Kuwait - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Peas Price in Kuwait - 2022
Contents:
- Preserved Peas Price in Kuwait (CIF) - 2022
- Preserved Peas Price in Kuwait (FOB) - 2022
- Preserved Peas Imports in Kuwait
- Preserved Peas Exports in Kuwait
Preserved Peas Price in Kuwait (CIF) - 2022
The average preserved peas import price stood at $888 per ton in 2022, shrinking by -20.6% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved peas import price increased by +39.7% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 45% against the previous year. As a result, import price attained the peak level of $1,118 per ton, and then contracted significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,264 per ton), while the price for China ($454 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Peas Price in Kuwait (FOB) - 2022
In 2022, the average preserved peas export price amounted to $679 per ton, reducing by -21.2% against the previous year. Over the period under review, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of 36%. Over the period under review, the average export prices hit record highs at $1,071 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($4,012 per ton), while the average price for exports to Pakistan ($34 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 Iran (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Peas Imports in Kuwait
In 2022, approx. 1.1K tons of preserved peas were imported into Kuwait; surging by 57% against the previous year's figure. Over the period under review, imports posted moderate growth.
In value terms, preserved peas imports surged to $989K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 decreased by -16.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 72%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Preserved Peas in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 106 | 356 | 275 | 334 | 46.6% |
| United Kingdom | 128 | 185 | 195 | 256 | 26.0% |
| Italy | 197 | 322 | 99.3 | 137 | -11.4% |
| China | 17.5 | 56.1 | 12.7 | 61.4 | 52.0% |
| United States | 71.8 | 113 | 101 | 39.5 | -18.1% |
| United Arab Emirates | 39.5 | 28.4 | 4.1 | 24.2 | -15.1% |
| Turkey | 5.2 | 17.5 | 12.0 | 12.5 | 34.0% |
| Others | 122 | 105 | 95.8 | 124 | 0.5% |
| Total | 687 | 1,183 | 795 | 989 | 12.9% |
Top Suppliers of Preserved Peas to Kuwait in 2022:
- Saudi Arabia (336.8 tons)
- United Kingdom (293.1 tons)
- Italy (186.4 tons)
- China (135.2 tons)
- United Arab Emirates (39.8 tons)
- United States (31.2 tons)
- Turkey (18.0 tons)
Preserved Peas Exports in Kuwait
In 2022, shipments abroad of preserved peas was finally on the rise to reach 4.8 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic setback.
In value terms, preserved peas exports soared to $3.3K in 2022. In general, exports, however, saw a dramatic contraction.
| Export of Preserved Peas in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 3,345 | 2,219 | 849 | 1,810 | -18.5% |
| Saudi Arabia | 1,632 | 866 | 265 | 452 | -34.8% |
| Iraq | 997 | 485 | 136 | 213 | -40.2% |
| Jordan | 409 | 239 | 81.0 | 152 | -28.1% |
| Oman | 562 | 285 | 83.0 | 136 | -37.7% |
| Qatar | 532 | 264 | 76.0 | 121 | -39.0% |
| Bahrain | 57.0 | 26.0 | 7.0 | 10.0 | -44.0% |
| Pakistan | 21.0 | 11.0 | 3.0 | 5.0 | -38.0% |
| Others | 703 | 460 | 179 | 368 | -19.4% |
| Total | 8,258 | 4,855 | 1,679 | 3,267 | -26.6% |
Top Export Markets for Preserved Peas from Kuwait in 2022:
- Tunisia (1765.0 kg)
- Saudi Arabia (1143.0 kg)
- Iraq (724.0 kg)
- Jordan (459.0 kg)
- Oman (223.0 kg)
- Pakistan (148.0 kg)
- Qatar (118.0 kg)
- Bahrain (110.0 kg)
This report provides an in-depth analysis of the preserved peas 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 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes
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
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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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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1584
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1152
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
1338
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1584
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1152
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
