Kuwait: Root And Tuber Market 2022

Root And Tuber Market Size in Kuwait

The Kuwaiti root and tuber market declined to $X in 2021, waning by -6.6% against the previous year. In general, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +6.2% against 2019 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Root And Tuber Production in Kuwait

In value terms, root and tuber production fell to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 241% against the previous year. Root and tuber production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

The average yield of roots and tubers in Kuwait declined to X tons per ha in 2021, approximately reflecting 2020 figures. In general, the yield, however, saw a perceptible increase. The pace of growth appeared the most rapid in 2017 when the yield increased by 129% against the previous year. The root and tuber yield peaked at X tons per ha in 2015; however, from 2016 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The root and tuber harvested area in Kuwait dropped to X ha in 2021, with a decrease of -9.1% against 2020 figures. Overall, the harvested area saw a deep setback. The pace of growth was the most pronounced in 2017 when the harvested area increased by 51%. Over the period under review, the harvested area dedicated to root and tuber production attained the peak figure at X ha in 2013; however, from 2014 to 2021, the harvested area remained at a lower figure.

Root And Tuber Exports

Exports from Kuwait

In 2021, shipments abroad of roots and tubers decreased by -0.6% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 1,371% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, root and tuber exports skyrocketed to $X in 2021. Overall, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2016 when exports increased by 674%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for root and tuber exports from Kuwait, accounting for a approx. 73% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Qatar stood at +28.4%.

In value terms, Qatar ($X) also remains the key foreign market for root and tuber exports from Kuwait.

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar amounted to +7.5%.

Export Prices by Country

In 2021, the average root and tuber export price amounted to $X per ton, picking up by 48% against the previous year. In general, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 593% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Iraq amounted to +0.3% per year.

Root And Tuber Imports

Imports into Kuwait

In 2021, approx. X tons of roots and tubers were imported into Kuwait; which is down by -2.5% against the previous year. In general, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +1.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 64%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, root and tuber imports contracted to $X in 2021. Overall, imports, however, showed prominent growth. The pace of growth appeared the most rapid in 2014 when imports increased by 89% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) was the main supplier of root and tuber to Kuwait, with a 98% share of total imports. It was followed by Egypt (X tons), with a 1.3% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+6.2% per year) and India (-5.0% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of root and tuber to Kuwait, comprising 94% of total imports. The second position in the ranking was taken by Egypt ($X), with a 3.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+14.6% per year) and India (-2.8% per year).

Import Prices by Country

In 2021, the average root and tuber import price amounted to $X per ton, shrinking by -3.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.6%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 35%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Egypt ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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