Kuwait - Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNuts Price in Kuwait - 2021
Contents:
- Nuts Price in Kuwait (CIF) - 2022
- Nuts Price in Kuwait (FOB) - 2022
- Nuts Imports in Kuwait
- Nuts Exports in Kuwait
Nuts Price in Kuwait (CIF) - 2022
In 2022, the average nuts import price amounted to $5,755 per ton, with a decrease of -12.4% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nuts import price decreased by -19.2% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 29%. The import price peaked at $7,123 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 the United Arab Emirates ($8,728 per ton), while the price for Lebanon ($1,370 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Nuts Price in Kuwait (FOB) - 2022
In 2022, the average nuts export price amounted to $12,084 per ton, surging by 9.5% against the previous year. In general, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 53% against the previous year. As a result, the export price attained the peak level of $13,663 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($42,333 per ton), while the average price for exports to Iraq ($1,626 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 United Arab Emirates (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Nuts Imports in Kuwait
In 2022, after three years of growth, there was significant decline in supplies from abroad of nuts, when their volume decreased by -24.3% to 2.4K tons. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 4.5% against the previous year.
In value terms, nuts imports shrank rapidly to $14M in 2022. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, imports reached the peak of $22M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Nuts in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.5 | 2.4 | 4.2 | 3.8 | 2.8% |
| United States | 4.1 | 3.9 | 3.1 | 3.1 | -8.9% |
| Iran | 3.1 | 6.9 | 5.2 | 2.7 | -4.5% |
| Turkey | 1.1 | 1.1 | 2.0 | 1.3 | 5.7% |
| Pakistan | 0.8 | 1.6 | 0.9 | 0.4 | -20.6% |
| China | 0.7 | 0.2 | 0.5 | 0.4 | -17.0% |
| Lebanon | 0.1 | 0.5 | 0.2 | 0.3 | 44.2% |
| Chile | 0.2 | 0.7 | 0.4 | 0.3 | 14.5% |
| Others | 3.2 | 4.7 | 4.3 | 1.7 | -19.0% |
| Total | 16.8 | 22.0 | 21.0 | 13.9 | -6.1% |
Top Suppliers of Nuts to Kuwait in 2022:
- Iran (699.2 tons)
- United Arab Emirates (431.9 tons)
- United States (405.1 tons)
- China (218.5 tons)
- Lebanon (196.6 tons)
- Turkey (157.5 tons)
- Chile (83.2 tons)
- Pakistan (21.7 tons)
Nuts Exports in Kuwait
Nuts exports from Kuwait dropped to 33 tons in 2022, declining by -13% against 2021. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year.
In value terms, nuts exports fell modestly to $398K in 2022. In general, exports continue to indicate a abrupt downturn. The smallest decline of -0.1% was in 2021.
| Export of Nuts in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 231 | 175 | 173 | 186 | -7.0% |
| Bahrain | 91.5 | 55.8 | 106 | 90.6 | -0.3% |
| Qatar | 61.1 | 63.0 | 83.7 | 78.1 | 8.5% |
| India | 11.2 | 29.6 | 26.3 | 24.7 | 30.2% |
| Oman | 25.0 | 8.4 | 10.8 | 9.9 | -26.6% |
| Iraq | 6.9 | 4.3 | 8.3 | 6.3 | -3.0% |
| United Arab Emirates | 40.0 | 1.9 | 1.1 | 0.1 | -86.4% |
| Lebanon | 21.8 | 0.9 | N/A | N/A | -95.9% |
| Others | 4.0 | 79.0 | 7.3 | 2.5 | -14.5% |
| Total | 493 | 418 | 417 | 398 | -6.9% |
Top Export Markets for Nuts from Kuwait in 2022:
- United Arab Emirates (undefined tons)
- Saudi Arabia (14.1 tons)
- Bahrain (7.6 tons)
- Qatar (5.4 tons)
- Iraq (3.9 tons)
- India (1.4 tons)
- Oman (0.4 tons)
This report provides an in-depth analysis of the nuts 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:
- FCL 221 - Almonds
- FCL 223 - Pistachios
- FCL 222 - Walnuts
- FCL 220 - Chestnuts
- FCL 217 - Cashew nuts
- FCL 225 - Hazelnuts (Filberts)
- FCL 216 - Brazil nuts
- FCL 234 - Nuts nes
- FCL 224 - Kolanuts
- FCL 226 - Areca nuts
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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This report provides an in-depth analysis of the nuts market in Kuwait.
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This report provides an in-depth analysis of the almond market in Kuwait.
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This report provides an in-depth analysis of the shelled walnut market in Kuwait.
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This report provides an in-depth analysis of the shelled hazelnut market in Kuwait.
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This report provides an in-depth analysis of the walnut market in Kuwait.
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This report provides an in-depth analysis of the pistachio market in Kuwait.
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This report provides an in-depth analysis of the kola nut market in Kuwait.
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This report provides an in-depth analysis of the hazelnut market in Kuwait.
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This report provides an in-depth analysis of the chestnut market in Kuwait.
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This report provides an in-depth analysis of the areca nut market in Kuwait.
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This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.
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Discover the top import markets for nuts and tap into a significant growth opportunity. India, Vietnam, China, Germany, and Italy are among the leading destinations for nut exporters.
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The world nut market is expected to reach a value of USD 92.4 billion by 2030, up from USD 66.6 billion in 2022, growing at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030.
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The global almond market revenue amounted to $10.5B in 2018, going up by 6.5% against the previous year. This figure...
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From 2007 to 2016, the value of the global almond market showed a stable dynamic trend. However, in 2016, the value of the the global almond market dropped to X billion USD. One of the main reasons for this can be explained by the favourable weather
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Global almond consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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In 2015, the country with the largest volume of the almond output was the United States (X thousand tons), accounting for X% of global production.
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The U.S. seized control of almond market. In 2014, the U.S. exported X thousand tons of almonds totaling X million USD, X% over the previous year. Its primary trading partner was Spain, where it supplied X% of its total almond exports in value
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In 2013, the U.S. and Spain were the main global suppliers of almonds with a combined share of X% of global exports. However, the fastest growing suppliers on the global almond market from 2007 to 2013 were Turkey (+X% per year) and China (+X% per
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The global walnut estimated at approx. 2.5M tons on a shelled walnut basis, equating to near $17.1B. Against the pandemic background, and given the tangible rise in walnut outputs, the processing of walnuts into snack products emerges as the new driver of global walnut market growth. The market potential could be also found in the expansion of the range of nut products positioned as “healthy” food.
