Lamp Holder Price in Kuwait - 2022

Contents:

  1. Lamp Holder Price in Kuwait (CIF) - 2022
  2. Lamp Holder Price in Kuwait (FOB) - 2022
  3. Lamp Holder Imports in Kuwait
  4. Lamp Holder Exports in Kuwait

Lamp Holder Price in Kuwait (CIF) - 2022

The average lamp holder import price stood at $0.6 per unit in 2022, increasing by 9.3% against the previous year. Over the period under review, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 26% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2.8 per unit), while the price for China ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Lamp Holder Price in Kuwait (FOB) - 2022

In 2022, the average lamp holder export price amounted to $0.1 per unit, increasing by 12% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 33%. The export price peaked at $0.4 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($0.3 per unit), while the average price for exports to Qatar (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (-2.2%), while the prices for the other major destinations experienced a decline.

Lamp Holder Imports in Kuwait

In 2022, the amount of lamp holders for under 1000 v imported into Kuwait shrank remarkably to 1.2M units, waning by -25.4% on the previous year's figure. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, imports attained the maximum at 2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, lamp holder imports fell rapidly to $709K in 2022. Over the period under review, total imports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. As a result, imports attained the peak of $871K, and then reduced notably in the following year.

Import of Lamp Holder in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16197.034121910.8%
United Arab Emirates11434.90.991.6-7.0%
Spain10189.612577.8-8.3%
India15.236.639.135.833.0%
Slovakia13.114.525.230.432.4%
Saudi Arabia34.618.67.328.0-6.8%
Turkey3.811.729.122.982.0%
United Kingdom95.940.012.717.6-43.2%
Vietnam37.860.80.59.6-36.7%
Taiwan (Chinese)4.353.21509.530.2%
Others10510413916716.7%
Total6865608717091.1%

Top Suppliers of Lamp Holder to Kuwait in 2022:

  1. China (756.5K units)
  2. United Arab Emirates (131.7K units)
  3. Saudi Arabia (74.8K units)
  4. Turkey (49.7K units)
  5. Slovakia (44.0K units)
  6. Spain (41.9K units)
  7. India (25.2K units)
  8. Vietnam (19.8K units)
  9. United Kingdom (8.9K units)
  10. Taiwan (Chinese) (1.2K units)

Lamp Holder Exports in Kuwait

In 2022, shipments abroad of lamp holders for under 1000 v decreased by -49.4% to 74K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 405%. The exports peaked at 146K units in 2021, and then shrank notably in the following year.

In value terms, lamp holder exports declined markedly to $9K in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 222% against the previous year. The exports peaked at $16K in 2021, and then shrank notably in the following year.

Export of Lamp Holder in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.07.411.06.648.9%
Iraq0.41.43.92.071.0%
Bahrain0.20.40.50.20.0%
QatarN/A0.10.1N/A0.0%
Saudi ArabiaN/AN/A0.2N/A0%
Others0.30.10.20.1-30.7%
Total2.99.315.89.045.9%

Top Export Markets for Lamp Holder from Kuwait in 2022:

  1. Iraq (40.9K units)
  2. India (26.3K units)
  3. Bahrain (4.7K units)
  4. Qatar (1.8K units)

Source: IndexBox Market Intelligence Platform

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