Kuwait - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTemporarily Preserved Vegetable Price in Kuwait - 2022
Contents:
- Temporarily Preserved Vegetable Price in Kuwait (CIF) - 2022
- Temporarily Preserved Vegetable Price in Kuwait (FOB) - 2022
- Temporarily Preserved Vegetable Imports in Kuwait
- Temporarily Preserved Vegetable Exports in Kuwait
Temporarily Preserved Vegetable Price in Kuwait (CIF) - 2022
In 2022, the average temporarily preserved vegetable import price amounted to $1,076 per ton, which is down by -40.2% against the previous year. Overall, the import price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2017 an increase of 41%. The import price peaked at $1,874 per ton in 2018; however, from 2019 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 Greece ($4,259 per ton), while the price for Egypt ($740 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Temporarily Preserved Vegetable Price in Kuwait (FOB) - 2022
In 2021, the average temporarily preserved vegetable export price amounted to $1,202 per ton, which is down by -35.5% against the previous year. Overall, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 36%. Over the period under review, the average export prices reached the peak figure at $3,712 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 Saudi Arabia.
From 2012 to 2021, the rate of growth in terms of prices for Iran amounted to +13.9% per year.
Temporarily Preserved Vegetable Imports in Kuwait
For the fourth consecutive year, Kuwait recorded growth in overseas purchases of vegetables (temporarily preserved), which increased by 66% to 452 tons in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, temporarily preserved vegetable imports contracted slightly to $486K in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 87%. As a result, imports reached the peak of $491K, leveling off in the following year.
Import of Temporarily Preserved Vegetable in Kuwait (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 11.2 | 18.4 | 6.8 | 202 | 162.2% |
Saudi Arabia | 15.3 | 20.4 | 51.5 | 64.7 | 61.7% |
Greece | 8.4 | 30.1 | 29.0 | 35.1 | 61.1% |
Spain | 21.4 | 6.3 | 12.2 | 20.0 | -2.2% |
Thailand | 0.7 | 2.9 | 16.2 | 19.1 | 201.1% |
Bangladesh | 39.5 | 19.4 | 1.6 | 17.6 | -23.6% |
Jordan | 40.9 | 2.4 | 1.7 | 13.8 | -30.4% |
United States | 11.1 | 19.2 | 20.4 | 12.9 | 5.1% |
United Arab Emirates | 21.7 | 6.7 | 6.7 | 11.4 | -19.3% |
Syrian Arab Republic | 18.5 | 14.1 | 2.6 | 8.4 | -23.1% |
Chile | 11.9 | 2.3 | 4.1 | 6.9 | -16.6% |
Iran | 5.4 | 5.5 | 2.3 | 4.2 | -8.0% |
India | 10.0 | 4.5 | 59.1 | 1.0 | -53.6% |
Others | 53.8 | 110 | 277 | 68.7 | 8.5% |
Total | 270 | 263 | 491 | 486 | 21.6% |
Top Suppliers of Temporarily Preserved Vegetable to Kuwait in 2022:
- Egypt (273.5 tons)
- Saudi Arabia (60.9 tons)
- United Arab Emirates (15.2 tons)
- Spain (12.5 tons)
- Bangladesh (10.6 tons)
- United States (10.2 tons)
- Syrian Arab Republic (9.2 tons)
- Thailand (9.1 tons)
- Greece (8.2 tons)
- Chile (5.7 tons)
- Iran (5.2 tons)
- Jordan (4.0 tons)
- India (0.8 tons)
Temporarily Preserved Vegetable Exports in Kuwait
In 2021, exports of vegetables (temporarily preserved) from Kuwait skyrocketed to 21 tons, growing by 81% compared with the previous year's figure. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 109% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.
In value terms, temporarily preserved vegetable exports soared to $26K in 2021. The total export value increased at an average annual rate of +18.6% over the period from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 20%. The exports peaked in 2021 and are expected to retain growth in years to come.
Export of Temporarily Preserved Vegetable in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Saudi Arabia | N/A | N/A | 25.5 | 0% | |
Qatar | N/A | 21.8 | N/A | 0% | |
Iran | 17.0 | N/A | N/A | 0% | |
Bahrain | 1.2 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 18.1 | 21.8 | 25.5 | 18.7% |
Top Export Markets for Temporarily Preserved Vegetable from Kuwait in 2022:
- Saudi Arabia (21.2 tons)
This report provides an in-depth analysis of the temporarily preserved vegetable 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 474 - Vegetables, Temporarily Preserved
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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