Lamp Holder Price in Kuwait - 2022
Contents:
- Lamp Holder Price in Kuwait (CIF) - 2022
- Lamp Holder Price in Kuwait (FOB) - 2022
- Lamp Holder Imports in Kuwait
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 161 | 97.0 | 341 | 219 | 10.8% |
United Arab Emirates | 114 | 34.9 | 0.9 | 91.6 | -7.0% |
Spain | 101 | 89.6 | 125 | 77.8 | -8.3% |
India | 15.2 | 36.6 | 39.1 | 35.8 | 33.0% |
Slovakia | 13.1 | 14.5 | 25.2 | 30.4 | 32.4% |
Saudi Arabia | 34.6 | 18.6 | 7.3 | 28.0 | -6.8% |
Turkey | 3.8 | 11.7 | 29.1 | 22.9 | 82.0% |
United Kingdom | 95.9 | 40.0 | 12.7 | 17.6 | -43.2% |
Vietnam | 37.8 | 60.8 | 0.5 | 9.6 | -36.7% |
Taiwan (Chinese) | 4.3 | 53.2 | 150 | 9.5 | 30.2% |
Others | 105 | 104 | 139 | 167 | 16.7% |
Total | 686 | 560 | 871 | 709 | 1.1% |
Top Suppliers of Lamp Holder to Kuwait in 2022:
- China (756.5K units)
- United Arab Emirates (131.7K units)
- Saudi Arabia (74.8K units)
- Turkey (49.7K units)
- Slovakia (44.0K units)
- Spain (41.9K units)
- India (25.2K units)
- Vietnam (19.8K units)
- United Kingdom (8.9K units)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 2.0 | 7.4 | 11.0 | 6.6 | 48.9% |
Iraq | 0.4 | 1.4 | 3.9 | 2.0 | 71.0% |
Bahrain | 0.2 | 0.4 | 0.5 | 0.2 | 0.0% |
Qatar | N/A | 0.1 | 0.1 | N/A | 0.0% |
Saudi Arabia | N/A | N/A | 0.2 | N/A | 0% |
Others | 0.3 | 0.1 | 0.2 | 0.1 | -30.7% |
Total | 2.9 | 9.3 | 15.8 | 9.0 | 45.9% |
Top Export Markets for Lamp Holder from Kuwait in 2022:
- Iraq (40.9K units)
- India (26.3K units)
- Bahrain (4.7K units)
- Qatar (1.8K units)
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