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Kuwait - Uncooked Pasta - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUncooked Pasta Price in Kuwait - 2021
Contents:
- Uncooked Pasta Price in Kuwait (CIF) - 2021
- Uncooked Pasta Price in Kuwait (FOB) - 2022
- Uncooked Pasta Imports in Kuwait
- Uncooked Pasta Exports in Kuwait
Uncooked Pasta Price in Kuwait (CIF) - 2021
In December 2021, the average uncooked pasta import price amounted to $2,565 per ton, increasing by 2.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2021 an increase of 16% m-o-m. The import price peaked at $2,929 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 Malaysia ($2,810 per ton), while the price for Egypt ($220 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 Saudi Arabia (+1.2%), while the prices for the other major suppliers experienced a decline.
Uncooked Pasta Price in Kuwait (FOB) - 2022
The average uncooked pasta export price stood at $911 per ton in 2022, growing by 5.4% against the previous year. Over the period under review, the export price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2019 an increase of 23%. Over the period under review, the average export prices hit record highs at $1,214 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($1,783 per ton), while the average price for exports to Saudi Arabia ($827 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Uncooked Pasta Imports in Kuwait
After three years of growth, overseas purchases of uncooked pasta decreased by -2.5% to 35K tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 53%.
In value terms, uncooked pasta imports reduced to $32M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year.
Import of Uncooked Pasta in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 13.8 | 18.0 | 20.5 | 19.3 | 11.8% |
Italy | 3.2 | 4.4 | 4.6 | 4.5 | 12.0% |
Malaysia | 1.1 | 1.4 | 1.5 | 1.6 | 13.3% |
Philippines | 0.6 | 0.7 | 0.7 | 0.8 | 10.1% |
United Arab Emirates | 0.2 | 1.1 | 0.6 | 0.7 | 51.8% |
Turkey | 0.2 | 0.5 | 0.4 | 0.4 | 26.0% |
Others | 1.9 | 3.5 | 6.8 | 5.2 | 39.9% |
Total | 20.9 | 29.5 | 35.2 | 32.4 | 15.7% |
Top Suppliers of Uncooked Pasta to Kuwait in 2022:
- Saudi Arabia (23.7K tons)
- Italy (5.1K tons)
- United Arab Emirates (1.4K tons)
- Malaysia (1.3K tons)
- Turkey (0.7K tons)
- Philippines (0.7K tons)
Uncooked Pasta Exports in Kuwait
In 2022, exports of uncooked pasta from Kuwait fell modestly to 15K tons, reducing by -2.1% compared with the year before. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 4.4% against the previous year.
In value terms, uncooked pasta exports amounted to $14M in 2022. In general, exports saw a abrupt descent.
Export of Uncooked Pasta in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 15.8 | 9.3 | 10.2 | 10.1 | -13.9% |
Qatar | 2.3 | 1.9 | 1.6 | 1.6 | -11.4% |
Iraq | 0.4 | 1.2 | 0.1 | 0.7 | 20.5% |
United Arab Emirates | 1.4 | 1.0 | 0.7 | 0.7 | -20.6% |
Bahrain | 0.9 | 0.6 | 0.5 | 0.5 | -17.8% |
Others | N/A | N/A | -0.1 | N/A | 0% |
Total | 20.8 | 14.0 | 13.1 | 13.5 | -13.4% |
Top Export Markets for Uncooked Pasta from Kuwait in 2022:
- Saudi Arabia (12.2K tons)
- Qatar (1.1K tons)
- United Arab Emirates (0.6K tons)
- Bahrain (0.4K tons)
- Iraq (0.4K tons)
This report provides an in-depth analysis of the uncooked pasta 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 10731130 - Uncooked pasta, containing eggs (excluding stuffed or otherwise prepared)
- Prodcom 10731150 - Uncooked pasta (excluding containing eggs, stuffed or otherwise prepared)
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
-
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
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