Kuwait - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Kuwait - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights

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Shelled Walnut Price in Kuwait - 2021

Contents:

  1. Shelled Walnut Price in Kuwait (CIF) - 2021
  2. Shelled Walnut Price in Kuwait (FOB) - 2022
  3. Shelled Walnut Imports in Kuwait
  4. Shelled Walnut Exports in Kuwait

Shelled Walnut Price in Kuwait (CIF) - 2021

In December 2021, the average shelled walnut import price amounted to $3,725 per ton, reducing by -62.2% against the previous month. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in October 2021 an increase of 15% against the previous month. The import price peaked at $9,857 per ton in November 2021, and then plummeted in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($9,711 per ton), while the price for China ($1,672 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 Chile (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Shelled Walnut Price in Kuwait (FOB) - 2022

In 2022, the average shelled walnut export price amounted to $9,315 per ton, rising by 2.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 24%. The export price peaked at $10,731 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($25,218 per ton), while the average price for exports to the United Arab Emirates ($8,530 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 Turkey (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Shelled Walnut Imports in Kuwait

In 2022, imports of shelled walnuts into Kuwait stood at 642 tons, increasing by 3.4% against 2021. The total import volume increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, imports reached the peak of 663 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, shelled walnut imports rose significantly to $4.5M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of $4.8M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Shelled Walnut in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,1073,3312,5642,88711.1%
Chile6708577467885.6%
Indonesia22422825331411.9%
Ukraine16770.2131136-6.6%
China1011011391329.3%
United Arab Emirates59.431.111.090.014.9%
India47.495.751.214.3-32.9%
Others88.212025313114.1%
Total3,4644,8344,1494,4929.0%

Top Suppliers of Shelled Walnut to Kuwait in 2022:

  1. United States (437.6 tons)
  2. Chile (89.7 tons)
  3. China (31.9 tons)
  4. India (25.3 tons)
  5. Ukraine (18.4 tons)
  6. Indonesia (12.1 tons)
  7. United Arab Emirates (11.5 tons)

Shelled Walnut Exports in Kuwait

Shelled walnut exports from Kuwait skyrocketed to 24 tons in 2022, with an increase of 26% on the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 219%. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, shelled walnut exports surged to $221K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 296%. As a result, the exports attained the peak of $272K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Shelled Walnut in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates31.110764.217377.2%
Saudi Arabia18.445.113.616.8-3.0%
Qatar0.892.378.013.9159.0%
Oman10.99.79.912.34.1%
Bahrain7.416.84.75.5-9.4%
Others0.10.8N/AN/A700.0%
Total68.727217022147.6%

Top Export Markets for Shelled Walnut from Kuwait in 2022:

  1. United Arab Emirates (20.2 tons)
  2. Saudi Arabia (1.3 tons)
  3. Qatar (1.1 tons)
  4. Oman (0.9 tons)
  5. Bahrain (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shelled walnut 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 222 - Walnuts

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Shelled Walnuts - Kuwait