Kuwait: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Kuwait

After two years of decline, the Kuwaiti orange juice (single strength) market increased by 6.9% to $X in 2021. In general, consumption recorded a significant expansion. Orange juice (single strength) consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Orange Juice (Single Strength) in Kuwait

In value terms, orange juice (single strength) production rose rapidly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 13% against the previous year. Orange juice (single strength) production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Orange Juice (Single Strength)

Exports from Kuwait

Orange juice (single strength) exports from Kuwait contracted to X tons in 2021, reducing by -10.2% on the previous year. Overall, exports faced a deep reduction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, orange juice (single strength) exports contracted to $X in 2021. In general, exports showed a abrupt downturn. The smallest decline of -10.4% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for orange juice (single strength) exports from Kuwait, with a 96% share of total exports. Moreover, orange juice (single strength) exports to Saudi Arabia exceeded the volume sent to the second major destination, Bahrain (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia totaled -15.7%.

In value terms, Saudi Arabia ($X) remains the key foreign market for orange juice (single strength) exports from Kuwait, comprising 94% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 5.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia totaled -15.8%.

Export Prices by Country

The average orange juice (single strength) export price stood at $X per ton in 2021, falling by -2.4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 11% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Bahrain ($X per ton), while the average price for exports to Saudi Arabia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Orange Juice (Single Strength)

Imports into Kuwait

In 2021, imports of orange juice (single strength) into Kuwait contracted to X tons, declining by -12% against the previous year. Overall, imports continue to indicate a precipitous descent. The growth pace was the most rapid in 2016 with an increase of 297% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, orange juice (single strength) imports reduced to $X in 2021. In general, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 158% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest orange juice (single strength) supplier to Kuwait, with a 85% share of total imports. Moreover, orange juice (single strength) imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Bahrain (X tons), eightfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (-39.5% per year) and the United Arab Emirates (-44.1% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of orange juice (single strength) to Kuwait, comprising 86% of total imports. The second position in the ranking was held by Bahrain ($X), with an 8.5% share of total imports. It was followed by the United Arab Emirates, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (-39.2% per year) and the United Arab Emirates (-45.4% per year).

Import Prices by Country

The average orange juice (single strength) import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2015 an increase of 55%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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