Commercial Printing Price in Kuwait - 2021
Contents:
- Commercial Printing Price in Kuwait (CIF) - 2021
- Commercial Printing Price in Kuwait (FOB) - 2022
- Commercial Printing Imports in Kuwait
- Commercial Printing Exports in Kuwait
Commercial Printing Price in Kuwait (CIF) - 2021
The average commercial printing import price stood at $8,622 per ton in December 2021, jumping by 55% against the previous month. Overall, the import price, however, recorded a slight setback. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 238% month-to-month. As a result, import price attained the peak level of $42,700 per ton. From June 2021 to December 2021, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($45,864 per ton), while the price for Malaysia ($1,815 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Turkey (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Commercial Printing Price in Kuwait (FOB) - 2022
In 2022, the average commercial printing export price amounted to $5,298 per ton, increasing by 4.9% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, commercial printing export price increased by +78.2% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of 27%. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($15,220 per ton), while the average price for exports to Tunisia ($654 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 Egypt (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Commercial Printing Imports in Kuwait
In 2022, imports of commercial printing (except screen and books) into Kuwait shrank slightly to 5.8K tons, which is down by -1.7% on the year before. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.3% against the previous year.
In value terms, commercial printing imports declined to $55M in 2022. Overall, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year.
| Import of Commercial Printing in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 8.6 | 4.0 | 5.1 | 9.9 | 4.8% |
| China | 6.5 | 4.0 | 4.5 | 7.3 | 3.9% |
| United Arab Emirates | 6.5 | 5.9 | 7.5 | 6.4 | -0.5% |
| United States | 16.3 | 5.8 | 5.6 | 5.2 | -31.7% |
| Lebanon | 3.4 | 1.4 | 3.1 | 2.9 | -5.2% |
| India | 6.9 | 2.6 | 1.9 | 2.4 | -29.7% |
| Germany | 2.3 | 8.6 | 8.2 | 2.3 | 0.0% |
| Turkey | 0.8 | 1.0 | 0.6 | 1.1 | 11.2% |
| Malaysia | 1.9 | 1.4 | 0.7 | 0.9 | -22.0% |
| Bahrain | 0.3 | 0.5 | 0.6 | 0.8 | 38.7% |
| Poland | 0.9 | 0.5 | 0.5 | 0.6 | -12.6% |
| Egypt | 0.7 | 0.2 | 0.3 | 0.5 | -10.6% |
| Indonesia | 0.7 | 0.7 | 0.3 | 0.4 | -17.0% |
| Others | 20.7 | 14.8 | 18.9 | 14.0 | -12.2% |
| Total | 76.5 | 51.4 | 57.9 | 54.6 | -10.6% |
Top Suppliers of Commercial Printing to Kuwait in 2022:
- China (1193.0 tons)
- United Kingdom (736.5 tons)
- United Arab Emirates (640.6 tons)
- United States (450.4 tons)
- Turkey (291.9 tons)
- India (273.7 tons)
- Malaysia (264.9 tons)
- Lebanon (253.2 tons)
- Germany (232.6 tons)
- Bahrain (109.1 tons)
- Indonesia (104.1 tons)
- Poland (89.8 tons)
- Egypt (41.5 tons)
Commercial Printing Exports in Kuwait
In 2022, after two years of decline, there was significant growth in overseas shipments of commercial printing (except screen and books), when their volume increased by 11% to 708 tons. Over the period under review, exports, however, saw a abrupt shrinkage.
In value terms, commercial printing exports skyrocketed to $3.7M in 2022. In general, exports, however, recorded a abrupt curtailment.
| Export of Commercial Printing in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 104 | 453 | 106 | 906 | 105.8% |
| Qatar | 197 | 221 | 179 | 666 | 50.1% |
| Egypt | 87.1 | 25.7 | 61.0 | 429 | 70.1% |
| Bahrain | 597 | 161 | 263 | 371 | -14.7% |
| United Arab Emirates | 1,110 | 335 | 476 | 288 | -36.2% |
| Turkey | 97.3 | 1.3 | 9.6 | 243 | 35.7% |
| Morocco | 65.9 | 113 | 95.7 | 194 | 43.3% |
| Oman | 266 | 143 | 92.1 | 51.9 | -42.0% |
| Saudi Arabia | 1,359 | 2,278 | 1,352 | 30.7 | -71.7% |
| Tunisia | 34.1 | 15.1 | 8.4 | 9.1 | -35.6% |
| Others | 664 | 628 | 565 | 560 | -5.5% |
| Total | 4,581 | 4,372 | 3,207 | 3,749 | -6.5% |
Top Export Markets for Commercial Printing from Kuwait in 2022:
- Qatar (173.9 tons)
- Bahrain (119.5 tons)
- United Kingdom (100.6 tons)
- Turkey (90.1 tons)
- Morocco (55.7 tons)
- Egypt (28.2 tons)
- United Arab Emirates (28.0 tons)
- Tunisia (14.0 tons)
- Saudi Arabia (9.7 tons)
- Oman (4.9 tons)
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