Kuwait - Plums And Sloes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Kuwait - Plums And Sloes - Market Analysis, Forecast, Size, Trends and Insights

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Plum and Sloe Price in Kuwait - 2022

Contents:

  1. Plum and Sloe Price in Kuwait (CIF) - 2021
  2. Plum and Sloe Price in Kuwait (FOB) - 2022
  3. Plum and Sloe Imports in Kuwait
  4. Plum and Sloe Exports in Kuwait

Plum and Sloe Price in Kuwait (CIF) - 2021

The average plum and sloe import price stood at $4,400 per ton in December 2021, picking up by 89% against the previous month. Over the period under review, the import price recorded noticeable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($8,944 per ton), while the price for Spain ($1,556 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 South Africa (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Plum and Sloe Price in Kuwait (FOB) - 2022

In 2022, the average plum and sloe export price amounted to $687 per ton, falling by -15.7% against the previous year. Overall, the export price, however, recorded prominent growth. The growth pace was the most rapid in 2016 an increase of 98%. The export price peaked at $814 per ton in 2021, and then plummeted in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($735 per ton), while the average price for exports to Bahrain ($562 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 Iraq (+6.9%), while the prices for the other major destinations experienced a decline.

Plum and Sloe Imports in Kuwait

Plum and sloe imports into Kuwait rose significantly to 1.9K tons in 2022, with an increase of 5.4% against 2021. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, plum and sloe imports contracted to $2.6M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 26%. As a result, imports attained the peak of $2.9M, and then fell in the following year.

Import of Plum and Sloe in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lebanon34791468683033.7%
Australia355301341335-1.9%
Tunisia21319434533115.8%
Egypt17410327423410.4%
United States18459.971.3149-6.8%
Chile45.534.829.112740.8%
Syrian Arab Republic44.337.296.192.327.7%
South Africa36730762085.6-38.4%
Afghanistan28.939.569.579.840.3%
Italy86.336.139.759.8-11.5%
Turkey56.267.266.444.8-7.3%
Spain60.570.612315.7-36.2%
Others98.512211719826.2%
Total2,0622,2872,8792,5837.8%

Top Suppliers of Plum and Sloe to Kuwait in 2022:

  1. Lebanon (831.1 tons)
  2. Egypt (203.2 tons)
  3. Syrian Arab Republic (123.9 tons)
  4. Chile (121.7 tons)
  5. Tunisia (93.4 tons)
  6. South Africa (88.0 tons)
  7. Australia (79.3 tons)
  8. United States (75.0 tons)
  9. Italy (63.5 tons)
  10. Afghanistan (60.8 tons)
  11. Turkey (21.8 tons)
  12. Spain (10.2 tons)

Plum and Sloe Exports in Kuwait

In 2022, approx. 12 tons of plums and sloes were exported from Kuwait; declining by -6.9% on 2021 figures. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 16%.

In value terms, plum and sloe exports shrank significantly to $8.3K in 2022. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 76%.

Export of Plum and Sloe in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq10.43.58.56.7-13.6%
Bahrain1.80.61.61.3-10.3%
Saudi Arabia0.70.20.40.2-34.1%
Syrian Arab RepublicN/A1.7N/AN/A0%
OthersN/AN/AN/AN/A0%
Total12.96.010.58.3-13.7%

Top Export Markets for Plum and Sloe from Kuwait in 2022:

  1. Iraq (9.4 tons)
  2. Bahrain (2.4 tons)
  3. Saudi Arabia (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plum and sloe 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 536 - Plums

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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