Report Update Feb 1, 2025

Kuwait - Asparagus - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Asparagus Market 2025

Asparagus Market Size in Kuwait

The Kuwaiti asparagus market reduced rapidly to $X in 2022, with a decrease of -18.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a remarkable increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Asparagus Exports

Exports from Kuwait

In 2019, the amount of asparagus exported from Kuwait stood at X kg, therefore, remained relatively stable against 2018 figures. Overall, exports continue to indicate a deep setback. The smallest decline of 99.9% was in 2014. The exports peaked at X kg in 2013; however, from 2014 to 2019, the exports remained at a lower figure.

In value terms, asparagus exports stood at $X in 2019. Over the period under review, exports saw a abrupt decline. The smallest decline of 99.9% was in 2014. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X kg) was the main destination for asparagus exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Oman was relatively modest.

From 2013 to 2019, the average annual rate of growth in terms of value to Oman was relatively modest.

Export Prices by Country

In 2019, the average asparagus export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2019, the export prices failed to regain momentum.

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

From 2013 to 2019, the rate of growth in terms of prices for Oman amounted to 0.0% per year.

Asparagus Imports

Imports into Kuwait

In 2022, the amount of asparagus imported into Kuwait declined sharply to X tons, falling by -21.6% compared with the previous year's figure. In general, imports, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2015 when imports increased by 88%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, asparagus imports declined sharply to $X in 2022. Over the period under review, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2017 when imports increased by 121% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest asparagus supplier to Kuwait, with a 32% share of total imports. Moreover, asparagus imports from Thailand exceeded the figures recorded by the second-largest supplier, Syrian Arab Republic (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Syrian Arab Republic (+18.3% per year) and the Netherlands (+34.1% per year).

In value terms, Thailand ($X) constituted the largest supplier of asparagus to Kuwait, comprising 41% of total imports. The second position in the ranking was taken by Syrian Arab Republic ($X), with a 15% share of total imports. It was followed by the Netherlands, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand amounted to +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Syrian Arab Republic (+67.5% per year) and the Netherlands (+33.5% per year).

Import Prices by Country

In 2022, the average asparagus import price amounted to $X per ton, increasing by 4.1% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asparagus import price decreased by -3.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 33%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+41.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asparagus in the world?

China remains the largest asparagus consuming country worldwide, comprising approx. 87% of total volume. Moreover, asparagus consumption in China exceeded the figures recorded by the second-largest consumer, the United States, more than tenfold. Peru ranked third in terms of total consumption with a 2.7% share.

What are the largest producers of asparagus in the world?

China constituted the country with the largest volume of asparagus production, comprising approx. 87% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru, more than tenfold.

What are the leading suppliers of asparagus to Kuwait?

In value terms, Thailand constituted the largest supplier of asparagus to Kuwait, comprising 79% of total imports. The second position in the ranking was occupied by the Netherlands, with a 5.6% share of total imports. It was followed by Egypt, with a 5.5% share.

What is the average export price for asparagus in Kuwait?

In 2013, the average asparagus export price amounted to $29,500 per ton, remaining stable against the previous year.

What is the average import price for asparagus in Kuwait?

In 2021, the average asparagus import price amounted to $7,842 per ton, waning by -33.4% against the previous year.

This report provides an in-depth analysis of the asparagus 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 367 - Asparagus

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024