Groundnut oil and fractions market in Kuwait, 2026

Earlier Report Observations

Kuwait's groundnut oil market volume more than doubled from 509.8 t in 2018 to over 1 000 t by 2021, driven by growing consumer appreciation for its nutritional value, particularly its heart-healthy unsaturated fats and vitamin E content.

After a contraction in 2022, market volume recovered to 819.1 t in 2023, supported by sustained health awareness and industry efforts to address safety concerns through refined production processes and high-quality seeds.

In 2024, the market environment was influenced by broader economic factors including geopolitical tensions and policies aimed at diversifying Kuwait's economy away from oil, which affected trade flows and overall sector dynamics.

Production groundnut oil and fractions in Kuwait

In kind, 2017-2020, t

Top producers of groundnut oil and fractions, 2017-2020

World map of production of groundnut oil and fractions, 2017-2020

Groundnut oil and fractions production in Kuwait has increased for the second year in a row. In 2020, Kuwait produced 589.1 tons of groundnut oil and fractions, which represents a 10.5% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 11.2%, with an average annual growth rate of 3.6%. The lowest production level was recorded in 2018 at 384.0 tons. That year also saw the largest decline of 27.5%. The most significant increase occurred in 2019, with production rising by 38.8%.

Annual dynamics of production in Kuwait in kind, 2017-2020, t

Exports groundnut oil and fractions from Kuwait

Exports in kind, t

Foreign supplies of groundnut oil and fractions from Kuwait have declined for the second consecutive year. In 2019, exports amounted to 0.3 tons, marking a decrease of 95.2% compared to the previous year. Between 2017 and 2019, exports fell by 100%, which translates to an annualized decline rate of 93.3%.

Annual dynamics of product's exports from Kuwait in kind, 2017-2020, t

From 2017 to 2020, the geographical distribution of exports in kind showed a strong reliance on Qatar, which accounted for 99.2% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Kuwait in kind, 2017-2020

Exports in value, K $ US

Groundnut oil and fractions exports from Kuwait have declined for the second year in a row. In 2019, exports reached 1 thousand US dollars, reflecting a sharp drop of 83.8% compared to 2018. Between 2017 and 2019, exports decreased by 100%, equivalent to an annualized decline rate of 93.3%.

Annual dynamics of product's exports from Kuwait in value, 2017-2020, K $ US

From 2017 to 2020, Qatar served as the primary market for groundnut oil and fractions from Kuwait, consistently absorbing 99.7% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Kuwait in value, 2017-2020

Imports groundnut oil and fractions to Kuwait

Imports in kind, t

The market showed significant volatility during these years. Imports reached their lowest point in 2019 and peaked in 2020, with a 2.9-fold difference between these two years. In 2020, groundnut oil and fractions imports into Kuwait totaled 351 tons, indicating a substantial increase of 194.8% year-over-year. The minimum import volume was recorded in 2019 at 119 tons. The largest decline occurred in 2018, with imports falling by 21.6%.

Annual dynamics of product's imports to Kuwait in kind, 2017-2020, t

From 2017 to 2020, India (40.0% of imports in kind), the United States (11.9% of imports in kind), and Malaysia (11.6% of imports in kind) were the main sources for imports in kind, together accounting for 63.5% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Kuwait in kind, 2017-2020

Imports in value, K $ US

The market displayed an unstable trend throughout this period. Import values dropped to their minimum in 2019 and climbed to their maximum in 2020, showing a 2-fold increase between these years. In 2020, groundnut oil and fractions deliveries to Kuwait amounted to 548 thousand US dollars, reflecting a sharp rise of 104.5% year-over-year. The lowest value was recorded in 2019 at 268 thousand US dollars. The most significant decline occurred in 2018, with import values falling by 36.7%.

Annual dynamics of product's imports to Kuwait in value, 2017-2020, K $ US

From 2017 to 2020, India (45.4% of imports in value terms), the United States (16.5% of imports in value terms), and Belgium (15.3% of imports in value terms) were the largest contributors to imports in value terms, jointly accounting for 77.2% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Kuwait in value, 2017-2020