Kuwait - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Kuwait - 2022
Contents:
- Maize Starch Price in Kuwait (CIF) - 2021
- Maize Starch Price in Kuwait (FOB) - 2022
- Maize Starch Imports in Kuwait
- Maize Starch Exports in Kuwait
Maize Starch Price in Kuwait (CIF) - 2021
The average maize starch import price stood at $656 per ton in December 2021, declining by -21.8% against the previous month. In general, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in March 2021 when the average import price increased by 90% against the previous month. Over the period under review, average import prices reached the maximum at $2,129 per ton in January 2021; however, from February 2021 to December 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was India ($1,170 per ton), while the price for Saudi Arabia totaled $653 per ton.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize Starch Price in Kuwait (FOB) - 2022
In 2022, the average maize starch export price amounted to $558 per ton, with an increase of 79% against the previous year. Overall, the export price, however, continues to indicate a noticeable slump. The export price peaked at $2,266 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to -4.5% per year.
Maize Starch Imports in Kuwait
After two years of decline, supplies from abroad of maize (corn) starch increased by 6.9% to 4.9K tons in 2022. Over the period under review, imports, however, recorded a deep setback.
In value terms, maize starch imports rose modestly to $3.1M in 2022. Overall, imports, however, continue to indicate a abrupt decline.
| Import of Maize Starch in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2,511 | 1,556 | 1,523 | 1,563 | -14.6% |
| Germany | 991 | 486 | 584 | 569 | -16.9% |
| India | 522 | 666 | 102 | 279 | -18.8% |
| Thailand | 87.0 | 89.4 | 123 | 264 | 44.8% |
| Turkey | 247 | 65.1 | 64.7 | 200 | -6.8% |
| Spain | 76.9 | 77.6 | 30.2 | 66.0 | -5.0% |
| Others | 230 | 214 | 597 | 147 | -13.9% |
| Total | 4,665 | 3,154 | 3,023 | 3,089 | -12.8% |
Top Suppliers of Maize Starch to Kuwait in 2022:
- Saudi Arabia (2897.7 tons)
- India (552.9 tons)
- Thailand (520.9 tons)
- Turkey (385.7 tons)
- Germany (211.1 tons)
- Spain (135.2 tons)
Maize Starch Exports in Kuwait
After two years of decline, shipments abroad of maize (corn) starch increased by 38% to 38 tons in 2022. Overall, exports, however, continue to indicate a deep slump.
In value terms, maize starch exports surged to $21K in 2022. Over the period under review, exports, however, recorded a sharp shrinkage.
| Export of Maize Starch in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 58.0 | 33.8 | 7.3 | 21.2 | -28.5% |
| India | N/A | N/A | 1.3 | N/A | 0% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 59.0 | 33.8 | 8.6 | 21.2 | -28.9% |
Top Export Markets for Maize Starch from Kuwait in 2022:
- Iran (38.0 tons)
This report provides an in-depth analysis of the maize starch 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 10621113 - Maize (corn) starch
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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