Kuwait: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Kuwait

In 2021, the Kuwaiti fruit or nut preserves market increased by 28% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +123.4% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Kuwait

In value terms, fruit or nut preserves production expanded notably to $X in 2021 estimated in export price. In general, production recorded prominent growth. The pace of growth was the most pronounced in 2019 with an increase of 68% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Kuwait

In 2021, shipments abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes decreased by -83.9% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 4,028%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, fruit or nut preserves exports contracted significantly to $X in 2021. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 1,719%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and Oman (X tons) were the main destinations of fruit or nut preserves exports from Kuwait, with a combined 92% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +64.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for jams, marmalades, fruit jellies, fruit or nut purees and pastes exports from Kuwait, comprising 62% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 26% share of total exports. It was followed by Australia, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates stood at +15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-21.7% per year) and Australia (+77.8% per year).

Export Prices by Country

In 2021, the average fruit or nut preserves export price amounted to $X per ton, with an increase of 60% against the previous year. Over the period under review, the export price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 96% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Oman ($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 Australia (+42.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Kuwait

In 2021, imports of jams, marmalades, fruit jellies, fruit or nut purees and pastes into Kuwait surged to X tons, growing by 67% against 2020 figures. The total import volume increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fruit or nut preserves imports skyrocketed to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +70.5% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) constituted the largest fruit or nut preserves supplier to Kuwait, with a 37% share of total imports. Moreover, fruit or nut preserves imports from India exceeded the figures recorded by the second-largest supplier, Lebanon (X tons), threefold. Saudi Arabia (X tons) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+8.8% per year) and Saudi Arabia (-6.7% per year).

In value terms, the largest fruit or nut preserves suppliers to Kuwait were Lebanon ($X), India ($X) and France ($X), with a combined 41% share of total imports. Saudi Arabia, Malaysia, Turkey, Egypt, the Netherlands, the United States and China lagged somewhat behind, together comprising a further 23%.

Malaysia, with a CAGR of +68.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average fruit or nut preserves import price amounted to $X per ton, which is down by -14% against the previous year. Over the last nine years, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2020 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

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 France ($X per ton), while the price for India ($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 States (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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