Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait - 2022
Contents:
- Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait (CIF) - 2022
- Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait (FOB) - 2022
- Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait
- Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait
Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait (CIF) - 2022
The average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $23 per unit in 2022, rising by 36% against the previous year. Overall, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 68%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($117 per unit), while the price for China ($5.2 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait (FOB) - 2022
In 2021, the average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $23 per unit, growing by 5.3% against the previous year. Over the period under review, the export price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2017 when the average export price increased by 77%. As a result, the export price attained the peak level of $34 per unit. From 2018 to 2021, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($201 per unit), while the average price for exports to Sweden ($0.2 per unit) was amongst the lowest.
From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+41.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait
In 2022, the amount of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s imported into Kuwait fell sharply to 26K units, which is down by -17.9% against the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. As a result, imports reached the peak of 32K units, and then declined remarkably in the following year.
In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s totaled $589K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 53.8 | 69.3 | 134 | 181 | 49.8% |
France | 3.9 | 13.2 | 14.7 | 92.2 | 187.0% |
China | 115 | 97.0 | 161 | 85.0 | -9.6% |
Germany | 14.1 | 21.4 | 15.3 | 60.9 | 62.9% |
Norway | 0.4 | 1.3 | 3.6 | 28.3 | 313.6% |
India | 9.7 | 12.2 | 7.7 | 17.7 | 22.2% |
South Korea | 0.1 | 12.1 | 0.6 | 17.6 | 460.4% |
United Kingdom | 3.0 | 10.5 | 22.3 | 12.2 | 59.6% |
Poland | 2.4 | 14.4 | 14.0 | 10.6 | 64.1% |
Italy | 58.7 | 3.9 | 6.1 | 8.9 | -46.7% |
Slovakia | 10.8 | 11.8 | 11.6 | 7.8 | -10.3% |
Hungary | 37.1 | 6.2 | 1.5 | 3.8 | -53.2% |
Saudi Arabia | 24.0 | 23.4 | 21.5 | N/A | -5.4% |
Others | 171 | 83.2 | 115 | 63.7 | -28.0% |
Total | 504 | 380 | 528 | 589 | 5.3% |
Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to Kuwait in 2022:
- China (16.3K units)
- United States (2.0K units)
- Germany (1.5K units)
- Slovakia (0.9K units)
- France (0.8K units)
- United Kingdom (0.7K units)
- Italy (0.6K units)
- Poland (0.6K units)
- India (0.5K units)
- South Korea (0.5K units)
- Norway (0.5K units)
- Hungary (0.1K units)
Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait
In 2022, after three years of growth, there was significant decline in shipments abroad of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s, when their volume decreased by 99.9% to less than 0.1 units. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 121%. The exports peaked at 446 units in 2021, and then fell markedly in the following year.
In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s contracted remarkably to $2.5K in 2022. Over the period under review, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 100%. The exports peaked at $10K in 2021, and then contracted sharply in the following year.
Export of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Saudi Arabia | 1.6 | 3.7 | 7.6 | 117.9% | |
Qatar | 1.7 | 2.5 | 2.2 | 13.8% | |
United Arab Emirates | N/A | 0.1 | 0.3 | 200.0% | |
China | N/A | 0.6 | N/A | 0% | |
Sweden | N/A | N/A | N/A | 0% | |
Others | 0.3 | 0.1 | 0.1 | -42.3% | |
Total | 3.5 | 7.1 | 10.2 | 70.7% |
Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from Kuwait in 2022:
- Saudi Arabia (244.0 units)
- Sweden (117.0 units)
- United Arab Emirates (70.0 units)
- Qatar (11.0 units)
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