Kuwait - Groats And Meal Of Cereals (Excluding Wheat) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Wheat Groats Price in Kuwait - 2021
Contents:
- Non-Wheat Groats Price in Kuwait (CIF) - 2021
- Non-Wheat Groats Price in Kuwait (FOB) - 2021
- Non-Wheat Groats Imports in Kuwait
- Non-Wheat Groats Exports in Kuwait
Non-Wheat Groats Price in Kuwait (CIF) - 2021
The average non-wheat groats import price stood at $613 per ton in December 2021, with an increase of 25% against the previous month. Over the period from January 2021 to December 2021, it increased at an average monthly rate of +3.4%. The pace of growth was the most pronounced in February 2021 an increase of 46% month-to-month. As a result, import price reached the peak level of $620 per ton. From March 2021 to December 2021, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the country with the highest price was Italy ($641 per ton), while the price for Turkey amounted to $500 per ton.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by India (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Wheat Groats Price in Kuwait (FOB) - 2021
In December 2021, the average non-wheat groats export price amounted to $578 per ton, remaining constant against the previous month. Overall, the export price saw a abrupt decline. As a result, the export price reached the peak level of $1,179 per ton. From June 2021 to December 2021, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Iraq.
From May 2021 to December 2021, the rate of growth in terms of prices for Iraq amounted to 0.0% per month.
Non-Wheat Groats Imports in Kuwait
Non-wheat groats imports into Kuwait surged to 1.9K tons in 2022, jumping by 20% compared with 2021 figures. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-wheat groats imports soared to $1.5M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Non-Wheat Groats in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 543 | 592 | 296 | 390 | -10.4% |
| Turkey | 22.6 | 44.0 | 88.5 | 131 | 79.6% |
| India | 138 | 90.2 | 41.9 | 93.1 | -12.3% |
| Lebanon | 52.8 | 103 | 0.6 | 49.8 | -1.9% |
| Qatar | 26.3 | 32.3 | 23.2 | 43.9 | 18.6% |
| Belgium | N/A | 5.5 | 17.9 | 43.7 | 181.9% |
| United Arab Emirates | 22.4 | 22.0 | 10.5 | 16.3 | -10.1% |
| Netherlands | 7.6 | 9.3 | 6.5 | 12.7 | 18.7% |
| Others | 48.2 | 55.9 | 466 | 744 | 149.0% |
| Total | 861 | 955 | 951 | 1,524 | 21.0% |
Top Suppliers of Non-Wheat Groats to Kuwait in 2022:
- Italy (518.5 tons)
- Turkey (289.1 tons)
- India (199.3 tons)
- Qatar (72.8 tons)
- Belgium (34.0 tons)
- United Arab Emirates (25.5 tons)
- Netherlands (23.0 tons)
- Lebanon (15.7 tons)
Non-Wheat Groats Exports in Kuwait
In 2022, the amount of groats and meal of cereals (excluding wheat) exported from Kuwait contracted significantly to 14 tons, shrinking by -24.2% on the year before. In general, exports saw a drastic downturn. The smallest decline of -14.8% was in 2020.
In value terms, non-wheat groats exports declined sharply to $11K in 2022. Over the period under review, exports recorded a abrupt curtailment. The smallest decline of -10.7% was in 2021.
| Export of Non-Wheat Groats in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.9 | 12.0 | 0.5 | 8.8 | 113.8% |
| Qatar | 0.8 | 2.4 | 0.1 | 2.0 | 35.7% |
| Iraq | 14.7 | N/A | 12.3 | N/A | -8.5% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 16.4 | 14.5 | 12.9 | 10.9 | -12.7% |
Top Export Markets for Non-Wheat Groats from Kuwait in 2022:
- Saudi Arabia (12.6 tons)
- Qatar (1.7 tons)
This report provides an in-depth analysis of the non-wheat groats 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 10613230 - Groats and meal of oats, maize, rice, rye, barley and other cereals (excluding wheat)
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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