Kuwait

Supply chain issues due to the COVID-19 pandemic and pressures created by low global oil prices had a negative impact on hot drinks in 2020 and 2021. The exodus of foreign workers due to Kuwaitisation and the pandemic also narrowed the consumer base…

Volume sales of cigarettes, cigars, cigarillos and smoking tobacco declined throughout 2020 and 2021 due to economic pressures, rising prices and rising interest in healthier lifestyles within the context of the COVID-19 pandemic. In addition, the…

Staple foods in 2021: The big picture

The Kuwaiti economy continues to be impacted by the COVID-19 pandemic in 2021. There remains a major income gap between affluent locals and low-income expatriates, however. With alcohol banned, non alcoholic beer remains the only category, with sales…

Home care in 2021: The big picture

The COVID-19 pandemic had a huge influence on the shopping habits of Kuwaitis in 2020 and 2021 as a big shift towards e-commerce was seen. Historically, e-commerce has struggled to gain a mainstream presence in Kuwait and this is a reflection of the…

Kuwait’s hot climate, fast pace of life and unpotable drinking water present strong opportunities for soft drink sales. However, rising concern over the country’s obesity and diabetes epidemic and the imminent imposition of a 50% excise tax on sugary…

Despite Kuwait’s ongoing austerity measures which have increased the cost of living and reduced consumers’ spending power, tissue and hygiene recorded an improving performance in 2021 in line with a general increase in the population, while general…

Beauty and personal care appeals to most consumers in Kuwait with affluent demographics spending on premium products and low-income expatriates concentrating on lower priced offerings. However, in 2021, many categories are still being impacted by the…

Demand for snacks remains high among the relatively wealthy population, though growing concern over the country’s high obesity rates are leading more consumers to adopt healthier lifestyles. These trends are increasingly being reflected in consumer…

Confectionery

Consumer health in 2021: The big picture

Opposing factions challenging the Kuwaiti royal family are increasing political instability. Nevertheless, peace and terrorism rankings have been improving. Reliance on oil is high, but solid economic performance is forecast in the long term, helped…

Kuwait’s economy proved resilient in the face of the global oil price slump and the COVID-19 pandemic in 2020 and 2021. Demand for cooking ingredients and meals remains high among the country’s affluent population, although growing concern over high…

Dairy products and alternatives in 2021: The big picture

The economy will contract in 2020. Non-oil growth has been hampered by the Coronavirus (COVID-19) pandemic containment measures, whilst the resultant collapse in the oil price and extension to the OPEC production cuts weigh on the oil sector. As…

The Kuwait government acted considerably quickly with their response to COVID-19 and in March imposed a lockdown and suspended all air travel, including the transportation of food and medical supplies, alongside the closure of the borders. As more…

The number of households is set to increase moderately in Kuwait over 2021-2040, with couples with children remaining the dominant household type. While household earnings will not recover from the COVID-19 impact by 2040, the fastest household…

Economies that offer an efficient, fast and inexpensive path to starting a business enjoy great dynamism and high FDI intake. A country with a competitive business environment is offering sound transport and ICT infrastructure; an effective juridical…

The report provides information on the economic landscape, major monetary indicators, foreign trade, investments and government finance in Kuwait. In 2021, the country’s economy expanded in real terms, driven by increasing domestic consumption,…