Kuwait: Market for Uncooked Pasta (Not Containing Eggs) 2024

Market Size for Uncooked Pasta (Not Containing Eggs) in Kuwait

In 2021, the Kuwaiti market for uncooked pasta (not containing eggs) increased by 5.7% to $X, rising for the third consecutive year after two years of decline. Overall, consumption enjoyed strong growth. Uncooked pasta (not containing eggs) consumption peaked in 2021 and is likely to see steady growth in the near future.

Production of Uncooked Pasta (Not Containing Eggs) in Kuwait

In value terms, uncooked pasta (not containing eggs) production contracted significantly to $X in 2021 estimated in export price. In general, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 45% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports from Kuwait

In 2021, the amount of uncooked pasta (not containing eggs) exported from Kuwait shrank significantly to X tons, with a decrease of -88.5% on 2020. Overall, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2016 when exports increased by 310%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, uncooked pasta (not containing eggs) exports fell rapidly to $X in 2021. In general, exports recorded a significant decline. The pace of growth was the most pronounced in 2015 when exports increased by 336% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for uncooked pasta (not containing eggs) exports from Kuwait, accounting for a 88% share of total exports. Moreover, uncooked pasta (not containing eggs) exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X tons), more than tenfold. Iraq (X tons) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia amounted to -15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-10.4% per year) and Iraq (-41.1% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for uncooked pasta (not containing eggs) exports from Kuwait, comprising 82% of total exports. The second position in the ranking was held by Qatar ($X), with an 8.3% share of total exports. It was followed by Iraq, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia amounted to -16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-14.8% per year) and Iraq (-29.4% per year).

Export Prices by Country

The average export price for uncooked pasta (not containing eggs) stood at $X per ton in 2021, dropping by -12% against the previous year. Overall, the export price, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2020 an increase of 77%. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+19.9%), while the prices for the other major destinations experienced a decline.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports into Kuwait

For the fifth year in a row, Kuwait recorded growth in purchases abroad of uncooked pasta (not containing eggs), which increased by 2.1% to X tons in 2021. Over the period under review, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by 82%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, uncooked pasta (not containing eggs) imports rose remarkably to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +10.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +38.5% against 2019 indices. The pace of growth was the most pronounced in 2014 when imports increased by 71%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of uncooked pasta (not containing eggs) to Kuwait, accounting for a 78% share of total imports. Moreover, uncooked pasta (not containing eggs) imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +25.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.2% per year) and the United Arab Emirates (-21.3% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of uncooked pasta (not containing eggs) to Kuwait, comprising 75% of total imports. The second position in the ranking was taken by Italy ($X), with a 5.2% share of total imports. It was followed by Malaysia, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia totaled +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-12.4% per year) and Malaysia (-0.1% per year).

Import Prices by Country

The average import price for uncooked pasta (not containing eggs) stood at $X per ton in 2021, picking up by 6.2% against the previous year. In general, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, uncooked pasta (not containing eggs) import price decreased by -26.8% against 2013 indices. The pace of growth was the most pronounced in 2013 an increase of 100% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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