Kuwait: Coffee Substitutes Market 2024

Coffee Substitutes Market Size in Kuwait

In 2022, the Kuwaiti coffee substitutes market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption showed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Coffee Substitutes Production in Kuwait

In value terms, coffee substitutes production rose to $X in 2022 estimated in export price. In general, production showed a significant expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Coffee substitutes production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Coffee Substitutes Exports

Exports from Kuwait

In 2022, after two years of growth, there was significant decline in overseas shipments of coffee substitutes containing coffee, when their volume decreased by X% to X tons. In general, exports faced a deep slump. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, coffee substitutes exports declined remarkably to $X in 2022. Overall, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for coffee substitutes exports from Kuwait, accounting for a X% share of total exports. Moreover, coffee substitutes exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X tons), fourfold. Bahrain (X tons) ranked third in terms of total exports with a X% share.

From 2013 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Bahrain (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for coffee substitutes containing coffee exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Bahrain (X% per year).

Export Prices by Country

The average coffee substitutes export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2013 to 2022: its price increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coffee substitutes export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per ton) and Bahrain ($X per ton), while the average price for exports to Australia ($X per ton) and Qatar ($X per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Coffee Substitutes Imports

Imports into Kuwait

In 2022, after three years of decline, there was significant growth in purchases abroad of coffee substitutes containing coffee, when their volume increased by X% to X tons. Over the period under review, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, coffee substitutes imports fell to $X in 2022. Overall, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Ethiopia (X tons), India (X tons) and Yemen (X tons) were the main suppliers of coffee substitutes imports to Kuwait, together comprising X% of total imports. The United States, Saudi Arabia, Italy, the Czech Republic and Lebanon lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ethiopia ($X), India ($X) and Yemen ($X) were the largest coffee substitutes suppliers to Kuwait, together accounting for X% of total imports. The United States, Saudi Arabia, Italy, the Czech Republic and Lebanon lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average coffee substitutes import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform