Kuwait: Market for Pasta Stuffed With Meat, Fish and Cheese 2024

Market Size for Pasta Stuffed With Meat, Fish and Cheese in Kuwait

The Kuwaiti market for pasta stuffed with meat, fish and cheese shrank to $X in 2022, dropping by -2.7% against the previous year. Over the period under review, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.5% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Pasta Stuffed With Meat, Fish and Cheese in Kuwait

In value terms, meat, fish or cheese pasta production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 60% against the previous year. Meat, fish or cheese pasta production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports from Kuwait

In 2022, the amount of pasta stuffed with meat, fish and cheese exported from Kuwait fell sharply to X tons, which is down by -45.8% against 2021. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 893%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, meat, fish or cheese pasta exports dropped sharply to $X in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 1,139% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Iraq (X tons) was the main destination for meat, fish or cheese pasta exports from Kuwait, with a 67% share of total exports. Moreover, meat, fish or cheese pasta exports to Iraq exceeded the volume sent to the second major destination, Saudi Arabia (X tons), sevenfold. The third position in this ranking was taken by Comoros (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq amounted to +26.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-8.9% per year) and Comoros (+21.0% per year).

In value terms, Iraq ($X) remains the key foreign market for pasta stuffed with meat, fish and cheese exports from Kuwait, comprising 70% of total exports. The second position in the ranking was held by Jordan ($X), with an 8.4% share of total exports. It was followed by Saudi Arabia, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq totaled +16.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+7.0% per year) and Saudi Arabia (-19.5% per year).

Export Prices by Country

The average export price for pasta stuffed with meat, fish and cheese stood at $X per ton in 2022, picking up by 6.9% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 25%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 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 Qatar ($X per ton), while the average price for exports to Oman ($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 Jordan (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports into Kuwait

Meat, fish or cheese pasta imports into Kuwait rose markedly to X tons in 2022, picking up by 7.8% compared with the year before. Overall, imports recorded strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 242% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, meat, fish or cheese pasta imports rose remarkably to $X in 2022. Over the period under review, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 391% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of meat, fish or cheese pasta to Kuwait, accounting for a 29% share of total imports. Moreover, meat, fish or cheese pasta imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. Lebanon (X tons) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+6.0% per year) and Lebanon (+38.3% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of pasta stuffed with meat, fish and cheese to Kuwait, comprising 25% of total imports. The second position in the ranking was taken by Lebanon ($X), with a 12% share of total imports. It was followed by Saudi Arabia, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates amounted to +28.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+22.7% per year) and Saudi Arabia (+9.9% per year).

Import Prices by Country

The average import price for pasta stuffed with meat, fish and cheese stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 43% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, 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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