Kuwait - Vinegar - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVinegar Price in Kuwait - 2021
Contents:
- Vinegar Price in Kuwait (CIF) - 2021
- Vinegar Price in Kuwait (FOB) - 2022
- Vinegar Imports in Kuwait
- Vinegar Exports in Kuwait
Vinegar Price in Kuwait (CIF) - 2021
The average vinegar import price stood at $1,423 per ton in December 2021, surging by 17% against the previous month. Overall, import price indicated resilient growth from January 2021 to December 2021: its price increased at an average monthly rate of +5.0% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, vinegar import price increased by +67.0% against October 2021 indices. The pace of growth was the most pronounced in May 2021 an increase of 71% against the previous month. Over the period under review, average import prices attained the peak figure in December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Italy ($3,900 per ton), while the price for India ($124 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 the United States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Vinegar Price in Kuwait (FOB) - 2022
In 2022, the average vinegar export price amounted to $2,733 per ton, surging by 7.9% against the previous year. In general, the export price enjoyed a resilient increase. The growth pace was the most rapid in 2013 an increase of 20%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($6,974 per ton), while the average price for exports to Jordan ($1,028 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 Oman (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Vinegar Imports in Kuwait
In 2022, imports of vinegar into Kuwait rose to 2.9K tons, growing by 4.3% against the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, vinegar imports rose markedly to $3M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of $3.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Vinegar in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 436 | 453 | 424 | 517 | 5.8% |
| Lebanon | 282 | 503 | 393 | 487 | 20.0% |
| United Arab Emirates | 346 | 376 | 333 | 469 | 10.7% |
| Italy | 364 | 501 | 399 | 447 | 7.1% |
| United States | 369 | 579 | 331 | 381 | 1.1% |
| Philippines | 268 | 211 | 286 | 150 | -17.6% |
| Japan | 114 | 36.9 | 68.9 | 71.9 | -14.2% |
| Others | 491 | 621 | 567 | 520 | 1.9% |
| Total | 2,669 | 3,282 | 2,802 | 3,042 | 4.5% |
Top Suppliers of Vinegar to Kuwait in 2022:
- United Arab Emirates (971.8 tons)
- Lebanon (596.1 tons)
- Saudi Arabia (520.4 tons)
- United States (230.1 tons)
- Italy (135.0 tons)
- Philippines (108.6 tons)
- Japan (61.9 tons)
Vinegar Exports in Kuwait
In 2022, shipments abroad of vinegar was finally on the rise to reach 13 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a dramatic curtailment.
In value terms, vinegar exports skyrocketed to $36K in 2022. Overall, exports, however, continue to indicate a precipitous contraction.
| Export of Vinegar in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 84.6 | 45.4 | 2.2 | 19.5 | -38.7% |
| Malaysia | 26.8 | 18.3 | 1.1 | 12.7 | -22.0% |
| Qatar | 1.7 | 1.0 | 0.3 | 2.4 | 12.2% |
| Jordan | 2.0 | 0.9 | N/A | 0.4 | -41.5% |
| Egypt | 9.9 | N/A | N/A | N/A | 0% |
| Others | 7.6 | 2.6 | 0.1 | 0.9 | -50.9% |
| Total | 133 | 68.2 | 3.7 | 35.9 | -35.4% |
Top Export Markets for Vinegar from Kuwait in 2022:
- Iraq (7.5 tons)
- Malaysia (3.5 tons)
- Qatar (1.4 tons)
- Jordan (0.4 tons)
This report provides an in-depth analysis of the vinegar 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 10841130 - Vinegar and substitutes for vinegar made from wine
- Prodcom 10841190 - Vinegar and substitutes for vinegar (excluding made from wine)
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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This report provides an in-depth analysis of the vinegar market in Kuwait.
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This report provides an in-depth analysis of the global vinegar market.
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This report provides an in-depth analysis of the vinegar market in Kuwait.
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This report provides an in-depth analysis of the global vinegar market.
289
Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.
3828
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
1161
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
289
Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.
3828
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
1161
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
