Kuwait: Sugar Beet Market 2025

Sugar Beet Market Size in Kuwait

After five years of growth, the Kuwaiti sugar beet market decreased by -15.4% to $X in 2022. Overall, consumption recorded a abrupt slump. Sugar beet consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Sugar Beet Production in Kuwait

In value terms, sugar beet production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 39%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

In 2022, the average yield of sugar beet in Kuwait amounted to less than X kg per ha, almost unchanged from 2021. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of sugar beet production in Kuwait amounted to less than X ha, standing approx. at the previous year. In general, the harvested area recorded a relatively flat trend pattern.

Sugar Beet Exports

Exports from Kuwait

In 2016, sugar beet exports from Kuwait surged to X tons, increasing by 100% against 2015. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 312%. Over the period under review, the exports hit record highs in 2016 and are expected to retain growth in the immediate term.

In value terms, sugar beet exports soared to $X in 2016. Overall, exports recorded significant growth. The growth pace was the most rapid in 2015 with an increase of 387% against the previous year. Over the period under review, the exports attained the maximum in 2016 and are likely to see gradual growth in years to come.

Exports by Country

Turkey (X tons) was the main destination for sugar beet exports from Kuwait, with a 90% share of total exports. Moreover, sugar beet exports to Turkey exceeded the volume sent to the second major destination, Egypt (X tons), ninefold.

From 2014 to 2016, the average annual rate of growth in terms of volume to Turkey amounted to +79.3%.

In value terms, Turkey ($X) remains the key foreign market for sugar beet exports from Kuwait, comprising 86% of total exports. The second position in the ranking was held by Egypt ($X), with a 14% share of total exports.

From 2014 to 2016, the average annual growth rate of value to Turkey stood at +83.1%.

Export Prices by Country

The average sugar beet export price stood at $X per ton in 2016, rising by 6.6% against the previous year. Over the period from 2014 to 2016, it increased at an average annual rate of +12.3%. The growth pace was the most rapid in 2015 an increase of 18% against the previous year. The export price peaked in 2016 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2016, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Turkey stood at $X per ton.

From 2014 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.2%).

Sugar Beet Imports

Imports into Kuwait

In 2022, after four years of growth, there was significant decline in purchases abroad of sugar beet, when their volume decreased by -13.9% to X tons. In general, imports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 when imports increased by 99%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar beet imports reduced dramatically to $X in 2022. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest sugar beet supplier to Kuwait, with a 54% share of total imports. Moreover, sugar beet imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Egypt (X tons), threefold. Spain (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+14.8% per year) and Spain (-16.2% per year).

In value terms, the United Arab Emirates ($X), Spain ($X) and Indonesia ($X) constituted the largest sugar beet suppliers to Kuwait, with a combined 51% share of total imports. Iran, India, Egypt and China lagged somewhat behind, together accounting for a further 18%.

Among the main suppliers, India, with a CAGR of +24.9%, recorded 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

In 2022, the average sugar beet import price amounted to $X per ton, falling by -10.3% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2013 an increase of 22%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 China ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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