Kuwait - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKuwait: Market for Mixed Condiments, Sauses and Seasonings 2024
Market Size for Mixed Condiments, Sauses and Seasonings in Kuwait
In 2022, the Kuwaiti market for mixed condiments, sauses and seasonings increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption showed a resilient expansion. Mixed condiment, sause and seasoning consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.
Production of Mixed Condiments, Sauses and Seasonings in Kuwait
In value terms, mixed condiment, sause and seasoning production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Mixed condiment, sause and seasoning production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.
Exports of Mixed Condiments, Sauses and Seasonings
Exports from Kuwait
In 2022, overseas shipments of mixed condiments, sauses and seasonings were finally on the rise to reach X tons after two years of decline. Overall, exports, however, showed a perceptible downturn. The growth pace was the most rapid in 2015 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, mixed condiment, sause and seasoning exports surged to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
Exports by Country
Saudi Arabia (X tons) was the main destination for mixed condiment, sause and seasoning exports from Kuwait, accounting for a X% share of total exports. Moreover, mixed condiment, sause and seasoning exports to Saudi Arabia exceeded the volume sent to the second major destination, Iraq (X tons), fourfold. The third position in this ranking was held by Qatar (X tons), with an X% share.
From 2013 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Qatar (X% per year).
In value terms, Saudi Arabia ($X) emerged as the key foreign market for mixed condiments, sauses and seasonings exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Iraq ($X), with a X% share of total exports. It was followed by Qatar, with an X% share.
From 2013 to 2022, the average annual growth rate of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Qatar (X% per year).
Export Prices by Country
In 2022, the average export price for mixed condiments, sauses and seasonings amounted to $X per ton, picking up by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Iraq ($X per ton) and Bahrain ($X per ton), while the average price for exports to Iran ($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 Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mixed Condiments, Sauses and Seasonings
Imports into Kuwait
In 2022, mixed condiment, sause and seasoning imports into Kuwait rose notably to X tons, increasing by X% on the previous year. 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 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, mixed condiment, sause and seasoning imports expanded sharply to $X in 2022. Overall, total imports indicated buoyant growth from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
Imports by Country
The United States (X tons), Oman (X tons) and the United Arab Emirates (X tons) were the main suppliers of mixed condiment, sause and seasoning imports to Kuwait, together accounting for X% of total imports. Saudi Arabia, Egypt, India, Italy, the Philippines, Thailand, the UK and Belgium lagged somewhat behind, together comprising a further X%.
From 2013 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), Oman ($X) and the United Arab Emirates ($X) constituted the largest mixed condiment, sause and seasoning suppliers to Kuwait, with a combined X% share of total imports. Saudi Arabia, Egypt, India, Italy, the Philippines, Thailand, the UK and Belgium lagged somewhat behind, together accounting for a further X%.
Among the main suppliers, Belgium, with a CAGR of X%, recorded 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
In 2022, the average import price for mixed condiments, sauses and seasonings amounted to $X per ton, picking up by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Oman ($X per ton) and the Philippines ($X per ton), while the price for Thailand ($X per ton) and the UK ($X per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for mixed condiment, sause and seasoning in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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