Kuwait: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Kuwait

In 2022, the Kuwaiti pineapple juice (single strength) market increased by X% to $X, rising for the seventh consecutive year after three years of decline. In general, consumption showed buoyant growth. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in years to come.

Production of Pineapple Juice (Single Strength) in Kuwait

In value terms, pineapple juice (single strength) production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X,700%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Kuwait

In 2022, shipments abroad of pineapple juice (single strength) decreased by X% to X tons, falling for the second consecutive year after two years of decline. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, pineapple juice (single strength) exports stood at $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for pineapple juice (single strength) exports from Kuwait, with a X% share of total exports. Moreover, pineapple juice (single strength) exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X tons), more than tenfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United States (X% per year).

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

Export Prices by Country

In 2022, the average pineapple juice (single strength) export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Saudi Arabia ($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 Iraq (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pineapple Juice (Single Strength)

Imports into Kuwait

In 2022, purchases abroad of pineapple juice (single strength) decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, pineapple juice (single strength) imports totaled $X in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Bahrain (X tons), the Philippines (X tons) and Spain (X tons) were the main suppliers of pineapple juice (single strength) imports to Kuwait, with a combined X% share of total imports.

From 2013 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bahrain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Bahrain ($X), the Philippines ($X) and Spain ($X) constituted the largest pineapple juice (single strength) suppliers to Kuwait, together comprising X% of total imports.

Among the main suppliers, Bahrain, 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

The average pineapple juice (single strength) import price stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the import price continues to indicate a measured increase. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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