Kuwait: Roasted Coffee Market 2024

Roasted Coffee Market Size in Kuwait

The Kuwaiti roasted coffee market totaled $X in 2022, surging by X% against the previous year. Overall, consumption saw a significant expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Roasted Coffee Production in Kuwait

In value terms, roasted coffee production reduced remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed significant growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Roasted Coffee Exports

Exports from Kuwait

In 2022, after two years of growth, there was significant decline in shipments abroad of roasted coffee, when their volume decreased by X% to X tons. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, roasted coffee exports shrank significantly to $X in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then declined notably in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for roasted coffee exports from Kuwait, with a X% share of total exports. Moreover, roasted coffee exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X tons), sixfold. Oman (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Oman (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for roasted coffee exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the average roasted coffee export price amounted to $X per ton, flattening at the previous year. Overall, the export price showed a strong expansion. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Bahrain ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Oman ($X per ton) and Qatar ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Roasted Coffee Imports

Imports into Kuwait

For the eighth year in a row, Kuwait recorded growth in purchases abroad of roasted coffee, which increased by X% to X tons in 2022. In general, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, roasted coffee imports surged to $X in 2022. Overall, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The UK (X tons), the Netherlands (X tons) and the United Arab Emirates (X tons) were the main suppliers of roasted coffee imports to Kuwait, with a combined X% share of total imports. Saudi Arabia, Italy, Switzerland, Australia, the United States, Germany, France, Malaysia, Lebanon and Ethiopia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest roasted coffee suppliers to Kuwait were Switzerland ($X), the UK ($X) and the Netherlands ($X), together accounting for X% of total imports. The United Arab Emirates, Italy, Saudi Arabia, Australia, the United States, Germany, France, Malaysia, Lebanon and Ethiopia lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the average roasted coffee import price amounted to $X per ton, with a decrease of X% against the previous year. In general, import price indicated a notable expansion from 2013 to 2022: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, roasted coffee import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Switzerland ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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