Report Update: May 1, 2024

Kuwait - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights

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Tomato Ketchup Price in Kuwait - 2021

Tomato Ketchup Price in Kuwait (CIF) - 2021

The average tomato ketchup import price stood at $2,027 per ton in December 2021, picking up by 24% against the previous month. In general, the import price, however, saw a slight reduction. The import price peaked at $2,700 per ton in February 2021; however, from March 2021 to December 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($4,069 per ton), while the price for Iran ($745 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 Saudi Arabia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Tomato Ketchup Price in Kuwait (FOB) - 2021

The average tomato ketchup export price stood at $1,576 per ton in December 2021, with a decrease of -2.1% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in March 2021 an increase of 11% month-to-month. Over the period under review, the average export prices hit record highs at $1,679 per ton in August 2021; however, from September 2021 to December 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In December 2021, the highest price was recorded for prices to Iraq ($1,850 per ton) and Bahrain ($1,836 per ton), while the average price for exports to the United Arab Emirates ($1,247 per ton) and Jordan ($1,441 per ton) were 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 (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports in Kuwait

In 2022, purchases abroad of tomato ketchup and tomato sauces decreased by -7.5% to 14K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of 15K tons, and then shrank in the following year.

In value terms, tomato ketchup imports dropped to $16M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, imports attained the peak of $18M, and then shrank in the following year.

Import of Tomato Ketchup in Kuwait (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	1.8	1.7	2.2	3.3	22.4%
Saudi Arabia	1.6	1.8	2.0	3.0	23.3%
Netherlands	1.9	4.3	6.6	2.2	5.0%
United States	3.3	2.4	1.7	2.2	-12.6%
Oman	0.8	0.7	1.3	1.9	33.4%
Egypt	1.3	1.3	2.1	1.3	0.0%
Malaysia	0.2	0.2	0.2	0.4	26.0%
Turkey	0.1	0.2	0.3	0.2	26.0%
Others	0.8	1.2	1.1	1.3	17.6%
Total	12.1	13.9	17.6	15.7	9.1%

Top Suppliers of Tomato Ketchup to Kuwait in 2022:

United Arab Emirates (3.2K tons)
United States (2.9K tons)
Oman (2.0K tons)
Saudi Arabia (1.7K tons)
Egypt (1.4K tons)
Netherlands (0.9K tons)
Turkey (0.3K tons)
Malaysia (0.3K tons)

Tomato Ketchup Exports in Kuwait

In 2022, shipments abroad of tomato ketchup and tomato sauces decreased by -5% to 3.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 104% against the previous year.

In value terms, tomato ketchup exports contracted modestly to $5.9M in 2022. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 118%.

Export of Tomato Ketchup in Kuwait (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Qatar	1.5	4.2	3.7	3.8	36.3%
Saudi Arabia	0.2	0.4	1.3	1.1	76.5%
Jordan	0.4	0.8	0.7	0.5	7.7%
United Arab Emirates	0.5	0.2	0.3	0.3	-15.7%
Others	0.1	0.1	0.2	0.2	26.0%
Total	2.6	5.7	6.1	5.9	31.4%

Top Export Markets for Tomato Ketchup from Kuwait in 2022:

Qatar (2067.9 tons)
Saudi Arabia (883.7 tons)
Jordan (425.8 tons)
United Arab Emirates (257.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tomato ketchup 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 10841230 - Tomato ketchup and other tomato sauces

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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