Kuwait - Dried Vegetables And Mixtures Of Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Vegetables Price in Kuwait - 2021
Contents:
- Dried Vegetables Price in Kuwait (CIF) - 2022
- Dried Vegetables Price in Kuwait (FOB) - 2022
- Dried Vegetables Imports in Kuwait
- Dried Vegetables Exports in Kuwait
Dried Vegetables Price in Kuwait (CIF) - 2022
In 2022, the average dried vegetables import price amounted to $2,562 per ton, falling by -17.7% against the previous year. Overall, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2021 an increase of 24%. Over the period under review, average import prices reached the maximum at $3,414 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,132 per ton), while the price for Saudi Arabia ($535 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Vegetables Price in Kuwait (FOB) - 2022
In 2022, the average dried vegetables export price amounted to $5,540 per ton, reducing by -2.7% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried vegetables export price increased by +28.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 28%. As a result, the export price attained the peak level of $6,450 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($42,600 per ton), while the average price for exports to Iran ($3,901 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+426.1%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Vegetables Imports in Kuwait
In 2022, overseas purchases of dried vegetables and mixtures of vegetables increased by 15% to 226 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable descent.
In value terms, dried vegetables imports contracted to $580K in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. As a result, imports attained the peak of $611K, and then reduced in the following year.
| Import of Dried Vegetables in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.4 | 31.5 | 42.1 | 64.9 | 73.6% |
| Iran | 47.1 | 42.1 | 56.6 | 60.5 | 8.7% |
| India | 56.2 | 32.7 | 24.8 | 58.8 | 1.5% |
| Egypt | 84.3 | 76.8 | 97.7 | 48.6 | -16.8% |
| China | 47.7 | 30.2 | 30.5 | 32.0 | -12.5% |
| United States | 16.6 | 33.7 | 40.6 | 31.6 | 23.9% |
| United Arab Emirates | 0.4 | 1.1 | 3.9 | 27.2 | 308.2% |
| Italy | 19.4 | 26.2 | 36.6 | 13.3 | -11.8% |
| Syrian Arab Republic | 4.7 | 20.6 | 2.8 | 12.7 | 39.3% |
| Others | 300 | 254 | 276 | 230 | -8.5% |
| Total | 589 | 549 | 611 | 580 | -0.5% |
Top Suppliers of Dried Vegetables to Kuwait in 2022:
- India (62.0 tons)
- Iran (39.0 tons)
- Egypt (25.8 tons)
- Netherlands (16.4 tons)
- China (12.5 tons)
- United Arab Emirates (9.0 tons)
- Syrian Arab Republic (6.6 tons)
- United States (4.0 tons)
- Italy (2.6 tons)
Dried Vegetables Exports in Kuwait
In 2022, dried vegetables exports from Kuwait skyrocketed to 5.1 tons, increasing by 52% compared with the previous year. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,627% against the previous year. As a result, the exports reached the peak of 7.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, dried vegetables exports soared to $28K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,998% against the previous year. As a result, the exports reached the peak of $37K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Dried Vegetables in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 0.9 | 23.8 | 9.4 | 18.0 | 171.4% |
| Canada | 0.2 | 4.6 | 2.5 | 4.0 | 171.4% |
| Oman | 0.1 | 8.4 | 2.3 | 3.7 | 233.2% |
| Sweden | N/A | N/A | N/A | 1.1 | 0% |
| Others | 0.6 | 0.5 | 4.9 | 1.3 | 29.4% |
| Total | 1.8 | 37.3 | 19.1 | 28.2 | 150.2% |
Top Export Markets for Dried Vegetables from Kuwait in 2022:
- Iran (4.6 tons)
- Oman (0.2 tons)
- Canada (0.1 tons)
- Sweden (0.1 tons)
This report provides an in-depth analysis of the dried vegetables 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:
- Prodcom 10391390 - Dried vegetables (excluding potatoes, onions, mushrooms and truffles) and mixtures of vegetables, whole, cut, sliced, b roken or in powder, but not further prepared
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
- 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 VOLUME AND VALUE
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
- 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
- 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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