Kuwait: Leek Market 2024

Leek Market Size in Kuwait

For the fifth year in a row, the Kuwaiti leek market recorded growth in sales value, which increased by 1.2% to $X in 2022. Over the period under review, consumption posted a strong expansion. Leek consumption peaked in 2022 and is likely to see steady growth in years to come.

Leek Production in Kuwait

In value terms, leek production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded resilient growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 194% against the previous year. Leek production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The average yield of leeks and other alliaceous vegetables in Kuwait stood at less than X kg per ha in 2022, remaining constant against 2021 figures. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the leek harvested area in Kuwait amounted to less than X ha, remaining constant against the year before. Over the period under review, the harvested area showed a relatively flat trend pattern.

Leek Exports

Exports from Kuwait

In 2022, approx. X tons of leeks and other alliaceous vegetables were exported from Kuwait; which is down by -34.6% compared with the year before. Overall, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 2,658% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, leek exports reduced notably to $X in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2017 with an increase of 2,592%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Iraq (X tons) was the main destination for leek exports from Kuwait, accounting for a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Iraq amounted to +19.2%.

In value terms, Iraq ($X) also remains the key foreign market for leeks and other alliaceous vegetables exports from Kuwait.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq totaled +26.4%.

Export Prices by Country

In 2022, the average leek export price amounted to $X per ton, picking up by 28% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, leek export price increased by +63.6% against 2018 indices. The pace of growth appeared the most rapid in 2014 an increase of 33%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +6.1% per year.

Leek Imports

Imports into Kuwait

Leek imports into Kuwait dropped rapidly to X tons in 2022, with a decrease of -34.8% compared with the previous year. In general, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by 331%. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped significantly in the following year.

In value terms, leek imports reduced markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 326% against the previous year. As a result, imports reached the peak of $X, and then fell rapidly in the following year.

Imports by Country

China (X tons), the Netherlands (X tons) and India (X tons) were the main suppliers of leek imports to Kuwait, with a combined 78% 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 India (with a CAGR of +106.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest leek suppliers to Kuwait were the Netherlands ($X), China ($X) and India ($X), together accounting for 61% of total imports.

In terms of the main suppliers, India, with a CAGR of +84.5%, 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 leek import price stood at $X per ton in 2022, falling by -5.3% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 76%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Sri Lanka ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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