Report Update Nov 1, 2024

Kuwait - Glycosides and Vegetable Alkaloids - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Market for Glycosides And Vegetable Alkaloids 2024

Market Size for Glycosides And Vegetable Alkaloids in Kuwait

The Kuwaiti glycosides and vegetable alkaloids market declined modestly to $X in 2021, leveling off at 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 saw a slight setback. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Exports of Glycosides And Vegetable Alkaloids

Exports from Kuwait

In 2021, shipments abroad of glycosides and vegetable alkaloids increased by 172% to X kg, rising for the fifth year in a row after four years of decline. In general, exports, however, showed a pronounced decline. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, glycosides and vegetable alkaloids exports skyrocketed to $X in 2021. Over the period under review, exports saw a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bahrain (X kg) was the main destination for glycosides and vegetable alkaloids exports from Kuwait, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bahrain totaled -3.5%.

In value terms, Bahrain ($X) also remains the key foreign market for glycosides and vegetable alkaloids exports from Kuwait.

From 2012 to 2021, the average annual rate of growth in terms of value to Bahrain totaled +15.9%.

Export Prices by Country

In 2021, the average glycosides and vegetable alkaloids export price amounted to $X per ton, reducing by -1.7% against the previous year. Overall, the export price, however, continues to indicate significant growth. The growth pace was the most rapid in 2014 an increase of 91% against the previous year. The export price peaked at $X per ton in 2020, and then reduced slightly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Bahrain amounted to +20.2% per year.

Imports of Glycosides And Vegetable Alkaloids

Imports into Kuwait

In 2021, the amount of glycosides and vegetable alkaloids imported into Kuwait shrank to X tons, reducing by -9.9% compared with the previous year's figure. Overall, imports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 with an increase of 498%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, glycosides and vegetable alkaloids imports rose markedly to $X in 2021. Over the period under review, imports, however, saw a slight increase. The pace of growth appeared the most rapid in 2017 with an increase of 547%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Sweden (X tons), Saudi Arabia (X tons) and India (X tons) were the main suppliers of glycosides and vegetable alkaloids imports to Kuwait, with a combined 59% share of total imports. These countries were followed by China, Ireland, Italy, the United Arab Emirates and the United States, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +35.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glycosides and vegetable alkaloids suppliers to Kuwait were India ($X), China ($X) and Italy ($X), together comprising 43% of total imports.

In terms of the main suppliers, China, with a CAGR of +31.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glycosides and vegetable alkaloids import price stood at $X per ton in 2021, surging by 20% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, glycosides and vegetable alkaloids import price decreased by -14.5% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 82%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+14.3%), 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 glycosides and vegetable alkaloids in the world?

The countries with the highest volumes of glycosides and vegetable alkaloids consumption in 2020 were China, the United States and India, together comprising 41% of global consumption. France, Uzbekistan, Japan, Brazil, Spain, Indonesia, Ireland, Germany, Turkey and Austria lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of glycosides and vegetable alkaloids in the world?

China constituted the country with the largest volume of glycosides and vegetable alkaloids production, comprising approx. 45% of total volume. Moreover, glycosides and vegetable alkaloids production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Germany ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of glycosides and vegetable alkaloids to Kuwait?

In value terms, India constituted the largest supplier of glycosides and vegetable alkaloids to Kuwait, comprising 38% of total imports. The second position in the ranking was occupied by the UK, with a 17% share of total imports. It was followed by Germany, with a 15% share.

What is the average export price for glycosides and vegetable alkaloids in Kuwait?

In 2015, the average glycosides and vegetable alkaloids export price amounted to $124,500 per ton, remaining stable against the previous year.

What is the average import price for glycosides and vegetable alkaloids in Kuwait?

The average glycosides and vegetable alkaloids import price stood at $48,186 per ton in 2020, which is down by -7.8% against the previous year.

This report provides an in-depth analysis of the market for glycosides and vegetable alkaloids 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:

Prodcom 21105300 - Glycosides and vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023