Report Update Apr 1, 2024

Kuwait - Peaches and Nectarines - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Kuwait

In 2022, the Kuwaiti peach and nectarine market decreased by X% to $X, falling for the third year in a row after three years of growth. Overall, consumption showed a slight decline. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Peach And Nectarine Production in Kuwait

In value terms, peach and nectarine production stood at less than $X in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

In 2022, the average peach and nectarine yield in Kuwait stood at less than X kg per ha, standing approx. at 2021. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of peaches and nectarines in Kuwait amounted to less than X ha, leveling off at 2021 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

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Peach And Nectarine Exports

Exports from Kuwait

In 2020, approx. X tons of peaches and nectarines were exported from Kuwait; flattening at 2019. In general, exports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, peach and nectarine exports amounted to $X in 2020. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

Exports by Country

Iraq (X tons) was the main destination for peach and nectarine exports from Kuwait, accounting for a approx. X% share of total exports.

From 2013 to 2020, the average annual growth rate of volume to Iraq totaled X%.

From 2013 to 2020, the average annual rate of growth in terms of value to Iraq totaled X%.

Export Prices by Country

The average peach and nectarine export price stood at $X per ton in 2020, therefore, remained relatively stable against the previous year. In general, the export price saw a significant increase. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2020 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2013 to 2020, the rate of growth in terms of prices for Iraq amounted to X% per year.

Peach And Nectarine Imports

Imports into Kuwait

For the third year in a row, Kuwait recorded decline in purchases abroad of peaches and nectarines, which decreased by X% to X tons in 2022. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, peach and nectarine imports reduced to $X in 2022. Over the period under review, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Jordan (X tons), South Africa (X tons) and Lebanon (X tons) were the main suppliers of peach and nectarine imports to Kuwait, with a combined X% share of total imports. Turkey, Australia, Spain and Tunisia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest peach and nectarine suppliers to Kuwait were Jordan ($X), South Africa ($X) and Lebanon ($X), with a combined X% share of total imports. Australia, Tunisia, Turkey and Spain lagged somewhat behind, together accounting for a further X%.

Tunisia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average peach and nectarine import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peaches and nectarines in the world?

China constituted the country with the largest volume of peach and nectarine consumption, accounting for 61% of total volume. Moreover, peach and nectarine consumption in China exceeded the figures recorded by the second-largest consumer, Italy, more than tenfold. Spain ranked third in terms of total consumption with a 3.3% share.

What are the largest producers of peaches and nectarines in the world?

The country with the largest volume of peach and nectarine production was China, accounting for 60% of total volume. Moreover, peach and nectarine production in China exceeded the figures recorded by the second-largest producer, Spain, more than tenfold. The third position in this ranking was held by Italy, with a 4.3% share.

What are the leading suppliers of peaches and nectarines to Kuwait?

In value terms, the largest peach and nectarine suppliers to Kuwait were Jordan, South Africa and Lebanon, with a combined 67% share of total imports. Australia, Tunisia, Turkey and Spain lagged somewhat behind, together comprising a further 24%.

What is the average export price for peaches and nectarines in Kuwait?

In 2020, the average peach and nectarine export price amounted to $2,443 per ton, almost unchanged from the previous year.

What is the average import price for peaches and nectarines in Kuwait?

In 2022, the average peach and nectarine import price amounted to $1,994 per ton, jumping by 25% against the previous year.

This report provides an in-depth analysis of the peach and nectarine market 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:

FCL 534 - Peaches and nectarines

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:

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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
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How to increase your profit margins
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023