Kuwait - Prepared Dishes and Meals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Prepared Dishes and Meal in Kuwait - 2021
Contents:
- Price for Prepared Dishes and Meal in Kuwait (CIF) - 2021
- Price for Prepared Dishes and Meal in Kuwait (FOB) - 2021
- Imports of Prepared Dishes and Meal in Kuwait
- Exports of Prepared Dishes and Meal in Kuwait
Price for Prepared Dishes and Meal in Kuwait (CIF) - 2021
In December 2021, the average prepared dishes and meal import price amounted to $9,594 per ton, approximately equating the previous month. In general, the import price, however, recorded a mild descent. The growth pace was the most rapid in July 2021 an increase of 26% against the previous month. As a result, import price reached the peak level of $14,053 per ton. From August 2021 to December 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the United States ($31,232 per ton), while the price for the Netherlands ($2,552 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 France (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Prepared Dishes and Meal in Kuwait (FOB) - 2021
The average prepared dishes and meal export price stood at $2,696 per ton in December 2021, declining by -16.6% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 when the average export price increased by 234% month-to-month. As a result, the export price reached the peak level of $4,902 per ton. From November 2021 to December 2021, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Qatar ($6,118 per ton), while the average price for exports to Iraq ($331 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Prepared Dishes and Meal in Kuwait
Prepared dishes and meal imports into Kuwait contracted to 28K tons in 2022, falling by -12.7% against the previous year's figure. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of 32K tons, and then fell in the following year.
In value terms, prepared dishes and meal imports contracted to $150M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.9% 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 increased by +32.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 42%. As a result, imports reached the peak of $176M, and then reduced in the following year.
Import of Prepared Dishes and Meal in Kuwait (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 11.6 | 10.6 | 10.6 | 23.4 | 26.4% |
United Kingdom | 4.9 | 4.8 | 6.1 | 18.1 | 54.6% |
Egypt | 4.4 | 3.6 | 8.1 | 17.8 | 59.3% |
Netherlands | 6.1 | 8.1 | 6.0 | 15.6 | 36.8% |
Germany | 5.2 | 4.3 | 4.5 | 13.6 | 37.8% |
Turkey | 1.7 | 3.0 | 3.6 | 13.3 | 98.5% |
Spain | 8.4 | 7.0 | 4.3 | 12.2 | 13.2% |
Denmark | 3.9 | 4.3 | 4.8 | 9.1 | 32.6% |
Belgium | 10.4 | 14.4 | 9.0 | N/A | -7.0% |
Malaysia | 2.2 | 2.9 | 4.0 | N/A | 34.8% |
United Arab Emirates | 8.2 | 12.7 | 11.7 | N/A | 19.4% |
Italy | 11.6 | 10.3 | 13.0 | N/A | 5.9% |
Bahrain | 11.7 | 10.0 | N/A | N/A | -14.5% |
Others | 22.9 | 28.1 | 90.4 | 27.1 | 5.8% |
Total | 113 | 124 | 176 | 150 | 9.9% |
Top Suppliers of Prepared Dishes and Meal to Kuwait in 2022:
- Netherlands (6.0K tons)
- Turkey (4.2K tons)
- Egypt (3.4K tons)
- United Kingdom (3.1K tons)
- Germany (3.0K tons)
- United States (2.9K tons)
- Denmark (1.4K tons)
- Spain (1.3K tons)
Exports of Prepared Dishes and Meal in Kuwait
In 2022, prepared dishes and meal exports from Kuwait fell markedly to 932 tons, waning by -27.6% compared with the year before. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. As a result, the exports attained the peak of 1.3K tons, and then shrank sharply in the following year.
In value terms, prepared dishes and meal exports fell rapidly to $3.3M in 2022. Overall, exports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year.
Export of Prepared Dishes and Meal in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Jordan | 1,327 | 332 | 1,130 | 3,032 | 31.7% |
Australia | N/A | N/A | 10.2 | 112 | 998.0% |
Canada | 0.4 | 2.7 | N/A | 83.4 | 493.0% |
Turkey | N/A | N/A | 3.2 | 36.8 | 1050.0% |
Sweden | N/A | N/A | N/A | 7.8 | 0% |
Saudi Arabia | 2,916 | 1,858 | 3,119 | N/A | 3.4% |
Others | 278 | 116 | 61.6 | 45.1 | -45.5% |
Total | 4,522 | 2,308 | 4,324 | 3,316 | -9.8% |
Top Export Markets for Prepared Dishes and Meal from Kuwait in 2022:
- Jordan (787.4 tons)
- Sweden (53.0 tons)
- Canada (37.2 tons)
- Australia (32.2 tons)
- Turkey (18.3 tons)
This report provides an in-depth analysis of the market for prepared dishes and meal 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 10851900 - Other prepared dishes and meals (including frozen pizza)
- Prodcom 10891940 - Other food preparations n.e.c.
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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