What is the price of rice per kilogram/pound in Kuwait today?
The retail price range for Kuwait rice is between US$ 4.83 and US$ 9.65 per kilogram or between US$ 2.19 and US$ 4.38 per pound(lb). Click here to see today's exact prices of rice in Kuwait
The retail price range in Kuwaiti Dinar for rice is between KWD 1.49 and KWD 2.97 per kilogram or between KWD 0.67 and KWD 1.35 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait rice is between US$ 3.38 and US$ 6.76 per kilogram or between US$ 1.53 and US$ 3.06 per pound(lb).
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Kuwait Rice Export Prices - Historical, Trends and Prediction
The export price of Rice from Kuwait over the last five years has seen a steady decline. In 2017, the price per kilogram was 1.61 US dollars, dropping to 0.7 US dollars in 2018. The price then rose to 1.1 US dollars in 2019, before dropping again to 1.01 US dollars in 2020. The most recent data shows that the price per kilogram of Rice from Kuwait is 0.93 US dollars in 2021. Based on this trend, it is predicted that the export price of Rice from Kuwait will be 0.85 US dollars in 2023 and 0.78 US dollars in 2024.The Kuwait rice exports are categorised as:
- Rice in the husk, "paddy" or rough (HS code 100610)
- Husked or brown rice (HS code 100620)
- Broken rice (HS code 100640)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
Kuwait Rice Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rice into Kuwait over the last five years has been relatively stable. In 2017, the price was $1.61, followed by $0.70 in 2018. In 2019, the price increased to $1.10, and then decreased to $1.01 in 2020. The price remained steady in 2021 at $0.93. Overall, the import price of Rice into Kuwait has fluctuated between $0.70 and $1.80 over the last five years. Based on this trend, it is likely that the import price of Rice into Kuwait in 2023 will be around $1.00, and in 2024 will be around $0.95.Export values for Kuwait rice
The total values in export for rice in Kuwait were US$ 2,006, US$ 1,109, US$ 859 and US$ 388 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Kuwait: Wheat, Rye, Barley, Oats, Maize, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of rice in other countries across Middle East: Bahrain rice, Cyprus rice, Iraq rice, Israel rice, Jordan rice, Kuwait rice, Lebanon rice, Palestine rice, Oman rice & Qatar rice.
Kuwait rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 352 tonnes of rice. Through 2019 alone, the demand for Kuwait rice (cereals/grains category) has shrunk, recording a change of -71.218 pc compared to the year 2018. Between 2017 and 2019, rice's exports decreased by -48.76% earning the country US$0.39m for the year 2019. Kuwait's rice exports are categorised as:
- Broken rice (HS code 100640)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Husked or brown rice (HS code 100620)
- Rice in the husk, "paddy" or rough (HS code 100610)
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Kuwait rice export values
In 2019, Kuwait exported rice valued at 0.39m USD, a reduction of -54.60% from 2018's total rice export of 0.859m USD. The annual change in value of Kuwait rice between 2017 to 2018 was -22.543 percent.
The annual variation in the amount of Kuwait's rice exports between 2017 and 2019 was -48.76 percent when compared to a variation of -71.218% in the growth rate between 2018 and 2019.
Export markets for Kuwait rice ( in '000$ )
Kuwait's top destinations for rice are France, Iraq, Bahrain, Pakistan and Iran.
Kuwait purchased 282,392 tonnes of rice in 2019.