Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Kuwait - 2022

Contents:

1. Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Kuwait (CIF) - 2022
2. Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Kuwait (FOB) - 2022
3. Imports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Kuwait
4. Exports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Kuwait

Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Kuwait (CIF) - 2022

In 2022, the average import price for stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like amounted to $105,434 per ton, dropping by -3.8% against the previous year. In general, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 189%. Over the period under review, average import prices reached the peak figure at $365,579 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($692,042 per ton), while the price for Jordan ($5,882 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+31.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Kuwait (FOB) - 2022

In 2022, the average export price for stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like amounted to $70,820 per ton, shrinking by -42.1% against the previous year. Overall, the export price, however, showed strong growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 130% against the previous year. Over the period under review, the average export prices reached the peak figure at $173,927 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($124,829 per ton), while the average price for exports to Qatar ($51,833 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+48.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Kuwait

In 2022, imports of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like into Kuwait surged to 80 tons, rising by 51% against 2021. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 103% against the previous year. Over the period under review, imports of and like reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like soared to $8.4M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 82% against the previous year.

Top Suppliers of Unused Postage, Revenue or Similar Stamps of Current or New Issue in the Country To Which Destined; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates and the Like to Kuwait in 2022:

1. Lebanon (50.8 tons)
2. Jordan (4.1 tons)
3. United Kingdom (4.0 tons)
4. United Arab Emirates (1.4 tons)
5. Ukraine (1.2 tons)
6. Malaysia (1.2 tons)
7. Saudi Arabia (0.9 tons)
8. United States (0.5 tons)
9. Latvia (0.3 tons)

Exports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Kuwait

In 2022, approx. 973 kg of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like were exported from Kuwait; rising by 84% on the previous year. In general, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,267%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like amounted to $69K in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,946% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Unused Postage, Revenue or Similar Stamps of Current or New Issue in the Country To Which Destined; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates and the Like from Kuwait in 2022:

1. Oman (88.0 kg)
2. United States (35.0 kg)
3. Bahrain (9.0 kg)
4. Jordan (8.0 kg)
5. Qatar (6.0 kg)
6. United Arab Emirates (5.0 kg)

Source: IndexBox Market Intelligence Platform