Kuwait: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in Kuwait

The Kuwaiti non-mineral or non-aerated water market contracted to $X in 2021, waning by -7.6% against the previous year. In general, consumption enjoyed a strong expansion. Non-mineral or non-aerated water consumption peaked at $X in 2020, and then shrank in the following year.

Production of Non-Mineral or Non-Aerated Waters in Kuwait

In value terms, non-mineral or non-aerated water production fell to $X in 2021 estimated in export price. Overall, production saw a prominent expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 40% against the previous year. Non-mineral or non-aerated water production peaked at $X in 2020, and then shrank in the following year.

Exports of Non-Mineral or Non-Aerated Waters

Exports from Kuwait

For the fourth consecutive year, Kuwait recorded decline in overseas shipments of non-mineral or non-aerated waters, which decreased by -45.9% to X litres in 2021. Over the period under review, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 436%. Over the period under review, the exports reached the peak figure at X litres in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, non-mineral or non-aerated water exports declined significantly to $X in 2021. In general, exports recorded a sharp curtailment. The pace of growth was the most pronounced in 2018 when exports increased by 207%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X litres) was the main destination for non-mineral or non-aerated water exports from Kuwait, accounting for a 76% share of total exports. Moreover, non-mineral or non-aerated water exports to the United Arab Emirates exceeded the volume sent to the second major destination, the Netherlands (X litres), tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates stood at -40.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+31.9% per year) and Egypt (+19.2% per year).

In value terms, the Netherlands ($X) remains the key foreign market for non-mineral or non-aerated waters exports from Kuwait, comprising 43% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an 8.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at +31.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-54.4% per year) and Egypt (+37.8% per year).

Export Prices by Country

In 2021, the average non-mineral or non-aerated water export price amounted to $X per litre, dropping by -63.2% against the previous year. Over the period under review, the export price saw a slight slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 1,065%. As a result, the export price attained the peak level of $X per litre. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per litre), while the average price for exports to the United Arab Emirates ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+15.5%), while the prices for the other major destinations experienced a decline.

Imports of Non-Mineral or Non-Aerated Waters

Imports into Kuwait

In 2021, approx. X litres of non-mineral or non-aerated waters were imported into Kuwait; dropping by -19.9% against 2020. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 52%. Imports peaked at X litres in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, non-mineral or non-aerated water imports rose markedly to $X in 2021. Overall, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 72%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Norway (X litres), Turkey (X litres) and the United Arab Emirates (X litres) were the main suppliers of non-mineral or non-aerated water imports to Kuwait, together accounting for 81% of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +47.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) constituted the largest supplier of non-mineral or non-aerated waters to Kuwait, comprising 59% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 12% share of total imports. It was followed by Iceland, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway totaled +33.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+39.0% per year) and Iceland (+29.7% per year).

Import Prices by Country

The average non-mineral or non-aerated water import price stood at $X per litre in 2021, with an increase of 38% against the previous year. Overall, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 88%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in years to come.

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 Norway ($X per litre), while the price for Turkey ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :