Kuwait: Mixed Juices Market 2024

Mixed Juices Market Size in Kuwait

In 2022, the Kuwaiti mixed juices market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption showed a strong expansion. Mixed juices consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Mixed Juices Production in Kuwait

In value terms, mixed juices production surged to $X in 2022 estimated in export price. Overall, production, however, showed a deep contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Mixed Juices Exports

Exports from Kuwait

After two years of decline, shipments abroad of mixtures of fruit and vegetable juices increased by X% to X tons in 2022. In general, exports, however, recorded a deep slump. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, mixed juices exports skyrocketed to $X in 2022. Overall, exports, however, faced a abrupt decrease. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Qatar (X tons), Saudi Arabia (X tons) and Jordan (X tons) were the main destinations of mixed juices exports from Kuwait, with a combined X% share of total exports.

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

In value terms, the largest markets for mixed juices exported from Kuwait were Qatar ($X), Saudi Arabia ($X) and Jordan ($X), together comprising X% of total exports.

Among the main countries of destination, Qatar, with a CAGR of X%, 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 a decline.

Export Prices by Country

The average mixed juices export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, export price indicated a moderate increase from 2013 to 2022: its price 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, mixed juices export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jordan ($X per ton) and Bahrain ($X per ton), while the average price for exports to Qatar ($X per ton) and Iraq ($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.

Mixed Juices Imports

Imports into Kuwait

In 2022, after three years of decline, there was significant growth in overseas purchases of mixtures of fruit and vegetable juices, when their volume increased by X% to X tons. In general, imports, however, recorded a slight slump. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, mixed juices imports surged to $X in 2022. Overall, imports showed a measured increase. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest mixed juices supplier to Kuwait, accounting for a X% share of total imports. Moreover, mixed juices imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2013 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: the Netherlands (X% per year) and Spain (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of mixtures of fruit and vegetable juices to Kuwait, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average mixed juices import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, import price indicated a resilient expansion from 2013 to 2022: its price 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, mixed juices import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Saudi Arabia ($X per ton), while the price for Thailand ($X per ton) and Spain ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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