Kuwait - Unripened or Uncured Cheese - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUncured Cheese Price in Kuwait - 2021
Contents:
- Uncured Cheese Price in Kuwait (CIF) - 2022
- Uncured Cheese Price in Kuwait (FOB) - 2022
- Uncured Cheese Imports in Kuwait
- Uncured Cheese Exports in Kuwait
Uncured Cheese Price in Kuwait (CIF) - 2022
In 2022, the average uncured cheese import price amounted to $4,058 per ton, shrinking by -6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2013 when the average import price increased by 23%. Over the period under review, average import prices attained the maximum at $4,333 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($6,201 per ton), while the price for Egypt ($2,256 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Uncured Cheese Price in Kuwait (FOB) - 2022
The average uncured cheese export price stood at $1,857 per ton in 2022, falling by -24% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2014 an increase of 20%. As a result, the export price reached the peak level of $3,738 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($4,685 per ton), while the average price for exports to Bahrain ($668 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 Jordan (+12.5%), while the prices for the other major destinations experienced mixed trend patterns.
Uncured Cheese Imports in Kuwait
In 2022, the amount of unripened or uncured cheese imported into Kuwait rose to 7.8K tons, increasing by 3.7% on the year before. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 5%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, uncured cheese imports fell to $32M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15%.
| Import of Uncured Cheese in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 7.3 | 11.1 | 12.2 | 9.9 | 10.7% |
| Turkey | 3.1 | 4.4 | 1.9 | 4.4 | 12.4% |
| Germany | 2.5 | 2.6 | 4.2 | 3.3 | 9.7% |
| United States | 3.2 | 2.7 | 4.1 | 2.9 | -3.2% |
| Jordan | 1.7 | 2.3 | 2.9 | 2.8 | 18.1% |
| Egypt | 3.9 | 2.4 | 1.5 | 2.0 | -20.0% |
| Denmark | 0.8 | 0.5 | 0.5 | 2.0 | 35.7% |
| Others | 4.4 | 4.8 | 5.5 | 4.5 | 0.8% |
| Total | 26.9 | 30.9 | 32.8 | 31.8 | 5.7% |
Top Suppliers of Uncured Cheese to Kuwait in 2022:
- Saudi Arabia (2572.3 tons)
- Turkey (1456.0 tons)
- Egypt (907.5 tons)
- United States (568.7 tons)
- Germany (528.4 tons)
- Denmark (498.7 tons)
- Jordan (495.3 tons)
Uncured Cheese Exports in Kuwait
In 2022, uncured cheese exports from Kuwait reduced dramatically to 140 tons, with a decrease of -16.6% on the previous year. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 373% against the previous year. As a result, the exports reached the peak of 168 tons, and then fell notably in the following year.
In value terms, uncured cheese exports dropped significantly to $261K in 2022. Overall, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 275%. As a result, the exports attained the peak of $411K, and then declined remarkably in the following year.
| Export of Uncured Cheese in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 33.2 | 14.8 | 187 | 116 | 51.7% |
| Saudi Arabia | 39.6 | 37.3 | 165 | 103 | 37.5% |
| Jordan | 29.8 | 22.5 | 30.5 | 19.0 | -13.9% |
| Afghanistan | 10.3 | 8.1 | 9.9 | 7.4 | -10.4% |
| Iraq | 24.2 | 11.1 | 6.5 | 7.0 | -33.9% |
| Iran | 28.7 | 15.2 | 12.4 | 6.2 | -40.0% |
| Bahrain | 5.5 | 0.7 | 0.1 | 2.7 | -21.1% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 171 | 110 | 411 | 261 | 15.1% |
Top Export Markets for Uncured Cheese from Kuwait in 2022:
- Saudi Arabia (85.1 tons)
- Qatar (35.5 tons)
- Afghanistan (4.7 tons)
- Bahrain (4.1 tons)
- Jordan (4.1 tons)
- Iran (4.0 tons)
- Iraq (3.0 tons)
This report provides an in-depth analysis of the uncured cheese 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 10514030 - Unripened or uncured cheese (fresh cheese) (including whey cheese and curd)
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
-
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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