What is the price of groat per kilogram/pound in Kuwait today?
The retail price range for Kuwait groat is between US$ 0.49 and US$ 0.59 per kilogram or between US$ 0.22 and US$ 0.27 per pound(lb). Click here to see today's exact prices of groat in Kuwait
The retail price range in Kuwaiti Dinar for groat is between KWD 0.15 and KWD 0.18 per kilogram or between KWD 0.07 and KWD 0.08 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait groat is between US$ 0.34 and US$ 0.41 per kilogram or between US$ 0.16 and US$ 0.19 per pound(lb).
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Kuwait Groat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groat from Kuwait over the last five years has seen a steady decline. In 2017, the price was 0.64 US$ per kg, followed by 0.69 US$ per kg in 2018. In 2019, the price dropped to 0.6 US$ per kg and in 2020, it was 0.64 US$ per kg. The lowest price was recorded in 2021, at 0.59 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Groat from Kuwait in 2023 will be 0.54 US$ per kg and in 2024, it will be 0.49 US$ per kg.Kuwait Groat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groat into Kuwait over the last five years has been quite volatile. In 2012, the price was 1.32 US dollars per kg, but this dropped to 0.68 US dollars per kg in 2013. The price then rose to 1.2 US dollars per kg in 2014, before reaching a peak of 2.2 US dollars per kg in 2015. Since then, the price has been steadily decreasing, with the lowest price of 0.59 US dollars per kg recorded in 2021. Based on this trend, it is likely that the import price per kilogram of Groat into Kuwait will remain around 0.6 US dollars per kg in 2023 and 2024.Export values for Kuwait groat
The total values in export for groat in Kuwait were US$ 68, US$ 63, US$ 149 and US$ 276 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 groat in other countries across Middle East: Bahrain groat, Cyprus groat, Iraq groat, Israel groat, Jordan groat, Kuwait groat, Lebanon groat, Palestine groat, Oman groat & Qatar groat.
Kuwait groat - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 462 tonnes of groat. Through 2019 alone, the interest in Kuwait groat (processed category) has climbed, recording a change of 114.884 percent compared to the year 2018. Between 2017 and 2019, groat's exports increased by 371.43 percent earning the nation US$0.28m for the year 2019. Kuwait's groat exports are categorised as:
- Groats and meal of maize "corn" (HS code 110313)
- Groats and meal of oats (HS code 110312)
- Groats and meal of wheat (HS code 110311)
- Rice groats and meal (HS code 110314)
- Groats and meal of cereals (excluding wheat and maize) (HS code 110319)
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Kuwait groat export values
In 2019, Kuwait exported groat valued at 0.28m USD, a surge of 87.92% from 2018's total groat export of 0.149m USD. The yearly increase in value of Kuwait groat between 2017 to 2018 was 136.508 per cent.
The annual change in the volume of Kuwait's groat exports between 2017 and 2019 was 371.43 pc in comparison to a variation of 114.884% in the period between 2018 and 2019.
Export markets for Kuwait groat ( in '000$ )
Kuwait imported 4,154 tonnes of groat in 2019.