Kuwait: Pasta Products Market 2024

Pasta Products Market Size in Kuwait

In 2022, the Kuwaiti pasta products market was finally on the rise to reach $X after three years of decline. Overall, consumption enjoyed a pronounced increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Pasta Products Production in Kuwait

In value terms, pasta products production declined to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Pasta Products Exports

Exports from Kuwait

In 2022, after seven years of growth, there was significant decline in overseas shipments of dried, undried and frozen pasta and pasta products, when their volume decreased by X% to X tons. In general, exports, however, recorded noticeable growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted dramatically in the following year.

In value terms, pasta products exports contracted notably to $X in 2022. Over the period under review, exports, however, continue to indicate a noticeable expansion. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then declined rapidly in the following year.

Exports by Country

Qatar (X tons) was the main destination for pasta products exports from Kuwait, accounting for a X% share of total exports. Moreover, pasta products exports to Qatar exceeded the volume sent to the second major destination, Saudi Arabia (X tons), more than tenfold.

From 2013 to 2022, the average annual growth rate of volume to Qatar stood at X%.

In value terms, Qatar ($X) remains the key foreign market for dried, undried and frozen pasta and pasta products exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Qatar totaled X%.

Export Prices by Country

The average pasta products export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Qatar stood at $X per ton.

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.

Pasta Products Imports

Imports into Kuwait

In 2022, approx. X tons of dried, undried and frozen pasta and pasta products were imported into Kuwait; surging by X% against the year before. Overall, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, pasta products imports reduced modestly to $X in 2022. Over the period under review, imports recorded prominent growth. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of pasta products to Kuwait, with a X% share of total imports. Moreover, pasta products imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. The third position in this ranking was taken by Malaysia (X tons), with a X% share.

From 2013 to 2022, the average annual growth rate of volume from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Malaysia (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of dried, undried and frozen pasta and pasta products to Kuwait, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

From 2013 to 2022, the average annual growth rate of value from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Jordan (X% per year).

Import Prices by Country

In 2022, the average pasta products import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then shrank sharply 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 Jordan ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :