Kuwait: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Kuwait

In 2021, after two years of growth, there was significant decline in the Kuwaiti market for concentrated lemon and other citrus fruit juice, when its value decreased by -12.7% to $X. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Concentrated Lemon And Other Citrus Fruit Juice in Kuwait

In value terms, production of concentrated lemon and other citrus fruit juice reduced slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by 10% against the previous year. Over the period under review, production of attained the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Kuwait

In 2021, shipments abroad of concentrated lemon and other citrus fruit juice was finally on the rise to reach X tons after two years of decline. In general, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 862% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of concentrated lemon and other citrus fruit juice skyrocketed to $X in 2021. Overall, exports saw a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by 726% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for exports of concentrated lemon and other citrus fruit juice from Kuwait, accounting for a 77% share of total exports. Moreover, exports of concentrated lemon and other citrus fruit juice to Saudi Arabia exceeded the volume sent to the second major destination, Bahrain (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia stood at +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+19.9% per year) and Qatar (-11.7% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for concentrated lemon and other citrus fruit juice exports from Kuwait, comprising 73% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia amounted to +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+14.4% per year) and Qatar (-12.2% per year).

Export Prices by Country

In 2021, the average export price for concentrated lemon and other citrus fruit juice amounted to $X per ton, dropping by -5.7% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 an increase of 14%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+5.6%), while the prices for the other major destinations experienced a decline.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Kuwait

In 2021, the amount of concentrated lemon and other citrus fruit juice imported into Kuwait declined notably to X tons, with a decrease of -74.4% on the previous year. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 110% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, imports of concentrated lemon and other citrus fruit juice dropped significantly to $X in 2021. In general, imports saw a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of 154%. Over the period under review, imports of attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Egypt (X tons) constituted the largest concentrated lemon and other citrus fruit juice supplier to Kuwait, accounting for a 30% share of total imports. Moreover, imports of concentrated lemon and other citrus fruit juice from Egypt exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume from Egypt stood at +29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-23.3% per year) and Turkey (-5.4% per year).

In value terms, Egypt ($X) constituted the largest supplier of concentrated lemon and other citrus fruit juice to Kuwait, comprising 28% of total imports. The second position in the ranking was held by Turkey ($X), with a 13% share of total imports. It was followed by Malaysia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Egypt totaled +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+7.8% per year) and Malaysia (-9.8% per year).

Import Prices by Country

In 2021, the average import price for concentrated lemon and other citrus fruit juice amounted to $X per ton, with an increase of 4.3% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for concentrated lemon and other citrus fruit juice increased by +20.8% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 73% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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