Report Update Apr 1, 2024

Kuwait - Plantains - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Plantain Market 2024

Plantain Market Size in Kuwait

After four years of growth, the Kuwaiti plantain market decreased by X% to $X in 2022. In general, consumption, however, recorded significant growth. Plantain consumption peaked at $X in 2021, and then shrank dramatically in the following year.

Plantain Exports

Exports from Kuwait

In 2019, plantain exports from Kuwait stood at X tons, remaining constant against 2018. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked in 2019 and are likely to continue growth in the immediate term.

In value terms, plantain exports totaled $X in 2019. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Iraq (X tons) was the main destination for plantain exports from Kuwait, accounting for a X% share of total exports. It was followed by Oman (X kg), with a X% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Iraq stood at X%.

From 2013 to 2019, the average annual rate of growth in terms of value to Iraq amounted to X%.

Export Prices by Country

The average plantain export price stood at $X per ton in 2019, therefore, remained relatively stable against the previous year. In general, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2014 a decrease of X%. The export price peaked in 2019 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2019, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Iraq totaled $X per ton.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%).

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Plantain Imports

Imports into Kuwait

After nine years of growth, purchases abroad of plantains decreased by X% to X tons in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank sharply in the following year.

In value terms, plantain imports fell remarkably to $X in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then declined notably in the following year.

Imports by Country

In 2022, Ecuador (X tons) constituted the largest plantain supplier to Kuwait, accounting for a X% share of total imports. Moreover, plantain imports from Ecuador exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The Philippines (X tons) ranked third in terms of total imports with an X% share.

From 2013 to 2022, the average annual growth rate of volume from Ecuador amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the Philippines (X% per year).

In value terms, Ecuador ($X) constituted the largest supplier of plantains to Kuwait, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by the Philippines, with an X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from Ecuador stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the Philippines (X% per year).

Import Prices by Country

The average plantain import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat 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 ($X per ton) and India ($X per ton), while the price for Ecuador ($X per ton) and Sri Lanka ($X per ton) were amongst the lowest.

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

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Frequently Asked Questions (FAQ) :

What are the largest markets for plantains in the world?

The countries with the highest volumes of consumption in 2023 were Uganda, Democratic Republic of the Congo and Cameroon, together comprising 47% of global consumption.

What are the largest producers of plantains in the world?

The countries with the highest volumes of production in 2022 were Uganda, Democratic Republic of the Congo and Cameroon, with a combined 42% share of global production.

What are the leading suppliers of plantains to Kuwait?

In value terms, Ecuador constituted the largest supplier of plantains to Kuwait, comprising 54% of total imports. The second position in the ranking was held by India, with a 26% share of total imports. It was followed by the Philippines, with an 11% share.

What is the average export price for plantains in Kuwait?

The average plantain export price stood at $577 per ton in 2019, remaining relatively unchanged against the previous year.

What is the average import price for plantains in Kuwait?

In 2022, the average plantain import price amounted to $943 per ton, surging by 6.1% against the previous year.

This report provides an in-depth analysis of the plantain 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 489 - Plantains

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.

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