Kuwait: Plum And Sloe Market 2025

Plum And Sloe Exports

Exports from Kuwait

In 2022, approx. X tons of plums and sloes were exported from Kuwait; declining by -6.9% on 2021 figures. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2016 when exports increased by 106%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, plum and sloe exports reduced notably to $X in 2022. Over the period under review, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of 310% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Iraq (X tons) was the main destination for plum and sloe exports from Kuwait, accounting for a 78% share of total exports. Moreover, plum and sloe exports to Iraq exceeded the volume sent to the second major destination, Bahrain (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Iraq stood at -15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (-10.3% per year) and Saudi Arabia (-18.0% per year).

In value terms, Iraq ($X) remains the key foreign market for plums and sloes exports from Kuwait, comprising 81% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq stood at -9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (-11.9% per year) and Saudi Arabia (-18.8% per year).

Export Prices by Country

In 2022, the average plum and sloe export price amounted to $X per ton, falling by -15.7% against the previous year. Overall, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 98% against the previous year. The export price peaked at $X per ton in 2021, and then shrank rapidly in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Bahrain ($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 Iraq (+7.0%), while the prices for the other major destinations experienced a decline.

Plum And Sloe Imports

Imports into Kuwait

In 2022, plum and sloe imports into Kuwait rose notably to X tons, surging by 5.4% on the year before. Over the period under review, imports posted a moderate increase. The pace of growth appeared the most rapid in 2016 with an increase of 499% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plum and sloe imports declined to $X in 2022. In general, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 512%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Lebanon (X tons) constituted the largest supplier of plum and sloe to Kuwait, accounting for a 42% share of total imports. Moreover, plum and sloe imports from Lebanon exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fourfold. The third position in this ranking was taken by Syrian Arab Republic (X tons), with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from Lebanon stood at +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+20.3% per year) and Syrian Arab Republic (+5.3% per year).

In value terms, Lebanon ($X) constituted the largest supplier of plums and sloes to Kuwait, comprising 32% of total imports. The second position in the ranking was taken by Australia ($X), with a 13% share of total imports. It was followed by Tunisia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Lebanon amounted to +22.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+24.4% per year) and Tunisia (+4.8% per year).

Import Prices by Country

In 2022, the average plum and sloe import price amounted to $X per ton, declining by -14.9% against the previous year. Overall, the import price, however, posted a resilient increase. The growth pace was the most rapid in 2015 when the average import price increased by 41%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then dropped in the following year.

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 Australia ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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