Kuwait: Onion And Shallot Market 2024

Onion And Shallot Market Size in Kuwait

The Kuwaiti onion and shallot market amounted to $X in 2022, increasing by 14% against the previous year. In general, consumption showed a strong increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Onion And Shallot Production in Kuwait

In value terms, onion and shallot production expanded sharply to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 86%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

In 2022, the average onion and shallot yield in Kuwait amounted to X tons per ha, therefore, remained relatively stable against the previous year. In general, the yield indicated a slight increase from 2012 to 2022: its figure increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, onion and shallot yield decreased by -2.6% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 71%. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2022, the growth of the average onion and shallot yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The onion and shallot harvested area in Kuwait expanded rapidly to X ha in 2022, increasing by 5.9% against the previous year's figure. Over the period under review, the harvested area, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2015 when the harvested area increased by 76%. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the onion and shallot harvested area remained at a lower figure.

Onion And Shallot Exports

Exports from Kuwait

In 2022, the amount of onions and shallots exported from Kuwait totaled X tons, growing by 7.1% on 2021 figures. Over the period under review, exports, however, continue to indicate a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 1,354%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, onion and shallot exports expanded modestly to $X in 2022. Overall, exports, however, continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 1,990%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Iraq (X tons) was the main destination for onion and shallot exports from Kuwait, accounting for a 55% share of total exports. Moreover, onion and shallot exports to Iraq exceeded the volume sent to the second major destination, Saudi Arabia (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq totaled -30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-12.8% per year) and the United Arab Emirates (+17.4% per year).

In value terms, Iraq ($X), Bahrain ($X) and the United Arab Emirates ($X) constituted the largest markets for onion and shallot exported from Kuwait worldwide, with a combined 80% share of total exports.

The United Arab Emirates, with a CAGR of +17.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average onion and shallot export price amounted to $X per ton, reducing by -3.1% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, onion and shallot export price increased by +18.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Kuwait

In 2022, imports of onions and shallots into Kuwait soared to X tons, growing by 16% on 2021 figures. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +9.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.7% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 162% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, onion and shallot imports rose sharply to $X in 2022. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2015 when imports increased by 161% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

India (X tons), Yemen (X tons) and Pakistan (X tons) were the main suppliers of onion and shallot imports to Kuwait, with a combined 66% 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 Yemen (with a CAGR of +60.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest onion and shallot suppliers to Kuwait were India ($X), Yemen ($X) and Egypt ($X), with a combined 58% share of total imports.

Among the main suppliers, Yemen, with a CAGR of +62.1%, saw 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 onion and shallot import price stood at $X per ton in 2022, with a decrease of -1.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 34% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Turkey ($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 (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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