Kuwait: Market for Frozen Fruits And Vegetables 2024

Market Size for Frozen Fruits And Vegetables in Kuwait

The Kuwaiti frozen fruits and vegetables market surged to $X in 2022, with an increase of X% against the previous year. Overall, consumption showed a strong increase. Frozen fruits and vegetables consumption peaked in 2022 and is likely to see gradual growth in years to come.

Production of Frozen Fruits And Vegetables in Kuwait

In value terms, frozen fruits and vegetables production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Frozen fruits and vegetables production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Frozen Fruits And Vegetables

Exports from Kuwait

In 2022, the amount of frozen fruits and vegetables exported from Kuwait skyrocketed to X tons, increasing by X% against the previous year's figure. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2017 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, frozen fruits and vegetables exports surged to $X in 2022. Overall, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and Iraq (X tons) were the main destinations of frozen fruits and vegetables exports from Kuwait, together accounting for X% of total exports. Qatar, Oman and Jordan lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the key foreign market for frozen fruits and vegetables exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Qatar, with a X% share.

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

Export Prices by Country

The average frozen fruits and vegetables export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Iraq ($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 Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Fruits And Vegetables

Imports into Kuwait

In 2022, imports of frozen fruits and vegetables into Kuwait surged to X tons, rising by X% on 2021 figures. The total import volume increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, frozen fruits and vegetables imports skyrocketed to $X in 2022. In general, total imports indicated a strong increase from 2013 to 2022: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Egypt (X tons) and the United States (X tons) were the main suppliers of frozen fruits and vegetables imports to Kuwait, together accounting for X% of total imports. Belgium, France, New Zealand, Canada and India lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest frozen fruits and vegetables suppliers to Kuwait were the Netherlands ($X), Egypt ($X) and the United States ($X), together comprising X% of total imports. Belgium, France, Canada, New Zealand and India lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, France, with a CAGR of X%, saw the highest growth rate of 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

The average frozen fruits and vegetables import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average 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 India ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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