Report Update: May 1, 2024

Kuwait - Dextrins And Other Modified Starches - Market Analysis, Forecast, Size, Trends And Insights

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Modified Starches Price in Kuwait - 2021

Modified Starches Price in Kuwait (CIF) - 2022

In 2022, the average modified starches import price amounted to $641 per ton, picking up by 8.4% against the previous year. Over the period under review, the import price, however, showed a perceptible slump. The import price peaked at $873 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,340 per ton), while the price for India ($499 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Modified Starches Price in Kuwait (FOB) - 2022

The average modified starches export price stood at $1,591 per ton in 2022, with a decrease of -3.5% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 19%. Over the period under review, the average export prices reached the peak figure at $3,498 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,041 per ton), while the average price for exports to Iraq ($935 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 Saudi Arabia (-3.0%), while the prices for the other major destinations experienced a decline.

Modified Starches Imports in Kuwait

In 2022, imports of dextrins and other modified starches into Kuwait shrank to 6.7K tons, with a decrease of -8.2% on the year before. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. As a result, imports reached the peak of 7.3K tons, and then contracted in the following year.

In value terms, modified starches imports dropped to $4.3M in 2022. Over the period under review, imports saw a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 1% against the previous year.

Import of Modified Starches in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	2,977	2,320	1,359	1,324	-23.7%
Saudi Arabia	139	217	1,290	1,282	109.7%
United Arab Emirates	650	681	787	782	6.4%
Vietnam	407	424	383	447	3.2%
United States	75.2	272	140	139	22.7%
China	20.6	26.0	107	139	89.0%
Others	466	335	251	185	-26.5%
Total	4,736	4,275	4,317	4,296	-3.2%

Top Suppliers of Modified Starches to Kuwait in 2022:

India (2652.1 tons)
Saudi Arabia (1698.4 tons)
United Arab Emirates (1327.2 tons)
Vietnam (384.3 tons)
United States (269.0 tons)
China (142.4 tons)

Modified Starches Exports in Kuwait

In 2022, approx. 114 tons of dextrins and other modified starches were exported from Kuwait; which is down by -38% on the previous year's figure. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 504% against the previous year. As a result, the exports attained the peak of 183 tons, and then dropped significantly in the following year.

In value terms, modified starches exports shrank dramatically to $181K in 2022. In general, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 409% against the previous year. As a result, the exports attained the peak of $302K, and then dropped markedly in the following year.

Export of Modified Starches in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Qatar	140	36.5	188	109	-8.0%
United Arab Emirates	75.8	15.2	57.3	42.8	-17.3%
Saudi Arabia	29.7	2.4	25.6	14.9	-20.5%
Iraq	23.1	5.0	21.0	14.1	-15.2%
Singapore	12.6	N/A	N/A	N/A	0%
Others	4.1	0.3	10.3	N/A	58.5%
Total	285	59.4	302	181	-14.0%

Top Export Markets for Modified Starches from Kuwait in 2022:

Qatar (76.3 tons)
Iraq (15.0 tons)
United Arab Emirates (14.1 tons)
Saudi Arabia (8.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the modified starches 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 10621170 - Dextrins and other modified starches (including esterified or etherified, soluble starch, pregelatinised or swelling starch, d ialdehyde starch, starch treated with formaldehyde or epichlorohydrin)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023