Plugs and Socket Price in Kuwait - 2022
Contents:
- Plugs and Socket Price in Kuwait (CIF) - 2022
- Plugs and Socket Price in Kuwait (FOB) - 2022
- Plugs and Socket Imports in Kuwait
- Plugs and Socket Exports in Kuwait
Plugs and Socket Price in Kuwait (CIF) - 2022
In 2022, the average plugs and socket import price amounted to $0.2 per unit, surging by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 29% against the previous year. The import price peaked at $0.2 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($0.6 per unit), while the price for Malaysia ($0.1 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 (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Plugs and Socket Price in Kuwait (FOB) - 2022
In 2022, the average plugs and socket export price amounted to $0.6 per unit, growing by 130% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 326%. Over the period under review, the average export prices reached the maximum at $0.9 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($6 per unit), while the average price for exports to Hungary (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 Oman (+55.0%), while the prices for the other major destinations experienced more modest paces of growth.
Plugs and Socket Imports in Kuwait
Plugs and socket imports into Kuwait shrank dramatically to 70M units in 2022, waning by -29.3% on the year before. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Imports peaked at 102M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, plugs and socket imports shrank to $14M in 2022. Overall, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. Imports peaked at $16M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Plugs and Socket in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 3.4 | 5.5 | 5.1 | 9.4% |
| United Arab Emirates | 3.7 | 2.2 | 3.7 | 3.7 | 0.0% |
| United Kingdom | 1.7 | 2.1 | 2.0 | 1.3 | -8.6% |
| Malaysia | 0.2 | 0.1 | 0.2 | 1.1 | 76.5% |
| United States | 1.8 | 0.8 | 0.6 | 0.5 | -34.8% |
| Italy | 0.5 | 0.3 | 0.6 | 0.3 | -15.7% |
| Turkey | 0.3 | 0.2 | 0.4 | 0.2 | -12.6% |
| Hong Kong SAR | 0.7 | 0.1 | 1.2 | N/A | 30.9% |
| Others | 3.1 | 1.2 | 0.9 | 1.2 | -27.1% |
| Total | 15.8 | 10.3 | 15.2 | 13.5 | -5.1% |
Top Suppliers of Plugs and Socket to Kuwait in 2022:
- China (37.8M units)
- United Arab Emirates (12.1M units)
- Malaysia (10.1M units)
- United Kingdom (4.5M units)
- Turkey (1.2M units)
- Italy (1.2M units)
- United States (0.6M units)
- Hong Kong SAR (0.1M units)
Plugs and Socket Exports in Kuwait
For the fourth consecutive year, Kuwait recorded growth in overseas shipments of electrical plugs and sockets for under 1000 v, which increased by 198% to 496K units in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 220% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, plugs and socket exports skyrocketed to $311K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Plugs and Socket in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | 6.1 | 2.1 | 171 | 429.5% |
| Switzerland | N/A | N/A | N/A | 50.3 | 0% |
| South Korea | N/A | N/A | N/A | 31.1 | 0% |
| Pakistan | N/A | 0.1 | N/A | 16.4 | 1180.6% |
| China | N/A | N/A | N/A | 14.5 | 0% |
| Hungary | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Niger | N/A | 17.4 | 26.6 | N/A | 52.9% |
| India | N/A | 52.2 | 1.1 | N/A | -97.9% |
| Italy | 6.6 | 2.4 | N/A | N/A | -63.6% |
| Others | 12.7 | 4.9 | 15.6 | 27.0 | 28.6% |
| Total | 19.4 | 83.0 | 45.4 | 311 | 152.1% |
Top Export Markets for Plugs and Socket from Kuwait in 2022:
- Oman (190.3K units)
- China (176.7K units)
- South Korea (71.0K units)
- Hungary (16.8K units)
- Pakistan (13.9K units)
- Switzerland (8.4K units)
407
This report provides an in-depth analysis of the lamp holder market in Kuwait.
369
This report provides an in-depth analysis of the relay market in Kuwait.
414
This report provides an in-depth analysis of the electrical circuit apparatus market in Kuwait.
383
This report provides an in-depth analysis of the circuit breaker market in Kuwait.
405
This report provides an in-depth analysis of the electrical fuse market in Kuwait.
988
This report provides an in-depth analysis of the global lamp holder market.
1298
This report provides an in-depth analysis of the global relay market.
1015
This report provides an in-depth analysis of the global electrical circuit apparatus market.
1545
This report provides an in-depth analysis of the global circuit breaker market.
1026
This report provides an in-depth analysis of the global electrical fuse market.
107
Explore the top import markets for lamp holders in 2023, including Germany, United States, Taiwan, and others. Discover key statistics and trends in the global market.
738
In value terms, portable and electric lamps imports amounted to $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value decreased at an average annual rat...
791
In value terms, portable and electric lamps exports stood at $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value decreased at an average annual rate of -X>
716
In 2016, the global imports of lamp holder amounted to X tons, going up by X% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most...
842
In 2016, the global imports of lamp holder amounted to X tons, going up by X% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most...
57
Explore the top import markets for relay products across the globe, including the United States, Germany, China, and more. Learn about the key statistics and trends shaping the global relay industry.
915
In value terms, electrical apparatus imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
1238
In value terms, electrical machines and apparatus imports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rat...
1002
In value terms, electrical apparatus exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
1426
In value terms, electrical machines and apparatus exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value decreased at an average annual rate...
