Households in Kuwait spend $236 million on coffee in 2022
By Majd Othman KUWAIT: Recent figures published by Statista, a market data provider, reveal households in Kuwait spent approximately $236 million on purchasing coffee from supermarkets in 2022, making Kuwait the 8th highest spender among Arab countries and the 4th among the GCC nations. According to the data, Saudi Arabia topped the list, with its …
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By Majd Othman
KUWAIT: Recent figures published by Statista, a market data provider, reveal households in Kuwait spent approximately $236 million on purchasing coffee from supermarkets in 2022, making Kuwait the 8th highest spender among Arab countries and the 4th among the GCC nations. According to the data, Saudi Arabia topped the list, with its population spending a whopping $995.5 million on supermarket coffee purchases.
Algeria secured the 2nd position with $800 million spent in 2022, followed by Qatar in 3rd place with $443.2 million. The United Arab Emirates ranked 7th, just ahead of Kuwait, with expenditures totaling $282.7 million. In 2020, coffee enthusiasts worldwide consumed a total of 169.6 million 60-kg bags of coffee, as reported by the International Coffee Organization.
Despite rising global temperatures posing challenges to coffee production, the proliferation of cafes worldwide has led to a steady rise in coffee consumption. Visual Capitalist, an American website specializing in data and statistics, emphasizes the importance of developing newer hybrid coffee bean blends. Coffee holds the position of the third most consumed beverage globally, following water and tea.
The demand for coffee beans continues to surge globally, as per various global reports. The Visual Capitalist report highlights that the 10 largest coffee-producing countries accounted for 87 percent of market share in 2020. More than 70 countries worldwide engage in coffee production.
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