Report Update Nov 1, 2024

Kuwait - Oats - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Oat Market 2024

Oat Market Size in Kuwait

In 2022, the Kuwaiti oat market increased by 26% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption recorded a significant increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Oat Exports

Exports from Kuwait

Oat exports from Kuwait skyrocketed to X tons in 2018, with an increase of 107% against 2017 figures. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, oat exports expanded significantly to $X in 2018. Overall, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Iraq (X tons) was the main destination for oat exports from Kuwait, with a approx. 100% share of total exports.

From 2015 to 2018, the average annual growth rate of volume to Iraq amounted to +62.7%.

In value terms, Iraq ($X) emerged as the key foreign market for oats exports from Kuwait.

From 2015 to 2018, the average annual growth rate of value to Iraq stood at +8.7%.

Export Prices by Country

In 2018, the average oat export price amounted to $X per ton, with a decrease of -45.4% against the previous year. Over the period under review, the export price recorded a sharp reduction. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2018, the export prices failed to regain momentum.

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

From 2015 to 2018, the rate of growth in terms of prices for Iraq amounted to -33.2% per year.

Oat Imports

Imports into Kuwait

In 2022, purchases abroad of oats increased by 40% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 601% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, oat imports rose sharply to $X in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 881% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), Ukraine (X tons) and the UK (X tons) were the main suppliers of oat imports to Kuwait, together comprising 81% of total imports. The United States, Australia and Germany lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +68.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest oat suppliers to Kuwait were the United Arab Emirates ($X), the UK ($X) and the United States ($X), with a combined 85% share of total imports. Germany, Ukraine and Australia lagged somewhat behind, together comprising a further 7.3%.

In terms of the main suppliers, Germany, with a CAGR of +82.4%, 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

In 2022, the average oat import price amounted to $X per ton, which is down by -23.6% against the previous year. Overall, the import price, however, saw mild growth. The pace of growth was the most pronounced in 2016 an increase of 137%. 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 Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.0%), 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 oats in the world?

The countries with the highest volumes of oat consumption in 2021 were Russia, Canada and the United States, with a combined 37% share of global consumption.

What are the largest producers of oats in the world?

The countries with the highest volumes of oat production in 2021 were Canada, Russia and Poland, with a combined 42% share of global production. Finland, Australia, Spain, the UK, Brazil, the United States, Sweden, Germany, Argentina and China lagged somewhat behind, together accounting for a further 36%.

What are the leading suppliers of oats to Kuwait?

In value terms, the United Arab Emirates constituted the largest supplier of oat to Kuwait, comprising 59% of total imports. The second position in the ranking was occupied by the UK, with a 20% share of total imports. It was followed by the United States, with a 9.2% share.

What is the average export price for oats in Kuwait?

The average oat export price stood at $638 per ton in 2018, dropping by -45.4% against the previous year.

What is the average import price for oats in Kuwait?

The average oat import price stood at $963 per ton in 2021, waning by -7.2% against the previous year.

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

FCL 75 - Oats

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023