Kuwait - Cereal Flours - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCereal Flour Price in Kuwait - 2021
Contents:
- Cereal Flour Price in Kuwait (FOB) - 2022
- Cereal Flour Price in Kuwait (CIF) - 2021
- Cereal Flour Exports in Kuwait
- Cereal Flour Imports in Kuwait
Cereal Flour Price in Kuwait (FOB) - 2022
The average cereal flour export price stood at $631 per ton in 2022, standing approx. at the previous year. Overall, the export price continues to indicate a mild descent. The pace of growth appeared the most rapid in 2018 an increase of 3.1%. Over the period under review, the average export prices attained the peak figure at $696 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Qatar ($697 per ton) and the United Arab Emirates ($648 per ton), while the average price for exports to Iraq ($599 per ton) and Saudi Arabia ($626 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-0.8%), while the prices for the other major destinations experienced a decline.
Cereal Flour Price in Kuwait (CIF) - 2021
The average cereal flour import price stood at $694 per ton in December 2021, which is down by -7.7% against the previous month. Over the period under review, the import price showed a noticeable curtailment. The growth pace was the most rapid in August 2021 when the average import price increased by 26% month-to-month. The import price peaked at $1,061 per ton in October 2021; however, from November 2021 to December 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the United States ($2,816 per ton), while the price for the United Arab Emirates ($590 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereal Flour Exports in Kuwait
In 2022, shipments abroad of cereal flours increased by 5.3% to 82K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a slight reduction.
In value terms, cereal flour exports expanded slightly to $52M in 2022. Overall, exports, however, saw a mild setback.
Export of Cereal Flour in Kuwait (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 44.7 | 41.4 | 38.7 | 40.1 | -3.6% |
Qatar | 1.8 | 2.1 | 3.7 | 3.8 | 28.3% |
Iraq | 4.5 | 3.7 | 2.7 | 3.5 | -8.0% |
United Arab Emirates | 2.4 | 3.3 | 3.5 | 3.4 | 12.3% |
Others | 0.8 | 1.0 | 1.0 | 1.0 | 7.7% |
Total | 54.2 | 51.6 | 49.6 | 51.8 | -1.5% |
Top Export Markets for Cereal Flour from Kuwait in 2022:
- Saudi Arabia (64.1K tons)
- Iraq (5.9K tons)
- Qatar (5.4K tons)
- United Arab Emirates (5.2K tons)
Cereal Flour Imports in Kuwait
In 2022, cereal flour imports into Kuwait rose modestly to 6.5K tons, with an increase of 1.8% against 2021. The total import volume increased at an average annual rate of +13.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, cereal flour imports rose sharply to $5.4M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 26%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Cereal Flour in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,304 | 1,725 | 1,217 | 1,749 | 10.3% |
United States | 289 | 551 | 543 | 690 | 33.7% |
United Arab Emirates | 179 | 353 | 393 | 479 | 38.8% |
France | 152 | 200 | 341 | 418 | 40.1% |
Italy | 136 | 358 | 267 | 333 | 34.8% |
Australia | 520 | 157 | 198 | 306 | -16.2% |
Oman | 97.7 | 180 | 225 | 276 | 41.4% |
Sri Lanka | 26.6 | 39.2 | 148 | 182 | 89.8% |
Germany | 129 | 54.8 | 132 | 161 | 7.7% |
Cyprus | 192 | 101 | 16.3 | 134 | -11.3% |
United Kingdom | 58.5 | 151 | 92.1 | 121 | 27.4% |
Qatar | 45.1 | 62.0 | 62.6 | 83.4 | 22.7% |
Egypt | 26.6 | 38.2 | 41.9 | 57.8 | 29.5% |
Others | 274 | 347 | 1,391 | 451 | 18.1% |
Total | 3,430 | 4,317 | 5,070 | 5,442 | 16.6% |
Top Suppliers of Cereal Flour to Kuwait in 2022:
- India (2177.2 tons)
- United Arab Emirates (658.2 tons)
- France (621.2 tons)
- United States (558.0 tons)
- Italy (435.6 tons)
- Oman (399.4 tons)
- Australia (291.4 tons)
- Cyprus (233.1 tons)
- Germany (230.9 tons)
- Egypt (162.5 tons)
- Qatar (129.2 tons)
- United Kingdom (110.0 tons)
- Sri Lanka (98.8 tons)
This report provides an in-depth analysis of the cereal flour 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:
- Prodcom 10612100 - Wheat or meslin flour
- Prodcom 10612200 - Cereal flours (excluding wheat or meslin)
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
This report provides an in-depth analysis of the cereal flour market in Kuwait.
This report provides an in-depth analysis of the non-wheat flour market in Kuwait.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
This report provides an in-depth analysis of the cereal flour market in Kuwait.
This report provides an in-depth analysis of the non-wheat flour market in Kuwait.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.