Kuwait Olives 2023 Retail Prices
The retail price range for Kuwait olives in October is between US$ 4.5 and US$ 7.5 per kilogram or between US$ 2.04 and US$ 3.4 per pound(lb). Click here to see today's prices of olives in Kuwait
The retail price range in Kuwaiti Dinar for olives is between KWD 1.39 and KWD 2.31 per kilogram or between KWD 0.63 and KWD 1.05 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2023, the approximate wholesale price range for Kuwait olives is between US$ 3.15 and US$ 5.25 per kilogram or between US$ 1.43 and US$ 2.38 per pound(lb).
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Kuwait Olives Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olives from Kuwait over the last five years has been quite varied. In 2017, the price was 5.23 US $ per kg, the highest of the five years. This was followed by a decrease to 3.70 US $ per kg in 2018 and then a further decrease to 2.67 US $ per kg in 2019. The price then dropped to 2.26 US $ per kg in 2020 and the lowest of the five years was recorded in 2021 at 1.03 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Olives from Kuwait in 2023 will be 1.50 US $ per kg and in 2024 will be 1.75 US $ per kg.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)
Kuwait Olives Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olives into Kuwait over the last five years has been quite varied. In 2016, the price was 2.40 US dollars per kg, followed by a significant increase to 5.23 US dollars per kg in 2017. This was followed by a decrease to 3.70 US dollars per kg in 2018 and then a further decrease to 2.67 US dollars per kg in 2019. The price then dropped to 2.26 US dollars per kg in 2020 and further decreased to 1.03 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Olives into Kuwait in 2023 will be around 0.80 US dollars per kg and in 2024 it will be around 0.60 US dollars per kg.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.
Prices of other produce in the Fruits category in Kuwait: Pumpkins, squash and gourds, Sweetcorn, Bananas, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of olives in other countries across Middle East: Bahrain olives, Cyprus olives, Iraq olives, Israel olives, Jordan olives, Kuwait olives, Lebanon olives, Palestine olives, Oman olives & Qatar olives.
Nutrition: olives calories and other nutrition facts
Kuwait olives - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 55 tonnes of olives. Across 2019 alone, the demand for Kuwait olives (fruits category) has decreased, flactuating by -53.782 per cent compared to the year 2018. Between 2017 and 2019, olives' exports reduced by -54.55% bringing the exporter US$0.15m for the year 2019. Kuwait's olives exports are categorised as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Fresh or chilled olives (HS code 070992)
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Kuwait olives export values
In 2019, Kuwait exported olives costing 0.15m USD, a reduction of -65.91% from 2018's total olives export of 0.44m USD. The annual change in value of Kuwait olives between 2017 to 2018 was -30.49 percent.
The annual/yearly variation in the amount of Kuwait's olives exports between 2017 and 2019 was -54.55 pc compared to a variation of -53.782% in the period between 2018 and 2019.
Export markets for Kuwait olives ( in '000$ )
Kuwait's best performing destinations for olives are United Arab Emirates (UAE), Turkey, Saudi Arabia, Jordan and Iraq.
Kuwait purchased 5,005 tonnes of olives in 2019.
Production
The production of olives in Kuwait was 240 tonnes in 2019 and is estimated to change by an average of 2.56%. The country had approximately 111.00 hectares under olives cultivation.