What is the price of sugar per kilogram/pound in Kuwait today?
The retail price range for Kuwait sugar is between US$ 0.39 and US$ 0.48 per kilogram or between US$ 0.18 and US$ 0.22 per pound(lb). Click here to see today's exact prices of sugar in Kuwait
The retail price range in Kuwaiti Dinar for sugar is between KWD 0.12 and KWD 0.15 per kilogram or between KWD 0.05 and KWD 0.07 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait sugar is between US$ 0.27 and US$ 0.34 per kilogram or between US$ 0.12 and US$ 0.15 per pound(lb).
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Kuwait Sugar Export Prices - Historical, Trends and Prediction
The export price of sugar from Kuwait over the last five years has seen a steady decline. In 2017, the price per kilogram was 1.50 US dollars, dropping to 1.60 US dollars in 2018 and 1.09 US dollars in 2019. The price then decreased further to 0.88 US dollars in 2020 and 1.53 US dollars in 2021. Based on this trend, it is predicted that the export price of sugar from Kuwait in 2023 will be around 1.30 US dollars per kilogram and in 2024 will be around 1.15 US dollars per kilogram.The sugar exports from Kuwait are classified as:
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
Kuwait Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Kuwait over the last five years has been quite volatile. In 2012, the price was 0.76 US dollars per kg, which dropped to 0.65 US dollars per kg in 2013. However, in 2014, the price rose to 1.2 US dollars per kg, before peaking at 2.75 US dollars per kg in 2015. Since then, the price has been on a downward trend, with it dropping to 2.54 US dollars per kg in 2016, 1.5 US dollars per kg in 2017, 1.6 US dollars per kg in 2018, 1.09 US dollars per kg in 2019, and 0.88 US dollars per kg in 2020. This year, 2021, the price has risen to 1.53 US dollars per kg. Based on this trend, it is likely that the price of sugar imported into Kuwait will be around 1.45 US dollars per kg in 2023 and 1.37 US dollars per kg in 2024.Export values for Kuwait sugar
The total values in export for sugar in Kuwait were US$ 965, US$ 734, US$ 248 and US$ 83 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 sugar in other countries across Middle East: Bahrain sugar, Cyprus sugar, Iraq sugar, Israel sugar, Jordan sugar, Kuwait sugar, Lebanon sugar, Palestine sugar, Oman sugar & Qatar sugar.
Kuwait sugar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 76 tonnes of sugar. In 2019 alone, the interest in Kuwait sugar (processed category) has decreased, changing by -50.968 % compared to the year 2018. Between 2017 and 2019, sugar's exports went down by -84.49 pc earning Kuwait US$0.08m for the year 2019. Kuwait's sugar exports are classified as:
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
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Kuwait sugar export values
In 2019, Kuwait supplied sugar worth 0.08m USD, a decrease of -67.74% from 2018's total sugar export of 0.248m USD. The annual reduction in value of Kuwait sugar between 2017 to 2018 was -66.213%.
The annual change in the volume of Kuwait's sugar exports between 2017 and 2019 was -84.49 pc compared to a variation of -50.968% in the period between 2018 and 2019.
Export markets for Kuwait sugar ( in '000$ )
Kuwait's top destinations for sugar are Saudi Arabia, Indonesia, Qatar, China and Oman.
Kuwait ordered 87,915 tonnes of sugar in 2019.