Cost of shipping food supplies to Kuwait ‘increases 10 times’ – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

Cost of shipping food supplies to Kuwait ‘increases 10 times’ – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

Govt must reconsider its decision: Al-Baijan

KUWAIT CITY, Jan 3: Kuwaiti Federation of Food Traders and Manufacturers Chairperson Abdullah Al-Baijan revealed that the cost of shipping food supplies to Kuwait has increased 10 times — from $1,400 to $14,000 per ton; while the prices of raw materials are unreasonably high, reports Al-Anba daily. In an exclusive statement to the daily, Al-Baijan pointed out that most of the raw material companies sold all their products for 2022 in advance due to the mutations of the coronavirus and continuous suspension of the operations of factories.

Example
Citing as an example the cooking oil, Al-Baijan said: “In 2020 and late 2021, we purchased cooking oil at a price of $900 per ton; but now the price ranges from $2,400 to $2,600 per ton.” He added the prices of some raw materials for manufacturing consumer products have increased remarkably; calling on the ministries of Commerce, Industry and Finance to study the experience of neighboring countries in reducing the shipping tariffs and fees for local services such as warehouses, ports and customs.