Kuwait: Dry Onion Market Overview 2020

Dry Onion Market Size in Kuwait

The revenue of the dry onion market in Kuwait amounted to $X in 2018, reducing by -X% against the previous year. In general, dry onion consumption continues to indicate prominent growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Dry onion consumption peaked at $X in 2017, and then declined slightly in the following year.

Dry Onion Production in Kuwait

In value terms, dry onion production totaled $X in 2018 estimated in export prices. In general, dry onion production continues to indicate a strong increase. The growth pace was the most rapid in 2015 when production volume increased by X% against the previous year. Dry onion production peaked at $X in 2017, and then declined slightly in the following year.

Average yield of dry onions in Kuwait amounted to X tonne per ha in 2018, leveling off at the previous year. Over the period under review, the dry onion yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when yield increased by X% year-to-year. Dry onion yield peaked at X tonne per ha in 2011; however, from 2012 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of dry onions were harvested in Kuwait; lowering by -X% against the previous year. Over the period under review, the dry onion harvested area continues to indicate a drastic deduction. The growth pace was the most rapid in 2015 when harvested area increased by X% against the previous year. Dry onion harvested area peaked at X ha in 2010; however, from 2011 to 2018, harvested area remained at a lower figure.

Dry Onion Exports

Exports from Kuwait

In 2018, the amount of dry onions exported from Kuwait amounted to X tonnes, growing by X% against the previous year. Over the period under review, dry onion exports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, dry onion exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, dry onion exports totaled $X in 2018. In general, dry onion exports continue to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. In that year, dry onion exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

Iraq (X tonnes) was the main destination for dry onion exports from Kuwait, with a X% share of total exports. It was followed by India (X tonnes), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Iraq stood at +X%.

In value terms, Iraq ($X) remains the key foreign market for dry onion exports from Kuwait, comprising X% of total dry onion exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Iraq totaled +X%.

Export Prices by Country

The average dry onion export price stood at $X per tonne in 2018, falling by -X% against the previous year. Over the period under review, the dry onion export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, the average export prices for dry onions attained their maximum at $X per tonne in 2017, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was India ($X per tonne), while the average price for exports to Iraq stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Iraq.

Dry Onion Imports

Imports into Kuwait

In 2018, approx. X tonnes of dry onions were imported into Kuwait; growing by X% against the previous year. Overall, the total imports indicated temperate growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, dry onion imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. In that year, dry onion imports attained their peak of X tonnes. From 2014 to 2018, the growth of dry onion imports remained at a somewhat lower figure.

In value terms, dry onion imports stood at $X in 2018. In general, the total imports indicated a tangible expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, dry onion imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

India (X tonnes), Egypt (X tonnes) and Iran (X tonnes) were the main suppliers of dry onion imports to Kuwait, with a combined X% share of total imports. Pakistan, Yemen and Spain lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Pakistan, while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), India ($X) and Iran ($X) were the largest dry onion suppliers to Kuwait, with a combined X% share of total imports. These countries were followed by Yemen, Spain and Pakistan, which together accounted for a further X the main suppliers, Pakistan experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dry onion import price stood at $X per tonne in 2018, surging by X% against the previous year. In general, the dry onion import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for dry onions reached their peak figure at $X per tonne in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Egypt ($X per tonne), while the price for Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Yemen, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform