Kuwait - Electricity Supply Or Production Meters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectricity Supply Meter Price in Kuwait - 2022
Contents:
- Electricity Supply Meter Price in Kuwait (CIF) - 2022
- Electricity Supply Meter Price in Kuwait (FOB) - 2022
- Electricity Supply Meter Imports in Kuwait
- Electricity Supply Meter Exports in Kuwait
Electricity Supply Meter Price in Kuwait (CIF) - 2022
In 2022, the average electricity supply meter import price amounted to $32 per unit, declining by -12% against the previous year. In general, the import price recorded a deep slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 24%. The import price peaked at $84 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($51 per unit), while the price for Saudi Arabia ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced a decline.
Electricity Supply Meter Price in Kuwait (FOB) - 2022
The average electricity supply meter export price stood at $69 per unit in 2022, waning by -29.9% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 172% against the previous year. As a result, the export price attained the peak level of $215 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +37.5% per year.
Electricity Supply Meter Imports in Kuwait
In 2022, approx. 17K units of electricity supply or production meters were imported into Kuwait; reducing by -1.9% on the year before. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at 19K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electricity supply meter imports fell to $545K in 2022. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 38%. Over the period under review, imports hit record highs at $637K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Electricity Supply Meter in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 238 | 105 | 202 | 176 | -9.6% |
United Kingdom | 98.5 | 14.3 | 51.2 | 126 | 8.6% |
Saudi Arabia | 18.6 | 120 | 181 | 105 | 78.1% |
United Arab Emirates | 40.3 | 9.9 | 13.5 | 44.9 | 3.7% |
India | 39.0 | 23.6 | 5.3 | 12.3 | -31.9% |
Germany | 48.3 | 52.6 | 10.2 | 4.1 | -56.1% |
Italy | 49.8 | 5.6 | 44.2 | 0.9 | -73.8% |
Others | 104 | 128 | 124 | 76.2 | -9.8% |
Total | 637 | 459 | 631 | 545 | -5.1% |
Top Suppliers of Electricity Supply Meter to Kuwait in 2022:
- Italy (undefinedK units)
- China (6.0K units)
- Saudi Arabia (5.6K units)
- United Kingdom (3.1K units)
- United Arab Emirates (0.9K units)
- India (0.4K units)
- Germany (0.1K units)
Electricity Supply Meter Exports in Kuwait
After three years of growth, overseas shipments of electricity supply or production meters decreased by -10.1% to 402 units in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 241%. The exports peaked at 447 units in 2021, and then dropped in the following year.
In value terms, electricity supply meter exports reduced markedly to $28K in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 284%. As a result, the exports reached the peak of $44K, and then contracted rapidly in the following year.
Export of Electricity Supply Meter in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | 0.7 | N/A | 27.2 | 523.4% |
Netherlands | N/A | 0.2 | 4.6 | 0.3 | 22.5% |
Iraq | 0.2 | N/A | N/A | N/A | 0% |
South Korea | N/A | 9.3 | N/A | N/A | 0% |
Syrian Arab Republic | N/A | 1.1 | N/A | N/A | 0% |
Slovenia | N/A | N/A | 32.1 | N/A | 0% |
Qatar | N/A | N/A | 5.6 | N/A | 0% |
Others | 6.2 | 0.1 | 1.5 | 0.1 | -74.7% |
Total | 6.4 | 11.4 | 43.8 | 27.6 | 62.8% |
Top Export Markets for Electricity Supply Meter from Kuwait in 2022:
- United Arab Emirates (396.0 units)
- Netherlands (4.0 units)
This report provides an in-depth analysis of the electricity supply meter 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 26516370 - Electricity supply or production meters (including calibrated) (excluding voltmeters, ammeters, wattmeters and the like)
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
This report provides an in-depth analysis of the electricity supply meter market in Kuwait.
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This report provides an in-depth analysis of the global electricity supply meter market.
This report provides an in-depth analysis of the global gas supply meter market.
This report provides an in-depth analysis of the global liquid supply meter market.
This report provides an in-depth analysis of the electricity supply meter market in Kuwait.
This report provides an in-depth analysis of the gas supply meter market in Kuwait.
This report provides an in-depth analysis of the liquid supply meter market in Kuwait.
This report provides an in-depth analysis of the global electricity supply meter market.
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