What is the price of wheat per kilogram/pound in Kuwait today?
The retail price range for Kuwait wheat is between US$ 0.44 and US$ 0.49 per kilogram or between US$ 0.20 and US$ 0.22 per pound(lb). Click here to see today's exact prices of wheat in Kuwait
The retail price range in Kuwaiti Dinar for wheat is between KWD 0.14 and KWD 0.15 per kilogram or between KWD 0.06 and KWD 0.07 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait wheat is between US$ 0.31 and US$ 0.34 per kilogram or between US$ 0.14 and US$ 0.16 per pound(lb).
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Kuwait Wheat Export Prices - Historical, Trends and Prediction
The export price of Wheat from Kuwait over the last five years has seen a steady increase. In 2017, the price per kilogram was 2.50 US dollars, which rose to 3.25 US dollars in 2018. The highest price was recorded in 2019, at 3.68 US dollars per kilogram. In 2020, the price dropped slightly to 3.28 US dollars, before decreasing further to 2.37 US dollars in 2021. Based on this trend, it is predicted that the export price of Wheat from Kuwait in 2023 will be around 3.00 US dollars per kilogram, and in 2024 it will be around 2.60 US dollars per kilogram.The Kuwait wheat exports are classified as:
- Durum wheat seed for sowing (HS code 100111)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Wheat (excl durum) & meslin (HS code 1001Xb)
- Wheat gluten, whether or not dried (HS code 110900)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Durum wheat (HS code 100110)
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
Kuwait Wheat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wheat into Kuwait over the last five years has seen a steady increase. In 2016, the price was 2.52 US dollars per kg, followed by 2.50 US dollars per kg in 2017. In 2018, the price rose to 3.25 US dollars per kg and further increased to 3.68 US dollars per kg in 2019. The price then dropped slightly to 3.28 US dollars per kg in 2020, before decreasing further to 2.37 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Wheat into Kuwait in 2023 will be around 3.00 US dollars per kg and in 2024 will be around 2.60 US dollars per kg.Export values for Kuwait wheat
The total values in export for wheat in Kuwait were US$ 752, US$ 830, US$ 1,062 and US$ 622 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: Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of wheat in other countries across Middle East: Bahrain wheat, Cyprus wheat, Iraq wheat, Israel wheat, Jordan wheat, Kuwait wheat, Lebanon wheat, Palestine wheat, Oman wheat & Qatar wheat.
Kuwait wheat - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 169 tonnes of wheat. In 2019 alone, the market for Kuwait wheat (cereals/grains category) has reduced, changing by -48.318 percent compared to the year 2018. Between 2017 and 2019, wheat's exports went down by -49.1 percent bringing the nation US$0.62m for the year 2019. Kuwait's wheat exports are classified as:
- Wheat gluten, whether or not dried (HS code 110900)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Wheat (excl durum) & meslin (HS code 1001Xb)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Durum wheat seed for sowing (HS code 100111)
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
- Durum wheat (HS code 100110)
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Kuwait wheat export values
In 2019, Kuwait sold wheat valued at 0.62m USD, a decrease of -41.62% from 2018's total wheat export of 1.062m USD. The yearly reduction in value of Kuwait wheat between 2017 to 2018 was 27.952 percent.
The annual/yearly change in the volume of Kuwait's wheat exports between 2017 and 2019 was -49.1 percent in comparison to a variation of -48.318% in the period between 2018 and 2019.
Export markets for Kuwait wheat ( in '000$ )
Kuwait's top export markets for wheat are Mauritania, Yemen, Jordan, Spain and Germany.
Kuwait imported 533,808 tonnes of wheat in 2019.
Production
The production of wheat in Kuwait was 128 tonnes in 2019 and is forecast to change by an average of 77.78%. The country had an estimated 40.00 hectares under wheat cultivation.