped 56 tonnes of vinegar. Through 2019 alone, the demand for Kuwait vinegar (processed category) has gone down, with a change of -13.846 % compared to the year 2018. Between 2017 and 2019, vinegar's exports reduced by -69.4 percent netting Kuwait US$0.13m for the year 2019. Kuwait's vinegar exports are categorised as:
- Vinegar, fermented vinegar and substitutes for vinegar obtained from acetic acid (HS code 220900)
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Kuwait vinegar export values
In 2019, Kuwait shipped vinegar valued at 0.13m USD, a reduction of -17.20% from 2018's total vinegar export of 0.157m USD. The yearly reduction in value of Kuwait vinegar between 2017 to 2018 was -32.618 pc.
The annual/yearly variation in the amount of Kuwait's vinegar exports between 2017 and 2019 was -69.4 percent when compared to a variation of -13.846% in the growth rate between 2018 and 2019.
Export markets for Kuwait vinegar ( in '000$ )
Kuwait bought 2,809 tonnes of vinegar in 2019.