Kuwait - Sugary Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugary Soft Drink Price in Kuwait - 2021
Contents:
- Sugary Soft Drink Price in Kuwait (CIF) - 2022
- Sugary Soft Drink Price in Kuwait (FOB) - 2021
- Sugary Soft Drink Imports in Kuwait
- Sugary Soft Drink Exports in Kuwait
Sugary Soft Drink Price in Kuwait (CIF) - 2022
In 2022, the average sugary soft drink import price amounted to $1.2 per litre, approximately mirroring the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 31%. The import price peaked at $1.3 per litre in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($1.5 per litre), while the price for Bahrain ($0.4 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sugary Soft Drink Price in Kuwait (FOB) - 2021
In December 2021, the average sugary soft drink export price amounted to $904 per thousand litres, remaining stable against the previous month. Overall, the export price recorded a perceptible setback. The pace of growth was the most pronounced in October 2021 when the average export price increased by 58% against the previous month. The export price peaked at $1.1 per litre in January 2021; however, from February 2021 to December 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was Bahrain ($1.6 per litre), while the average price for exports to the UK ($555 per thousand litres) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Sugary Soft Drink Imports in Kuwait
Sugary soft drink imports into Kuwait rose sharply to 56M litres in 2022, with an increase of 5.6% against the year before. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 248% against the previous year. As a result, imports reached the peak of 61M litres. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sugary soft drink imports expanded sharply to $67M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 231%. As a result, imports reached the peak of $70M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Sugary Soft Drink in Kuwait (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 4.3 | 46.7 | 43.3 | 42.8 | 115.1% |
Saudi Arabia | 2.2 | 4.1 | 2.5 | 3.4 | 15.6% |
France | 0.4 | 1.3 | 0.1 | 2.2 | 76.5% |
Lebanon | 0.4 | 1.4 | 1.6 | 1.5 | 55.4% |
United States | 0.3 | 0.8 | 0.4 | 1.1 | 54.2% |
Bahrain | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
Austria | 8.6 | 1.4 | 0.4 | 0.4 | -64.0% |
Others | 4.8 | 14.5 | 15.1 | 15.2 | 46.8% |
Total | 21.2 | 70.3 | 63.7 | 67.0 | 46.8% |
Top Suppliers of Sugary Soft Drink to Kuwait in 2022:
- Ireland (39.4M litres)
- Saudi Arabia (3.8M litres)
- France (1.6M litres)
- United States (1.6M litres)
- Lebanon (1.5M litres)
- Bahrain (1.0M litres)
- Austria (0.2M litres)
Sugary Soft Drink Exports in Kuwait
In 2022, overseas shipments of sugary soft drinks increased by 37% to 54M litres for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a deep setback. Over the period under review, the exports attained the maximum at 86M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, sugary soft drink exports soared to $35M in 2022. Overall, exports, however, saw a abrupt downturn. Over the period under review, the exports attained the peak figure at $46M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Sugary Soft Drink in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 29.5 | 33.3 | 21.4 | 25.7 | -4.5% |
Qatar | 9.3 | 3.5 | 2.5 | 3.8 | -25.8% |
United Arab Emirates | 0.3 | 0.8 | 1.6 | 2.0 | 88.2% |
Oman | 1.9 | 0.2 | 0.9 | 1.0 | -19.3% |
Others | 4.7 | 3.3 | 2.3 | 2.5 | -19.0% |
Total | 45.7 | 41.1 | 28.8 | 34.9 | -8.6% |
Top Export Markets for Sugary Soft Drink from Kuwait in 2022:
- Saudi Arabia (43.7M litres)
- Qatar (4.2M litres)
- United Arab Emirates (2.4M litres)
- Oman (1.4M litres)
This report provides an in-depth analysis of the sugary soft drink 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 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
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 sugary soft drink market in Kuwait.
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