Kuwait - Mushrooms And Truffles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMushroom and Truffle Price in Kuwait - 2021
Contents:
- Mushroom and Truffle Price in Kuwait (CIF) - 2021
- Mushroom and Truffle Price in Kuwait (FOB) - 2021
- Mushroom and Truffle Imports in Kuwait
- Mushroom and Truffle Exports in Kuwait
Mushroom and Truffle Price in Kuwait (CIF) - 2021
The average mushroom and truffle import price stood at $7,609 per ton in December 2021, rising by 12% against the previous month. Overall, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in September 2021 when the average import price increased by 38% month-to-month. Over the period under review, average import prices hit record highs at $8,911 per ton in February 2021; however, from March 2021 to December 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($10,385 per ton), while the price for Iran ($2,042 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.4%), while the prices for the other major suppliers experienced a decline.
Mushroom and Truffle Price in Kuwait (FOB) - 2021
The average mushroom and truffle export price stood at $30,037 per ton in March 2021, surging by 8.8% against the previous month. Over the period from February 2021 to March 2021, it increased at an average monthly rate of +8.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From February 2021 to March 2021, the rate of growth in terms of prices for Qatar amounted to +8.8% per month.
Mushroom and Truffle Imports in Kuwait
In 2022, approx. 2.2K tons of mushrooms and truffles were imported into Kuwait; waning by -22.1% on 2021. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports attained the peak of 2.9K tons, and then fell dramatically in the following year.
In value terms, mushroom and truffle imports declined remarkably to $13M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of $17M, and then dropped sharply in the following year.
| Import of Mushroom and Truffle in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.2 | 5.1 | 5.9 | 2.7 | -13.7% |
| Iran | 1.4 | 0.9 | 1.5 | 2.3 | 18.0% |
| Oman | 0.8 | 0.6 | 1.3 | 1.6 | 26.0% |
| Syrian Arab Republic | 1.2 | 1.2 | 1.2 | 1.5 | 7.7% |
| Lebanon | 0.5 | 0.1 | N/A | 0.5 | 0.0% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Saudi Arabia | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| United States | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Iraq | N/A | N/A | 1.1 | N/A | 0% |
| Others | 4.0 | 5.1 | 5.0 | 3.8 | -1.7% |
| Total | 12.4 | 13.3 | 16.5 | 13.2 | 2.1% |
Top Suppliers of Mushroom and Truffle to Kuwait in 2022:
- Netherlands (454.4 tons)
- Iran (274.7 tons)
- Oman (257.9 tons)
- Syrian Arab Republic (219.7 tons)
- United Arab Emirates (176.1 tons)
- Lebanon (109.9 tons)
- Saudi Arabia (38.0 tons)
- United States (37.7 tons)
Mushroom and Truffle Exports in Kuwait
After three years of growth, shipments abroad of mushrooms and truffles decreased by -17.5% to 33 tons in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 7,374%.
In value terms, mushroom and truffle exports totaled $282K in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 6,207% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Mushroom and Truffle in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 1.7 | 112 | 235 | 245 | 424.3% |
| Saudi Arabia | 0.4 | 20.6 | 28.7 | 35.7 | 346.9% |
| Others | N/A | 0.5 | 0.5 | 1.2 | 54.9% |
| Total | 2.1 | 133 | 264 | 282 | 412.1% |
Top Export Markets for Mushroom and Truffle from Kuwait in 2022:
- Qatar (17.1 tons)
- Saudi Arabia (15.6 tons)
This report provides an in-depth analysis of the mushroom and truffle 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 449 - Mushrooms
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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