Kuwait - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Kuwait - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends And Insights

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Ink Price in Kuwait - 2022

Contents:

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

Ink Price in Kuwait (CIF) - 2022

In 2022, the average ink import price amounted to $30,466 per ton, waning by -33.4% against the previous year. In general, the import price, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2021 an increase of 119%. As a result, import price reached the peak level of $45,751 per ton, and then dropped rapidly in the following year.

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 Ireland ($55,492 per ton), while the price for Jordan ($2,286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Ink Price in Kuwait (FOB) - 2022

The average ink export price stood at $35,236 per ton in 2022, surging by 19% against the previous year. Overall, the export price saw resilient growth. The growth pace was the most rapid in 2021 an increase of 68% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($65,980 per ton), while the average price for exports to Iran ($13,348 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 the United Arab Emirates (+13.9%), while the prices for the other major destinations experienced a decline.

Ink Imports in Kuwait

In 2022, after two years of decline, there was significant growth in overseas purchases of inks (excluding printing ink), when their volume increased by 41% to 44 tons. In general, imports, however, recorded a precipitous decrease.

In value terms, ink imports dropped to $1.3M in 2022. Over the period under review, imports, however, faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 14%.

Import of Ink in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17.311.45.11,029290.4%
Ireland38417153.961.6-45.7%
China23112554.747.8-40.9%
United Kingdom11257.933.839.7-29.2%
Saudi Arabia11997.64.919.7-45.1%
Lebanon11450.415.713.6-50.8%
Jordan70.456.616.012.7-43.5%
South Africa87.438.313.412.5-47.7%
United Arab Emirates47.538.511.310.5-39.5%
Taiwan (Chinese)75.934.710.89.4-50.2%
India72.632.70.46.0-56.4%
Japan48919241.25.4-77.7%
United States15447.529.01.5-78.6%
Others2632881,13062.1-38.2%
Total2,2361,2421,4211,331-15.9%

Top Suppliers of Ink to Kuwait in 2022:

  1. United States (undefined tons)
  2. Germany (19.2 tons)
  3. Saudi Arabia (6.3 tons)
  4. Jordan (5.6 tons)
  5. China (2.9 tons)
  6. United Kingdom (2.7 tons)
  7. Ireland (1.1 tons)
  8. Lebanon (0.9 tons)
  9. United Arab Emirates (0.8 tons)
  10. India (0.7 tons)
  11. Taiwan (Chinese) (0.6 tons)
  12. South Africa (0.2 tons)
  13. Japan (0.2 tons)

Ink Exports in Kuwait

In 2022, approx. 3 tons of inks (excluding printing ink) were exported from Kuwait; dropping by -51.6% on 2021. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 288%. As a result, the exports reached the peak of 6.2 tons, and then shrank sharply in the following year.

In value terms, ink exports declined remarkably to $106K in 2022. Over the period under review, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 551% against the previous year. As a result, the exports reached the peak of $184K, and then contracted notably in the following year.

Export of Ink in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates14.613.814079.475.9%
Iran45.18.429.920.0-23.7%
Qatar8.93.57.33.4-27.4%
Bahrain5.42.35.42.8-19.7%
Others3.50.20.80.4-51.5%
Total77.428.218410611.1%

Top Export Markets for Ink from Kuwait in 2022:

  1. Iran (1500.0 kg)
  2. United Arab Emirates (1203.0 kg)
  3. Bahrain (170.0 kg)
  4. Qatar (134.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ink market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20593000 - Inks (excluding printing ink)

Country coverage:

  • Kuwait

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Kuwait
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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