Kuwait: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Kuwait

In 2020, after two years of decline, there was significant growth in the Kuwaiti roots and tubers, nes market, when its value increased by X% to $X. Overall, consumption recorded a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Roots and tubers, nes consumption peaked in 2020 and is likely to continue growth in the immediate term.

Exports of Roots and Tubers, nes

Exports from Kuwait

In 2020, shipments abroad of roots and tubers, nes increased by X% to X tons, rising for the eighth consecutive year after four years of decline. Over the period under review, exports posted strong growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Exports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, roots and tubers, nes exports shrank sharply to $X in 2020. In general, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then declined notably in the following year.

Exports by Country

Qatar (X tons) was the main destination for roots and tubers, nes exports from Kuwait, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Qatar totaled +X%.

In value terms, Qatar ($X) also remains the key foreign market for roots and tubers, nes exports from Kuwait.

From 2007 to 2020, the average annual growth rate of value to Qatar amounted to +X%.

Export Prices by Country

The average roots and tubers, nes export price stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per ton, and then fell dramatically in the following year.

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

From 2007 to 2020, the rate of growth in terms of prices for Qatar amounted to -X% per year.

Imports of Roots and Tubers, nes

Imports into Kuwait

Roots and tubers, nes imports into Kuwait surged to X tons in 2020, rising by X% on 2019 figures. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, roots and tubers, nes imports soared to $X in 2020. In general, imports showed resilient growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and Egypt (X tons) were the main suppliers of roots and tubers, nes imports to Kuwait, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in India, while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Egypt ($X) were the largest roots and tubers, nes suppliers to Kuwait, together comprising X% of total imports. These countries were followed by Sri Lanka and Lebanon, which together accounted for a further X terms of the main suppliers, Sri Lanka saw the highest rates of growth with regard to 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 roots and tubers, nes import price stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period under review, import price indicated a modest expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2010 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Lebanon ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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