Kuwait - Domestic Electric Toasters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Toaster Price in Kuwait - 2021
Contents:
- Domestic Toaster Price in Kuwait (CIF) - 2021
- Domestic Toaster Price in Kuwait (FOB) - 2022
- Domestic Toaster Imports in Kuwait
- Domestic Toaster Exports in Kuwait
Domestic Toaster Price in Kuwait (CIF) - 2021
In December 2021, the average domestic toaster import price amounted to $18.9 per unit, waning by -39.5% against the previous month. Overall, the import price continues to indicate a slight reduction. The growth pace was the most rapid in November 2021 an increase of 169% against the previous month. As a result, import price reached the peak level of $31.2 per unit, and then fell notably in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2021 to December 2021, the rate of growth in terms of prices for China amounted to -1.7% per month.
Domestic Toaster Price in Kuwait (FOB) - 2022
The average domestic toaster export price stood at $17 per unit in 2022, falling by -3.5% against the previous year. Over the period under review, the export price recorded a perceptible descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by 39%. The export price peaked at $22 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($29 per unit), while the average price for exports to Serbia ($5.2 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 Nepal (+202.1%), while the prices for the other major destinations experienced more modest paces of growth.
Domestic Toaster Imports in Kuwait
In 2022, after three years of growth, there was decline in purchases abroad of domestic electric toasters, when their volume decreased by -3.9% to 111K units. The total import volume increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 30% against the previous year. Over the period under review, imports attained the maximum at 116K units in 2021, and then declined slightly in the following year.
In value terms, domestic toaster imports contracted to $2.1M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.5% 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 +46.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. Over the period under review, imports hit record highs at $2.3M in 2021, and then contracted in the following year.
Import of Domestic Toaster in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 899 | 1,355 | 1,563 | 1,200 | 10.1% |
United Arab Emirates | 471 | 568 | 682 | 871 | 22.7% |
Others | 59.0 | 1.5 | 10.3 | 18.8 | -31.7% |
Total | 1,429 | 1,925 | 2,255 | 2,090 | 13.5% |
Top Suppliers of Domestic Toaster to Kuwait in 2022:
- China (66.6K units)
- United Arab Emirates (44.6K units)
Domestic Toaster Exports in Kuwait
After three years of growth, overseas shipments of domestic electric toasters decreased by -27% to 100 units in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,525% against the previous year. The exports peaked at 137 units in 2021, and then dropped dramatically in the following year.
In value terms, domestic toaster exports dropped markedly to $1.7K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,006% against the previous year. The exports peaked at $2.3K in 2021, and then fell dramatically in the following year.
Export of Domestic Toaster in Kuwait (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nepal | N/A | 16.0 | N/A | 584 | 504.2% |
Ireland | N/A | N/A | N/A | 430 | 0% |
Serbia | N/A | N/A | N/A | 210 | 0% |
Lebanon | N/A | 910 | 2,287 | N/A | 151.3% |
Others | 87.0 | 36.0 | 61.0 | 430 | 70.3% |
Total | 87.0 | 962 | 2,348 | 1,654 | 166.9% |
Top Export Markets for Domestic Toaster from Kuwait in 2022:
- Serbia (40.0 units)
- Nepal (20.0 units)
- Ireland (20.0 units)
This report provides an in-depth analysis of the domestic toaster 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 27512450 - Domestic electric toasters (including toaster ovens for toasting bread, potatoes or other small items)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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