Kuwait: Other Cereals Market 2025

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

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