Kuwait - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Potato Price in Kuwait - 2021
Contents:
- Frozen Potato Price in Kuwait (CIF) - 2021
- Frozen Potato Price in Kuwait (FOB) - 2022
- Frozen Potato Imports in Kuwait
- Frozen Potato Exports in Kuwait
Frozen Potato Price in Kuwait (CIF) - 2021
The average frozen potato import price stood at $1,269 per ton in December 2021, increasing by 3.6% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2021 an increase of 4.1% against the previous month. The import price peaked at $1,302 per ton in March 2021; afterwards, it flattened through to December 2021.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($1,853 per ton), while the price for Germany ($949 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 the Netherlands (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Potato Price in Kuwait (FOB) - 2022
The average frozen potato export price stood at $685 per ton in 2022, surging by 1.7% against the previous year. In general, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 78% against the previous year. The export price peaked at $1,838 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,588 per ton), while the average price for exports to Iraq ($285 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 the Netherlands (+37.5%), while the prices for the other major destinations experienced a decline.
Frozen Potato Imports in Kuwait
In 2022, after three years of growth, there was decline in purchases abroad of frozen potatoes, when their volume decreased by -2.3% to 81K tons. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 4.7% against the previous year. As a result, imports attained the peak of 83K tons, and then declined modestly in the following year.
In value terms, frozen potato imports contracted to $80M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 3%. As a result, imports reached the peak of $81M, and then dropped modestly in the following year.
| Import of Frozen Potato in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 23.2 | 22.9 | 25.2 | 22.9 | -0.4% |
| Egypt | 7.3 | 6.1 | 8.3 | 6.9 | -1.9% |
| United States | 8.2 | 6.3 | 6.8 | 6.2 | -8.9% |
| Belgium | 3.9 | 4.4 | 4.5 | 4.0 | 0.8% |
| France | 4.6 | 4.7 | 3.9 | 3.9 | -5.4% |
| Canada | 1.5 | 2.0 | 2.6 | 2.1 | 11.9% |
| Others | 31.9 | 32.0 | 29.7 | 33.7 | 1.8% |
| Total | 80.6 | 78.5 | 80.9 | 79.7 | -0.4% |
Top Suppliers of Frozen Potato to Kuwait in 2022:
- Netherlands (22.2K tons)
- Egypt (7.6K tons)
- France (4.9K tons)
- United States (4.9K tons)
- Belgium (4.6K tons)
- Canada (2.2K tons)
Frozen Potato Exports in Kuwait
In 2022, frozen potato exports from Kuwait dropped sharply to 737 tons, falling by -48% on the previous year. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,551%. As a result, the exports attained the peak of 1.4K tons, and then fell markedly in the following year.
In value terms, frozen potato exports fell remarkably to $505K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,613%. As a result, the exports reached the peak of $955K, and then dropped significantly in the following year.
| Export of Frozen Potato in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 35.1 | 28.1 | 570 | 320 | 108.9% |
| Saudi Arabia | 30.7 | 10.4 | 296 | 99.6 | 48.0% |
| Netherlands | N/A | 6.8 | N/A | 26.4 | 97.0% |
| Iraq | 9.1 | 1.8 | 45.9 | 17.8 | 25.1% |
| Bahrain | 2.9 | 0.9 | 32.4 | 12.8 | 64.0% |
| Others | 3.0 | 7.6 | 10.1 | 28.2 | 111.0% |
| Total | 80.8 | 55.7 | 955 | 505 | 84.2% |
Top Export Markets for Frozen Potato from Kuwait in 2022:
- Qatar (342.2 tons)
- Saudi Arabia (278.7 tons)
- Iraq (62.4 tons)
- Bahrain (20.1 tons)
- Netherlands (16.6 tons)
This report provides an in-depth analysis of the frozen potato 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 10311110 - Frozen potatoes, uncooked or cooked by steaming or boiling in water
- Prodcom 10311130 - Frozen potatoes, prepared or preserved (including potatoes cooked or partly cooked in oil and then frozen, excluding by vinegar or acetic acid)
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
358
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