Price for Cereal Flours; Other than of Wheat or Meslin in Kuwait - 2022

Contents:

  1. Price for Cereal Flours; Other than of Wheat or Meslin in Kuwait (CIF) - 2022
  2. Price for Cereal Flours; Other than of Wheat or Meslin in Kuwait (FOB) - 2022
  3. Imports of Cereal Flours; Other than of Wheat or Meslin in Kuwait
  4. Exports of Cereal Flours; Other than of Wheat or Meslin in Kuwait

Price for Cereal Flours; Other than of Wheat or Meslin in Kuwait (CIF) - 2022

In 2022, the average import price for cereal flours; other than of wheat or meslin amounted to $967 per ton, with a decrease of -11.7% against the previous year. In general, the import price saw a mild downturn. The most prominent rate of growth was recorded in 2016 an increase of 12%. The import price peaked at $1,274 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($1,007 per ton) and Vietnam ($1,006 per ton), while the price for France ($815 per ton) and the United Arab Emirates ($905 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.6%), while the prices for the other major suppliers experienced a decline.

Price for Cereal Flours; Other than of Wheat or Meslin in Kuwait (FOB) - 2022

In 2022, the average export price for cereal flours; other than of wheat or meslin amounted to $676 per ton, reducing by -34.5% against the previous year. Over the period under review, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2014 an increase of 109%. As a result, the export price attained the peak level of $3,320 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jordan ($908 per ton) and the United Arab Emirates ($908 per ton), while the average price for exports to Iraq ($622 per ton) and Bahrain ($837 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+16.0%), while the prices for the other major destinations experienced a decline.

Imports of Cereal Flours; Other than of Wheat or Meslin in Kuwait

For the fourth consecutive year, Kuwait recorded growth in overseas purchases of cereal flours; other than of wheat or meslin, which increased by 211% to 5.1K tons in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal flours; other than of wheat or meslin skyrocketed to $4.9M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereal Flours; Other than of Wheat or Meslin in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7618248392,57650.1%
France1.41.7161547631.1%
United States18628130448737.8%
United Arab Emirates21428529142725.9%
Thailand53.959.669.532081.1%
Italy4.227.614.9107194.2%
Vietnam5.32.87.8107172.3%
Others14388.598.634333.9%
Total1,3691,5701,7864,91453.1%

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Kuwait in 2022:

  1. India (2562.6 tons)
  2. France (671.1 tons)
  3. United States (486.5 tons)
  4. United Arab Emirates (471.7 tons)
  5. Thailand (318.1 tons)
  6. Italy (114.5 tons)
  7. Vietnam (106.0 tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in Kuwait

In 2022, shipments abroad of cereal flours; other than of wheat or meslin was finally on the rise to reach 2.7K tons after two years of decline. Over the period under review, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal flours; other than of wheat or meslin soared to $1.9M in 2022. In general, exports enjoyed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cereal Flours; Other than of Wheat or Meslin in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/AN/A11.41,36711891.2%
United KingdomN/AN/AN/A2410%
United Arab EmiratesN/AN/AN/A1020%
BahrainN/AN/AN/A77.80%
JordanN/AN/AN/A50.90%
Qatar1,25177260.21.4-89.6%
Others53.987.810.911.0-41.1%
Total1,30586082.51,85112.4%

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Kuwait in 2022:

  1. Iraq (2197.7 tons)
  2. United Kingdom (265.0 tons)
  3. United Arab Emirates (112.7 tons)
  4. Bahrain (93.0 tons)
  5. Jordan (56.0 tons)
  6. Qatar (1.6 tons)

Source: IndexBox Market Intelligence Platform

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