Report Kuwait - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 27, 2022

Kuwait - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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Kuwait: Sunflower Seed Market 2022

Sunflower Seed Market Size in Kuwait

After three years of growth, the Kuwaiti sunflower seed market decreased by -X% to $X in 2021. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value 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 2021 figures, consumption increased by +X% against 2012 indices. Sunflower seed consumption peaked at $X in 2020, and then declined modestly in the following year.

Sunflower Seed Exports

Exports from Kuwait

In 2021, shipments abroad of sunflower seed increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, sunflower seed exports skyrocketed to $X in 2021. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X tons), Bahrain (X tons) and Saudi Arabia (X tons) were the main destinations of sunflower seed exports from Kuwait, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia totaled +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

The average sunflower seed export price stood at $X per ton in 2021, declining by -X% against the previous year. In general, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Sunflower Seed Imports

Imports into Kuwait

In 2021, supplies from abroad of sunflower seed decreased by -X% to X tons for the first time since 2014, thus ending a six-year rising trend. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2012 indices. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2020, and then declined in the following year.

In value terms, sunflower seed imports fell modestly to $X in 2021. Overall, total imports indicated a strong expansion from 2012 to 2021: its value 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 2021 figures, imports increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2020, and then shrank slightly in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of sunflower seed to Kuwait, accounting for a X% share of total imports. Moreover, sunflower seed imports from China exceeded the figures recorded by the second-largest supplier, Egypt (X tons), ninefold. Argentina (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and Argentina (-X% per year).

In value terms, China ($X) constituted the largest supplier of sunflower seed to Kuwait, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and the United States (-X% per year).

Import Prices by Country

In 2021, the average sunflower seed import price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from China ($X per ton) and the United Arab Emirates ($X per ton), while the price for Argentina ($X per ton) and the United States ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower seed in the world?
+
The countries with the highest volumes of in 2021 were Russia, Ukraine and Argentina, together comprising 60% of global consumption. Turkey, China, Romania, Hungary, Bulgaria, France, the United States, Spain and Tanzania lagged somewhat behind, together comprising a further 27%.
What are the largest producers of sunflower seed in the world?
+
The countries with the highest volumes of in 2021 were Russia, Ukraine and Argentina, with a combined 60% share of global production. These countries were followed by Romania, China, Turkey, Bulgaria, Hungary, France, the United States, Tanzania, Kazakhstan and Spain, which together accounted for a further 30%.
What are the leading suppliers of sunflower seed to Kuwait?
+
In value terms, China constituted the largest supplier of sunflower seed to Kuwait, comprising 79% of total imports. The second position in the ranking was taken by Egypt, with a 7.6% share of total imports. It was followed by the United States, with a 3% share.
What are the leading importers of sunflower seed from Kuwait?
+
In value terms, Saudi Arabia remains the key foreign market for sunflower seed exports from Kuwait, comprising 61% of total exports. The second position in the ranking was held by Qatar, with a 25% share of total exports. It was followed by Bahrain, with a 5.8% share.
What is the average export price for sunflower seed in Kuwait?
+
The average sunflower seed export price stood at $4,409 per ton in 2021, which is down by -6.4% against the previous year.
What is the average import price for sunflower seed in Kuwait?
+
In 2021, the average sunflower seed import price amounted to $1,282 per ton, waning by -2% against the previous year.

This report provides an in-depth analysis of the sunflower seed 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 267 - Sunflower seed
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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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