Price for Engravings, Prints and Lithographs; Original in Kuwait - 2021

Contents:

1. Price for Engravings, Prints and Lithographs; Original in Kuwait (CIF) - 2022
2. Price for Engravings, Prints and Lithographs; Original in Kuwait (FOB) - 2022
3. Imports of Engravings, Prints and Lithographs; Original in Kuwait
4. Exports of Engravings, Prints and Lithographs; Original in Kuwait

Price for Engravings, Prints and Lithographs; Original in Kuwait (CIF) - 2022

The average import price for engravings, prints and lithographs; originals stood at $18 per unit in 2022, surging by 18% against the previous year. Overall, the import price, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 111% against the previous year. Over the period under review, average import prices attained the peak figure at $30 per unit in 2012; however, from 2013 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 UK ($96 per unit), while the price for Lebanon ($3.4 per unit) was amongst the lowest.

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

Price for Engravings, Prints and Lithographs; Original in Kuwait (FOB) - 2022

In 2022, the average export price for engravings, prints and lithographs; originals amounted to $20 per unit, picking up by 342% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The growth pace was the most rapid in 2018 an increase of 1,007%. As a result, the export price attained the peak level of $84 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($440 per unit), while the average price for exports to Belgium ($1.2 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 France (+0.4%).

Imports of Engravings, Prints and Lithographs; Original in Kuwait

In 2022, approx. 25K units of engravings, prints and lithographs; originals were imported into Kuwait; with an increase of 160% compared with the previous year. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 244% against the previous year. As a result, imports attained the peak of 64K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, engravings, prints and lithographs; original imports skyrocketed to $461K in 2022. Overall, imports saw a strong increase. Imports peaked at $771K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Engravings, Prints and Lithographs; Original to Kuwait in 2022:

1. United Arab Emirates (8.8K units)
2. United States (7.7K units)
3. China (2.0K units)
4. Lebanon (1.8K units)
5. Canada (1.6K units)
6. Netherlands (1.4K units)
7. United Kingdom (1.1K units)

Exports of Engravings, Prints and Lithographs; Original in Kuwait

In 2022, engravings, prints and lithographs; original exports from Kuwait skyrocketed to 387 units, with an increase of 160% compared with 2021 figures. Overall, exports saw notable growth. The exports peaked at 906 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, engravings, prints and lithographs; original exports surged to $7.8K in 2022. In general, exports, however, continue to indicate a deep downturn. The exports peaked at $15K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Engravings, Prints and Lithographs; Original from Kuwait in 2022:

1. Belgium (350.0 units)
2. United Kingdom (16.0 units)
3. Netherlands (16.0 units)
4. France (5.0 units)

Source: IndexBox Market Intelligence Platform