Report Update Nov 1, 2024

Kuwait - Lactose and Lactose Syrup - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Lactose Market 2024

Lactose Market Size in Kuwait

The Kuwaiti lactose market contracted to $X in 2022, waning by -8.6% 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). Over the period under review, consumption faced a drastic downturn. Lactose consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Lactose Exports

Exports from Kuwait

In 2022, the amount of lactose and lactose syrup exported from Kuwait reduced markedly to X kg, dropping by -86% against 2021 figures. Overall, exports recorded a sharp curtailment. The growth pace was the most rapid in 2019 with an increase of 66% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, lactose exports dropped rapidly to $X in 2022. In general, exports showed a dramatic setback. The pace of growth appeared the most rapid in 2019 with an increase of 114% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X kg) was the main destination for lactose exports from Kuwait, with a 98% share of total exports. It was followed by Bahrain (X kg), with a 1.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Oman stood at -35.9%.

In value terms, Oman ($X) remains the key foreign market for lactose and lactose syrup exports from Kuwait, comprising 98% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Oman amounted to -28.8%.

Export Prices by Country

The average lactose export price stood at $X per ton in 2022, increasing by 34% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 149% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Oman amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+113.7%), while the prices for the other major destinations experienced mixed trend patterns.

Lactose Imports

Imports into Kuwait

In 2022, imports of lactose and lactose syrup into Kuwait declined dramatically to X tons, waning by -21% against the year before. Overall, imports recorded a deep slump. The pace of growth was the most pronounced in 2017 when imports increased by 252%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, lactose imports totaled $X in 2022. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 211% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Iran (X tons), South Africa (X tons) and the United States (X tons) were the main suppliers of lactose imports to Kuwait, with a combined 68% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of +17.1%), while imports for the other leaders experienced a decline.

In value terms, South Africa ($X) constituted the largest supplier of lactose and lactose syrup to Kuwait, comprising 39% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total imports. It was followed by Iran, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa stood at -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-11.3% per year) and Iran (+16.3% per year).

Import Prices by Country

In 2022, the average lactose import price amounted to $X per ton, picking up by 29% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+20.5%), 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 lactose and lactose syrup in the world?

China constituted the country with the largest volume of lactose consumption, comprising approx. 24% of total volume. Moreover, lactose consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of lactose and lactose syrup in the world?

The countries with the highest volumes of in 2021 were the United States, China and Germany, with a combined 57% share of global production. These countries were followed by India, Russia, the Netherlands, Turkey, France, the UK, Italy and Canada, which together accounted for a further 28%.

What are the leading suppliers of lactose and lactose syrup to Kuwait?

In value terms, South Africa constituted the largest supplier of lactose to Kuwait, comprising 50% of total imports. The second position in the ranking was occupied by the United States, with a 17% share of total imports. It was followed by Saudi Arabia, with a 9% share.

What are the leading importers of lactose and lactose syrup from Kuwait?

In value terms, Bahrain remains the key foreign market for lactose exports from Kuwait.

What is the average export price for lactose and lactose syrup in Kuwait?

In 2021, the average lactose export price amounted to $15,934 per ton, with an increase of 89% against the previous year.

What is the average import price for lactose and lactose syrup in Kuwait?

The average lactose import price stood at $2,324 per ton in 2021, rising by 8.3% against the previous year.

This report provides an in-depth analysis of the lactose 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:

Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)

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