Export market prices for Kuwait olives

The prices of olives have increased. Before 2019, 1 kilo of olives was going for US$5.23 in 2017 and US$3.70 in 2018. In 2019 the export price changed to $2.73 per kilo, by -26.24%.

Some of the best performing markets in 2019 for Kuwait olives for a kilogram were fetched from exports to Iran, Jordan, United Arab Emirates (UAE), Saudi Arabia and Turkey. The olives exports from Kuwait are classified as:

  • Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
  • Fresh or chilled olives (HS code 070992)
  • Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)

Export values for Kuwait olives

The total values in export for olives in Kuwait were US$ 404, US$ 633, US$ 440 and US$ 147 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.

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Producer prices

The producer prices of olives have changed across major olives production regions in Kuwait. A kg of Olives in Kuwait is around US $5.93 in Kuwait City and Al Jahra, packed and ready for export. The price in KWD currency is 19.6543327.

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The prices of olives in Kuwait per tonne for the years 2016, 2017, 2018 and 2019 were US$ 2,404.76, US$ 5,231.40, US$ 3,697.48 and US$ 2,672.73 in that order.

The total values in export for olives in Kuwait were US$ 404, US$ 633, US$ 440 and US$ 147 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.

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Kuwait olives wholesale price

In 2021, the approximate price range for Kuwait Olives is between US$ 2.67 and US$ 3.7 per kilogram or between US$ 1.21 and US$ 1.68 per pound(lb).

The price in Kuwaiti Dinar is KWD 0.81 per kg. The average price for a tonne is US$ 2672.73 in Al Jahra and Kuwait City.

Kuwait's import price for olives in 2019 was US$1.77 per kg.