Report Update Nov 1, 2024

Kuwait - Other Cereals - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Other Cereals Market 2024

Other Cereals Market Size in Kuwait

The Kuwaiti other cereals market fell to $X in 2021, with a decrease of -9.5% 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). In general, consumption, however, saw prominent growth. As a result, consumption reached the peak level of $X, and then fell in the following year.

Other Cereals Exports

Exports from Kuwait

In 2020, shipments abroad of other cerealses increased by 348% to X kg, rising for the third consecutive year after two years of decline. Overall, exports, however, recorded a dramatic decline. The pace of growth appeared the most rapid in 2015 when exports increased by 438%. As a result, the exports reached the peak of X tons. From 2016 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, other cereals exports expanded sharply to $X in 2020. In general, exports, however, faced a precipitous curtailment. The pace of growth was the most pronounced in 2015 with an increase of 526%. As a result, the exports attained the peak of $X. From 2016 to 2020, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Jordan (X kg) was the main destination for other cereals exports from Kuwait, with a approx. 100% share of total exports.

From 2014 to 2020, the average annual rate of growth in terms of volume to Jordan was relatively modest.

From 2014 to 2020, the average annual rate of growth in terms of value to Jordan was relatively modest.

Export Prices by Country

The average other cereals export price stood at $X per ton in 2020, with a decrease of -74.8% against the previous year. Overall, the export price recorded a precipitous descent. The pace of growth was the most pronounced in 2015 when the average export price increased by 16%. The export price peaked at $X per ton in 2016; however, from 2017 to 2020, 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 Jordan.

From 2014 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to -20.9% per year.

Other Cereals Imports

Imports into Kuwait

In 2021, the amount of other cerealses imported into Kuwait contracted to X tons, which is down by -7.2% on 2020. Overall, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 233%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, other cereals imports contracted to $X in 2021. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 188% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2021, the United States (X tons) constituted the largest other cereals supplier to Kuwait, accounting for a 52% share of total imports. Moreover, other cereals imports from the United States exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), fivefold. Poland (X tons) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +45.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+81.2% per year) and Poland (+60.0% per year).

In value terms, the United States ($X) constituted the largest supplier of other cereals to Kuwait, comprising 68% of total imports. The second position in the ranking was held by the UK ($X), with a 5.2% share of total imports. It was followed by India, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +56.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+1.5% per year) and India (+14.1% per year).

Import Prices by Country

In 2021, the average other cereals import price amounted to $X per ton, waning by -4.1% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 107%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+28.0%), 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 other cereals in the world?

The countries with the highest volumes of other cereals consumption in 2021 were Poland, Ethiopia and Germany, with a combined 57% share of global consumption. These countries were followed by France, Belarus, Spain, Guinea, Chad, China and Lithuania, which together accounted for a further 24%.

What are the largest producers of other cereals in the world?

The countries with the highest volumes of other cereals production in 2021 were Poland, Ethiopia and Germany, with a combined 58% share of global production. France, Belarus, Spain, Guinea, Chad, China and Lithuania lagged somewhat behind, together comprising a further 23%.

What are the leading suppliers of other cereals to Kuwait?

In value terms, the United States constituted the largest supplier of other cereals to Kuwait, comprising 61% of total imports. The second position in the ranking was occupied by Peru, with a 13% share of total imports. It was followed by the UK, with a 4.7% share.

What is the average export price for other cereals in Kuwait?

In 2020, the average other cereals export price amounted to $3,387 per ton, reducing by -57.2% against the previous year.

What is the average import price for other cereals in Kuwait?

In 2021, the average other cereals import price amounted to $2,314 per ton, jumping by 19% against the previous year.

This report provides an in-depth analysis of the other cereals 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 92 - Quinoa
FCL 94 - Fonio
FCL 97 - Triticale
FCL 103 - Mixed grain
FCL 108 - Cereals, nes

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023