Kuwait - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Kuwait - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights

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Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait - 2022

Contents:

  1. Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait (CIF) - 2022
  2. Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait (FOB) - 2022
  3. Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait
  4. Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait

Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait (CIF) - 2022

The average import price for malt extract and food preparations of flour, meal, and starches stood at $2,858 per ton in 2022, which is down by -8.4% against the previous year. Over the period under review, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 21% against the previous year. Over the period under review, average import prices attained the maximum at $4,236 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 the Netherlands ($2,833 per ton) and India ($2,833 per ton), while the price for Malaysia ($2,833 per ton) and Italy ($2,833 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 Arab Emirates (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait (FOB) - 2022

The average export price for malt extract and food preparations of flour, meal, and starches stood at $944 per ton in 2022, declining by -11.6% against the previous year. In general, the export price, however, showed a slight expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 156%. The export price peaked at $1,768 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($2,750 per ton), while the average price for exports to Saudi Arabia ($765 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait

In 2022, approx. 2.5K tons of malt extract and food preparations of flour, meal, and starches were imported into Kuwait; with an increase of 502% against 2021 figures. Overall, imports, however, recorded a abrupt slump.

In value terms, imports of malt extract and food preparations of flour, meal, and starches skyrocketed to $7.2M in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn.

Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8221,1133259545.1%
India6481,06115889511.4%
United States65929711.188410.3%
United Arab Emirates12750141971177.6%
Denmark604525N/A565-2.2%
Malta1791,86211.351442.1%
United Kingdom26091410.738313.8%
Netherlands1,1541,380111361-32.1%
South Korea171201N/A26315.4%
Malaysia1,2121,30343.7261-40.1%
France369512N/A211-17.0%
Saudi Arabia14610915.31837.8%
Singapore64021233.7N/A-77.1%
Others1,7971,3531671,020-17.2%
Total8,79011,3431,3067,206-6.4%

Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to Kuwait in 2022:

  1. Italy (336.6 tons)
  2. India (316.0 tons)
  3. United States (312.0 tons)
  4. United Arab Emirates (250.8 tons)
  5. Denmark (199.4 tons)
  6. Malta (181.5 tons)
  7. United Kingdom (135.3 tons)
  8. Netherlands (127.3 tons)
  9. South Korea (93.0 tons)
  10. Malaysia (92.0 tons)
  11. France (74.6 tons)
  12. Saudi Arabia (64.7 tons)

Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait

In 2022, exports of malt extract and food preparations of flour, meal, and starches from Kuwait surged to 670 tons, rising by 173% against 2021 figures. Over the period under review, exports, however, showed a deep reduction.

In value terms, exports of malt extract and food preparations of flour, meal, and starches soared to $632K in 2022. Overall, exports, however, showed a sharp shrinkage.

Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia1,3141,023152466-29.2%
Iraq47.3N/AN/A63.210.1%
United Arab EmiratesN/AN/AN/A47.10%
Qatar15.00.911042.040.9%
Others18.90.90.813.6-10.4%
Total1,3961,025262632-23.2%

Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from Kuwait in 2022:

  1. Saudi Arabia (609.4 tons)
  2. Iraq (23.0 tons)
  3. United Arab Emirates (17.1 tons)
  4. Qatar (15.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch 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:

  • FCL 50 - Malt Extract
  • FCL 115 - Food Preparations of Flour, Meal or Malt Extract

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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