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Kuwait - Sugar - Market Analysis, Forecast, Size, Trends and Insights
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Kuwait: Sugar Market Overview 2021

Sugar Market Size in Kuwait

In 2019, the Kuwaiti sugar market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption enjoyed a strong increase. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2012 to 2019, the growth of the market remained at a somewhat lower figure.

Sugar Exports

Exports from Kuwait

In 2019, approx. X tonnes of sugar were exported from Kuwait; growing by X% on the previous year's figure. Overall, exports showed a buoyant increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

In value terms, sugar exports soared to $X in 2019. In general, exports continue to indicate a significant increase. Exports peaked at $X in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tonnes) was the main destination for sugar exports from Kuwait, accounting for a X% share of total exports. Moreover, sugar exports to Saudi Arabia exceeded the volume sent to the second major destination, Iran (X kg), more than tenfold. The third position in this ranking was occupied by Qatar (X kg), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Saudi Arabia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+X% per year) and Qatar (+X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for sugar exports from Kuwait, comprising X% of total exports. The second position in the ranking was occupied by Qatar ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Saudi Arabia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+X% per year) and Bahrain (+X% per year).

Export Prices by Country

In 2019, the average sugar export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, export price indicated a perceptible increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, sugar export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum in 2019 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Bahrain ($X per tonne), while the average price for exports to Iran ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Iran, while the prices for the other major destinations experienced more modest paces of growth.

Sugar Imports

Imports into Kuwait

In 2019, supplies from abroad of sugar increased by X% to X tonnes, rising for the second year in a row after two years of decline. In general, imports saw a prominent increase. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. From 2012 to 2019, the growth imports remained at a lower figure.

In value terms, sugar imports skyrocketed to $X in 2019. Over the period under review, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, India (X tonnes) constituted the largest sugar supplier to Kuwait, with a X% share of total imports. Moreover, sugar imports from India exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tonnes), more than tenfold. The third position in this ranking was occupied by Mauritius (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-X% per year) and Mauritius (+X% per year).

In value terms, India ($X) constituted the largest supplier of sugar to Kuwait, comprising X% of total imports. The second position in the ranking was occupied by Mauritius ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mauritius (+X% per year) and Singapore (+X% per year).

Import Prices by Country

The average sugar import price stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, the import price enjoyed strong growth. The pace of growth was the most pronounced in 2010 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Mauritius, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugar in the world?
+
The countries with the highest volumes of sugar consumption in 2019 were India (35M tonnes), China (24M tonnes) and Brazil (20M tonnes), together accounting for 39% of global consumption. These countries were followed by Thailand, the U.S., Russia, Mexico, Indonesia, France, Pakistan, Germany and Egypt, which together accounted for a further 30%.
What are the largest producers of sugar in the world?
+
The countries with the highest volumes of sugar production in 2019 were India (35M tonnes), Brazil (28M tonnes) and China (22M tonnes), together accounting for 43% of global production. These countries were followed by Thailand, the U.S., Mexico, Russia, France, Pakistan, Australia, Germany and Guatemala, which together accounted for a further 32%.
What are the leading suppliers of sugar to Kuwait?
+
In value terms, India ($2.3M) constituted the largest supplier of sugar to Kuwait, comprising 66% of total imports. The second position in the ranking was occupied by Mauritius ($390K), with a 11% share of total imports. It was followed by Singapore, with a 6.9% share.
What are the leading importers of sugar from Kuwait?
+
In value terms, Saudi Arabia ($18K) remains the key foreign market for sugar exports from Kuwait, comprising 82% of total exports. The second position in the ranking was occupied by Qatar ($1.7K), with a 7.9% share of total exports. It was followed by Bahrain, with a 5.2% share.
What is the average export price for sugar in Kuwait?
+
In 2019, the average sugar export price amounted to $2,723 per tonne, rising by 31% against the previous year.
What is the average import price for sugar in Kuwait?
+
The average sugar import price stood at $848 per tonne in 2019, rising by 56% against the previous year.

Product coverage:
• FCL 162 - Sugar, Raw Centrifugal
• FCL 163 -

This report provides an in-depth analysis of the sugar 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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