Kuwait: Date Market 2024

Date Market Size in Kuwait

In 2022, the Kuwaiti date market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Date Production in Kuwait

In value terms, date production amounted to $X in 2022 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Date production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of dates in Kuwait fell to X tons per ha in 2022, shrinking by X% compared with 2021 figures. Over the period under review, the yield continues to indicate a perceptible reduction. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. Over the period under review, the average date yield hit record highs at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of dates production in Kuwait totaled X ha, increasing by X% against the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to date production reached the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Date Exports

Exports from Kuwait

In 2022, after two years of growth, there was significant decline in shipments abroad of dates, when their volume decreased by X% to X tons. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, date exports rose to $X in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X tons) was the main destination for date exports from Kuwait, accounting for a X% share of total exports. Moreover, date exports to Qatar exceeded the volume sent to the second major destination, Turkey (X tons), twofold. Jordan (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Qatar ($X) remains the key foreign market for dates exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Iraq ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

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

Export Prices by Country

In 2022, the average date export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced a decline.

Date Imports

Imports into Kuwait

Date imports into Kuwait rose sharply to X tons in 2022, increasing by X% against 2021. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, date imports rose notably to $X in 2022. In general, imports showed prominent growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest date supplier to Kuwait, accounting for a X% share of total imports. Moreover, date imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Jordan (X tons), ninefold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (X% per year) and the United Arab Emirates (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of dates to Kuwait, comprising X% of total imports. The second position in the ranking was held by Jordan ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average date import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, date import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Jordan ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 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 more modest paces of growth.

Source: IndexBox Platform

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