Kuwait: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Kuwait

In 2022, after two years of decline, there was significant growth in the Kuwaiti homogenised jam and marmalade market, when its value increased by X% to $X. Over the period under review, consumption, however, showed a deep downturn. Homogenised jam and marmalade consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Kuwait

In value terms, homogenised jam and marmalade production declined to $X in 2022 estimated in export price. In general, production showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Kuwait

Homogenised jam and marmalade exports from Kuwait dropped sharply to X tons in 2022, declining by X% compared with 2021. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, homogenised jam and marmalade exports reduced dramatically to $X in 2022. In general, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons), Oman (X kg) and Qatar (X kg) were the main destinations of homogenised jam and marmalade exports from Kuwait, together accounting for X% of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Oman ($X) remains the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Qatar (X% per year).

Export Prices by Country

In 2022, the average homogenised jam and marmalade export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, showed a deep slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Saudi Arabia ($X 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 Qatar (X%), while the prices for the other major destinations experienced a decline.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Kuwait

In 2022, approx. X tons of homogenised preparations of jams, fruit jellies and marmalades were imported into Kuwait; growing by X% against 2021. Overall, imports recorded a moderate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, homogenised jam and marmalade imports surged to $X in 2022. Over the period under review, total imports indicated temperate growth from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of homogenised jam and marmalade to Kuwait, with a X% share of total imports. Moreover, homogenised jam and marmalade imports from Spain exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. Singapore (X tons) ranked third in terms of total imports with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Singapore (X% per year).

In value terms, Spain ($X), Turkey ($X) and Singapore ($X) appeared to be the largest homogenised jam and marmalade suppliers to Kuwait, with a combined X% share of total imports.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 homogenised jam and marmalade import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 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 Turkey ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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