Kuwait: Market for Fresh cheese (unripened or uncured cheese), including whey cheese and curd 2021

Market Size for Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Kuwait

The Kuwaiti market for fresh cheese (unripened or uncured cheese), including whey cheese and curd surged to $X in 2020, picking up by X% against the previous year. Overall, consumption showed a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Kuwait

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd surged to $X in 2020 estimated in export prices. In general, production showed a resilient expansion. The pace of growth was the most pronounced in 2009 when the production volume increased by X% year-to-year. Production peaked in 2020 and is likely to see steady growth in the near future.

Exports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Exports from Kuwait

In 2020, overseas shipments of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd rose to $X in 2020. Over the period under review, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Iran (X tons), Saudi Arabia (X tons) and Iraq (X tons) were the main destinations of exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from Kuwait, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iran, while exports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Iran ($X) and Iraq ($X) appeared to be the largest markets for fresh cheese (unripened or uncured cheese), including whey cheese and curd exported from Kuwait worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Iran recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X per ton in 2020, picking up by X% against the previous year. Overall, export price indicated a perceptible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2010 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Jordan ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Jordan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Imports into Kuwait

After three years of growth, purchases abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons in 2020. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, imports attained the peak of X tons. From 2009 to 2020, the growth of imports failed to regain the momentum.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd declined notably to $X in 2020. Overall, imports recorded a mild decrease. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2019, and then fell sharply in the following year.

Imports by Country

The United Arab Emirates (X tons), Egypt (X tons) and Turkey (X tons) were the main suppliers of imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd to Kuwait, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh cheese (unripened or uncured cheese), including whey cheese and curd suppliers to Kuwait were Egypt ($X), Germany ($X) and Turkey ($X), with a combined X% share of total imports.

In terms of the main suppliers, Turkey recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a prominent expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by +X% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform