Kuwait: Market for Non-Citrus Fruits Not Elsewhere Classified 2024

Market Size for Non-Citrus Fruits Not Elsewhere Classified in Kuwait

In 2022, the Kuwaiti market for non-citrus fruits not elsewhere classified decreased by -80% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption showed a abrupt descent. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Citrus Fruits Not Elsewhere Classified in Kuwait

In value terms, non-citrus fruits not elsewhere classified production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a slight increase. The pace of growth was the most pronounced in 2019 with an increase of 129%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Non-Citrus Fruits Not Elsewhere Classified

Exports from Kuwait

Non-citrus fruits not elsewhere classified exports from Kuwait skyrocketed to X tons in 2022, growing by 27% compared with the year before. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,040%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, non-citrus fruits not elsewhere classified exports reached $X in 2022. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 690%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Iraq (X tons) was the main destination for non-citrus fruits not elsewhere classified exports from Kuwait, accounting for a 96% share of total exports. Moreover, non-citrus fruits not elsewhere classified exports to Iraq exceeded the volume sent to the second major destination, Jordan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq totaled +34.4%.

In value terms, Iraq ($X) remains the key foreign market for non-citrus fruits not elsewhere classified exports from Kuwait, comprising 79% of total exports. The second position in the ranking was held by Jordan ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq stood at +37.8%.

Export Prices by Country

In 2022, the average export price for non-citrus fruits not elsewhere classified amounted to $X per ton, shrinking by -20.9% against the previous year. Overall, the export price showed a slight decrease. The pace of growth was the most pronounced in 2021 an increase of 20%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Iraq totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+14.9%).

Imports of Non-Citrus Fruits Not Elsewhere Classified

Imports into Kuwait

After two years of growth, supplies from abroad of non-citrus fruits not elsewhere classified decreased by -92.1% to X tons in 2022. In general, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2015 when imports increased by 238%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-citrus fruits not elsewhere classified imports fell sharply to $X in 2022. Overall, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2015 with an increase of 165% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Yemen (X tons) constituted the largest non-citrus fruits not elsewhere classified supplier to Kuwait, accounting for a 51% share of total imports. Moreover, non-citrus fruits not elsewhere classified imports from Yemen exceeded the figures recorded by the second-largest supplier, Lebanon (X tons), threefold. The third position in this ranking was held by Egypt (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Yemen amounted to +87.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+20.3% per year) and Egypt (-15.1% per year).

In value terms, the largest non-citrus fruits not elsewhere classified suppliers to Kuwait were Yemen ($X), Lebanon ($X) and Egypt ($X), with a combined 74% share of total imports.

Among the main suppliers, Yemen, with a CAGR of +99.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for non-citrus fruits not elsewhere classified stood at $X per ton in 2022, increasing by 60% against the previous year. Over the period under review, the import price continues to indicate a temperate increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform