What is the price of coffee extracts per kilogram/pound in Kuwait today?
The retail price range for Kuwait coffee extracts is between US$ 18.22 and US$ 23.99 per kilogram or between US$ 8.26 and US$ 10.88 per pound(lb). Click here to see today's exact prices of coffee extracts in Kuwait
The retail price range in Kuwaiti Dinar for coffee extracts is between KWD 5.62 and KWD 7.39 per kilogram or between KWD 2.55 and KWD 3.35 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait coffee extracts is between US$ 12.75 and US$ 16.79 per kilogram or between US$ 5.78 and US$ 7.61 per pound(lb).
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Kuwait Coffee Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coffee Extracts from Kuwait over the last five years has seen a steady decline. In 2017, the price was 3.84 US $ per kg, which dropped to 3.38 US $ per kg in 2018. In 2019, the price decreased further to 2.89 US $ per kg and in 2020, it dropped to 1.32 US $ per kg. The price then increased slightly in 2021 to 2.76 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Coffee Extracts from Kuwait in 2023 will be around 2.30 US $ per kg and in 2024, it will be around 1.84 US $ per kg.The Kuwait coffee extracts exports are categorised as:
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
- Extracts, essences and concentrates, of coffee (HS code 210111)
Kuwait Coffee Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coffee Extracts into Kuwait over the last five years has seen a steady decline. In 2016, the price was 4.61 US dollars per kg, and by 2021, it had dropped to 2.76 US dollars per kg. This represents a 40% decrease in the price of Coffee Extracts over the last five years. The lowest price was recorded in 2020, when the import price was 1.32 US dollars per kg. This was a decrease of almost 60% from the 2016 price. Looking ahead, we can predict that the import price of Coffee Extracts into Kuwait will remain relatively low, with an estimated price of 2.50 US dollars per kg in 2023 and 2.25 US dollars per kg in 2024.Export values for Kuwait coffee extracts
The total values in export for coffee extracts in Kuwait were US$ 941, US$ 1,318, US$ 1,347 and US$ 1,681 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kuwait: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of coffee extracts in other countries across Middle East: Bahrain coffee extracts, Cyprus coffee extracts, Iraq coffee extracts, Israel coffee extracts, Jordan coffee extracts, Kuwait coffee extracts, Lebanon coffee extracts, Palestine coffee extracts, Oman coffee extracts & Qatar coffee extracts.
Kuwait coffee extracts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 582 tonnes of coffee extracts. In 2019 alone, the market for Kuwait coffee extracts (processed category) has escalated, flactuating by 45.865 percent compared to the year 2018. Between 2017 and 2019, coffee extracts' exports went up by 69.68 pc earning the country US$1.68m for the year 2019. Kuwait's coffee extracts exports are classified as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
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Kuwait coffee extracts export values
In 2019, Kuwait supplied coffee extracts worth 1.68m USD, an improvement of 24.72% from 2018's total coffee extracts export of 1.347m USD. The yearly growth in value of Kuwait coffee extracts between 2017 to 2018 was 2.2 per cent.
The annual variation in the volume of Kuwait's coffee extracts exports between 2017 and 2019 was 69.68% compared to a variation of 45.865% in the period between 2018 and 2019.
Export markets for Kuwait coffee extracts ( in '000$ )
Kuwait's leading export markets for coffee extracts are Saudi Arabia, Iraq, Bahrain, Iran and Egypt.
Kuwait brought in 4,183 tonnes of coffee extracts in 2019.