Kuwait: Non-Wheat Flour Market 2024

Non-Wheat Flour Market Size in Kuwait

In 2021, the Kuwaiti non-wheat flour market increased by 3.8% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a perceptible curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Non-Wheat Flour Production in Kuwait

In value terms, non-wheat flour production expanded to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt decline. The pace of growth was the most pronounced in 2016 when the production volume increased by 19% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Non-Wheat Flour Exports

Exports from Kuwait

In 2021, the amount of non-wheat flours exported from Kuwait declined remarkably to X tons, which is down by -81.2% on the previous year's figure. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 2,756%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-wheat flour exports shrank dramatically to $X in 2021. Overall, exports saw a slight setback. The most prominent rate of growth was recorded in 2019 when exports increased by 1,972%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for non-wheat flour exports from Kuwait, with a 97% share of total exports. It was followed by Saudi Arabia (X kg), with a 0.9% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Qatar amounted to +8.3%.

In value terms, Qatar ($X) remains the key foreign market for non-wheat flours exports from Kuwait, comprising 97% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 0.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Qatar was relatively modest.

Export Prices by Country

In 2021, the average non-wheat flour export price amounted to $X per ton, surging by 29% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 56%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-8.1%).

Non-Wheat Flour Imports

Imports into Kuwait

In 2021, overseas purchases of non-wheat flours increased by 7.4% to X tons, rising for the third year in a row after two years of decline. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 when imports increased by 84%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, non-wheat flour imports soared to $X in 2021. Over the period under review, imports posted a strong expansion. The pace of growth was the most pronounced in 2020 when imports increased by 63% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, India (X tons) constituted the largest non-wheat flour supplier to Kuwait, accounting for a 43% share of total imports. Moreover, non-wheat flour imports from India exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+21.0% per year) and the United States (+7.1% per year).

In value terms, India ($X) constituted the largest supplier of non-wheat flours to Kuwait, comprising 43% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by the United Arab Emirates, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+13.4% per year) and the United Arab Emirates (+24.1% per year).

Import Prices by Country

In 2021, the average non-wheat flour import price amounted to $X per ton, growing by 8.5% against the previous year. Overall, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 45% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

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 Thailand ($X per ton), while the price for Saudi Arabia ($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 (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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