Kuwait - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAvocado Price in Kuwait - 2021
Contents:
- Avocado Price in Kuwait (CIF) - 2021
- Avocado Price in Kuwait (FOB) - 2022
- Avocado Imports in Kuwait
- Avocado Exports in Kuwait
Avocado Price in Kuwait (CIF) - 2021
The average avocado import price stood at $5,496 per ton in December 2021, jumping by 17% against the previous month. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Lebanon ($7,559 per ton), while the price for Kenya ($1,618 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+3.9%), while the prices for the other major suppliers experienced a decline.
Avocado Price in Kuwait (FOB) - 2022
In 2021, the average avocado export price amounted to $4,571 per ton, with an increase of 4.3% against the previous year. Overall, the export price recorded a pronounced expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2013 to 2021, the rate of growth in terms of prices for Iraq amounted to +33.6% per year.
Avocado Imports in Kuwait
In 2022, avocado imports into Kuwait reduced to 1.9K tons, with a decrease of -13% against the previous year. Over the period under review, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of 2.2K tons, and then dropped in the following year.
In value terms, avocado imports dropped notably to $4.4M in 2022. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 51%. As a result, imports reached the peak of $5.3M, and then declined sharply in the following year.
| Import of Avocado in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 555 | 452 | 642 | 1,082 | 24.9% |
| Lebanon | 728 | 363 | 515 | 941 | 8.9% |
| Mexico | N/A | N/A | N/A | 774 | 0% |
| Kenya | 657 | 516 | 694 | 407 | -14.8% |
| United States | 2,204 | 1,654 | 2,675 | 375 | -44.6% |
| Saudi Arabia | 26.3 | 44.1 | 164 | 260 | 114.6% |
| Netherlands | 114 | 12.8 | 34.9 | 109 | -1.5% |
| South Africa | 391 | 140 | 92.5 | 50.1 | -49.6% |
| Others | 476 | 331 | 485 | 409 | -4.9% |
| Total | 5,152 | 3,513 | 5,304 | 4,408 | -5.1% |
Top Suppliers of Avocado to Kuwait in 2022:
- United Arab Emirates (756.4 tons)
- Lebanon (316.0 tons)
- Mexico (311.8 tons)
- Kenya (172.8 tons)
- United States (106.9 tons)
- Saudi Arabia (88.9 tons)
- Netherlands (29.3 tons)
- South Africa (7.7 tons)
Avocado Exports in Kuwait
In 2021, approx. 14 kg of avocados were exported from Kuwait; which is down by -46.2% compared with the previous year. Overall, exports recorded a dramatic decline.
In value terms, avocado exports shrank sharply to $64 in 2021. Over the period under review, exports showed a precipitous decrease.
| Export of Avocado in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Netherlands | N/A | 32.0 | 0% | ||
| Switzerland | 114 | N/A | 0% | ||
| Others | N/A | 32.0 | 0% | ||
| Total | 114 | 64.0 | -43.9% | ||
Top Export Markets for Avocado from Kuwait in 2022:
- Netherlands (7.0 kg)
This report provides an in-depth analysis of the avocado market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 572 - Avocados
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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