Report Update Nov 1, 2024

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

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Kuwait: Hazelnut Market 2024

Hazelnut Market Size in Kuwait

In 2021, the Kuwaiti hazelnut market increased by 9.7% to $X, rising for the fourth consecutive year after three years of decline. Overall, consumption saw a slight downturn. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Hazelnut Production in Kuwait

In value terms, hazelnut production totaled $X in 2021 estimated in export price. Overall, production saw a precipitous slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by 29%. Hazelnut production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Hazelnut Exports

Exports from Kuwait

In 2017, shipments abroad of hazelnuts decreased by 0% to X tons, falling for the third consecutive year after three years of growth. In general, exports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2014 with an increase of 82%. As a result, the exports attained the peak of X tons. From 2015 to 2017, the growth of the exports failed to regain momentum.

In value terms, hazelnut exports amounted to $X in 2017. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2014 when exports increased by 97% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2017, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for hazelnut exports from Kuwait, accounting for a 73% share of total exports. Moreover, hazelnut exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X tons), threefold.

From 2012 to 2017, the average annual growth rate of volume to Saudi Arabia was relatively modest.

In value terms, the largest markets for hazelnut exported from Kuwait were Saudi Arabia ($X) and Qatar ($X).

Saudi Arabia, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average hazelnut export price stood at $X per ton in 2017, standing approx. at the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 24%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2017, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Qatar ($X per ton), while the average price for exports to Saudi Arabia totaled $X per ton.

From 2012 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+5.7%).

Hazelnut Imports

Imports into Kuwait

In 2021, purchases abroad of hazelnuts decreased by -78% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, imports saw a perceptible setback. The pace of growth was the most pronounced in 2015 when imports increased by 1,202% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, hazelnut imports declined sharply to $X in 2021. Overall, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2015 with an increase of 947%. Imports peaked at $X in 2020, and then shrank sharply in the following year.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest hazelnut supplier to Kuwait, with a 44% share of total imports. Moreover, hazelnut imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X kg), threefold. The third position in this ranking was taken by Turkey (X kg), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+43.8% per year) and Turkey (+3.8% per year).

In value terms, the largest hazelnut suppliers to Kuwait were the United Arab Emirates ($X), Pakistan ($X) and Turkey ($X), with a combined 92% share of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of +48.9%, recorded the highest rates of growth with regard to 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 hazelnut import price stood at $X per ton in 2021, surging by 20% against the previous year. In general, the import price showed strong growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 106% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+24.8%), 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 hazelnuts in the world?

Turkey constituted the country with the largest volume of hazelnut consumption, accounting for 66% of total volume. Moreover, hazelnut consumption in Turkey exceeded the figures recorded by the second-largest consumer, Italy, sixfold. China ranked third in terms of total consumption with a 5.9% share.

What are the largest producers of hazelnuts in the world?

Turkey remains the largest hazelnut producing country worldwide, comprising approx. 67% of total volume. Moreover, hazelnut production in Turkey exceeded the figures recorded by the second-largest producer, Italy, sevenfold. The third position in this ranking was occupied by China, with a 5% share.

What are the leading suppliers of hazelnuts to Kuwait?

In value terms, the United Arab Emirates constituted the largest supplier of hazelnut to Kuwait.

What is the average import price for hazelnuts in Kuwait?

The average hazelnut import price stood at $4,351 per ton in 2020, almost unchanged from the previous year.

This report provides an in-depth analysis of the hazelnut 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 225 - Hazelnuts (Filberts)

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