Kuwait - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKuwait: Shelled Hazelnut Market 2024
Shelled Hazelnut Market Size in Kuwait
The Kuwaiti shelled hazelnut market plummeted to $X in 2021, dropping by -95.2% against the previous year. Over the period under review, consumption recorded a abrupt slump. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.
Shelled Hazelnut Production in Kuwait
In value terms, shelled hazelnut production dropped notably to $X in 2021 estimated in export price. Overall, production saw a drastic downturn. The pace of growth was the most pronounced in 2015 when the production volume increased by 2,453%. Shelled hazelnut production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.
Shelled Hazelnut Exports
Exports from Kuwait
In 2020, shelled hazelnut exports from Kuwait stood at X tons, approximately mirroring the year before. In general, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2015. The exports peaked in 2020 and are likely to see gradual growth in the immediate term.
In value terms, shelled hazelnut exports amounted to $X in 2020. Overall, exports saw significant growth. The smallest decline of 99.9% was in 2015. The exports peaked in 2020 and are expected to retain growth in years to come.
Exports by Country
The United Arab Emirates (X tons) was the main destination for shelled hazelnut exports from Kuwait, with a 95% share of total exports. Moreover, shelled hazelnut exports to the United Arab Emirates exceeded the volume sent to the second major destination, Bahrain (X kg), more than tenfold.
From 2014 to 2020, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +46.6%.
From 2014 to 2020, the average annual growth rate of value to the United Arab Emirates stood at +92.4%.
Export Prices by Country
The average shelled hazelnut export price stood at $X per ton in 2020, remaining stable against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 a decrease of 99.9% against the previous year. The export price peaked in 2020 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.
From 2014 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+31.3%).
Shelled Hazelnut Imports
Imports into Kuwait
In 2020, the amount of shelled hazelnuts imported into Kuwait contracted remarkably to X tons, with a decrease of -47.8% against 2019. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2019 with an increase of 158%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.
In value terms, shelled hazelnut imports shrank notably to $X in 2020. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of 160% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2020, imports failed to regain momentum.
Imports by Country
In 2020, Turkey (X tons) constituted the largest shelled hazelnut supplier to Kuwait, accounting for a 52% share of total imports. Moreover, shelled hazelnut imports from Turkey exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was held by Lebanon (X tons), with a 13% share.
From 2013 to 2020, the average annual growth rate of volume from Turkey stood at -12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.2% per year) and Lebanon (+12.8% per year).
In value terms, Turkey ($X) constituted the largest supplier of shelled hazelnuts to Kuwait, comprising 47% of total imports. The second position in the ranking was held by the United States ($X), with a 23% share of total imports. It was followed by Lebanon, with a 9.7% share.
From 2013 to 2020, the average annual growth rate of value from Turkey stood at -12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.7% per year) and Lebanon (+9.3% per year).
Import Prices by Country
In 2020, the average shelled hazelnut import price amounted to $X per ton, shrinking by -14.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 46% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2020, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.
From 2013 to 2020, the most notable rate of growth in terms of prices was attained by Iran (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the shelled hazelnut 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:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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