Kuwait: Candied Fruit Market 2024

Candied Fruit Market Size in Kuwait

The Kuwaiti candied fruit market was estimated at $X in 2023, leveling off at the previous year. Overall, consumption, however, enjoyed buoyant growth. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market failed to regain momentum.

Candied Fruit Production in Kuwait

In value terms, candied fruit production declined remarkably to $X in 2023 estimated in export price. Over the period under review, production, however, recorded buoyant growth. The growth pace was the most rapid in 2017 when the production volume increased by X%. Candied fruit production peaked at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

The average yield of candied fruits in Kuwait amounted to less than X kg per ha in 2023, remaining stable against the year before. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. less than X ha of candied fruits were harvested in Kuwait; leveling off at the previous year. Overall, the harvested area recorded a relatively flat trend pattern.

Candied Fruit Exports

Exports from Kuwait

In 2023, shipments abroad of candied fruits was finally on the rise to reach X tons after five years of decline. Overall, exports recorded strong growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, candied fruit exports amounted to $X in 2023. Over the period under review, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for candied fruit exports from Kuwait, accounting for a X% share of total exports. Moreover, candied fruit exports to the United Arab Emirates exceeded the volume sent to the second major destination, India (X tons), tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Iran (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for candied fruits exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Iran (X% per year).

Export Prices by Country

In 2023, the average candied fruit export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Iran ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Imports

Imports into Kuwait

In 2023, the amount of candied fruits imported into Kuwait skyrocketed to X tons, increasing by X% compared with the previous year. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, candied fruit imports skyrocketed to $X in 2023. Over the period under review, imports continue to indicate a measured increase. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2016; however, from 2017 to 2023, imports remained at a lower figure.

Imports by Country

Thailand (X tons), India (X tons) and Sri Lanka (X tons) were the main suppliers of candied fruit imports to Kuwait, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Sri Lanka (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Switzerland ($X) and Latvia ($X) appeared to be the largest candied fruit suppliers to Kuwait, together comprising X% of total imports. Spain, India, Sri Lanka, the United States, Lebanon, the UK, Italy, Chile, France and the Philippines lagged somewhat behind, together accounting for a further X%.

Sri Lanka, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average candied fruit import price stood at $X per ton in 2023, dropping by X% against the previous year. In general, the import price showed a perceptible setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform