Apr 11, 2019

Kuwait - Bananas - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Banana Market Overview 2019

Banana Market Size in Kuwait

The revenue of the banana market in Kuwait amounted to $X in 2017, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, banana consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when market value increased by X% y-o-y. The banana consumption peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Banana Exports

Exports from Kuwait

In 2017, approx. X tonnes of bananas were exported from Kuwait; surging by X% against the previous year. Overall, banana exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2012, with an increase of X% against the previous year. Over the period under review, the banana exports reached its peak figure volume of X tonnes in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, banana exports amounted to $X in 2017. In general, banana exports continue to indicate a remarkable expansion. Over the period under review, the banana exports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Exports by Country

Iraq (X tonnes) was the main destination of banana exports from Kuwait, with a X% share of total exports. Moreover, banana exports to Iraq exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), more than tenfold.

From 2007 to 2017, the average annual rate of growth in terms of volume to Iraq totaled +X%.

In value terms, Iraq ($X) remains the key foreign market for banana exports from Kuwait, making up X% of total banana exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total exports.

From 2007 to 2017, the average annual growth rate of value to Iraq amounted to +X%.

Export Prices by Country

The average banana export price stood at $X per tonne in 2017, coming down by -X% against the previous year. In general, banana export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, when the average export price increased by X% against the previous year. In that year, the average export prices for bananas attained their peak level of $X per tonne, and then declined slightly in the following year.

Average export prices varied somewhat for the major foreign markets. In 2017, the country with the highest export price was Iraq ($X per tonne), while average price for exports to Saudi Arabia stood at $X per tonne.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Iraq (+X% per year).

Banana Imports

Imports into Kuwait

Banana imports into Kuwait stood at X tonnes in 2017, falling by -X% against the previous year. In general, banana imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. The imports peaked of X tonnes in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, banana imports totaled $X in 2017. Overall, banana imports continue to indicate a mild increase. Over the period under review, the banana imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Imports by Country

In 2017, the Philippines (X tonnes) constituted the largest supplier of banana to Kuwait, with a X% share of total imports. Moreover, banana imports from the Philippines exceeded the figures recorded by the second largest supplier, India (X tonnes), threefold. The third position in this ranking was occupied by Ecuador (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume from the Philippines totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Ecuador (+X% per year).

In value terms, the Philippines ($X) constituted the largest supplier of banana to Kuwait, making up X% of total banana imports. The second position in the ranking was occupied by Ecuador ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from the Philippines amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+X% per year) and India (+X% per year).

Import Prices by Country

In 2017, the average banana import price amounted to $X per tonne, stabilizing at the previous year. In general, the import price indicated a measured increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the banana import price increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2010, when the average import price increased by X% against the previous year. The import price peaked of $X per tonne in 2016, and then declined slightly in the following year.

Average import prices varied noticeably amongst the major supplying countries. In 2017, the countries with the highest import prices were Ecuador ($X per tonne) and Malaysia ($X per tonne), while price for India ($X per tonne) and the Philippines ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 486 - Bananas

This report provides an in-depth analysis of the banana 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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