Kuwait - Fireworks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFireworks Price in Kuwait - 2022
Contents:
- Fireworks Price in Kuwait (CIF) - 2022
- Fireworks Price in Kuwait (FOB) - 2022
- Fireworks Imports in Kuwait
- Fireworks Exports in Kuwait
Fireworks Price in Kuwait (CIF) - 2022
In 2022, the average fireworks import price amounted to $4,658 per ton, leveling off at the previous year. Over the period under review, the import price posted a buoyant increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 293% against the previous year. Over the period under review, average import prices attained the peak figure at $12,330 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lebanon ($4,659 per ton) and the United Arab Emirates ($4,658 per ton), while the price for China ($4,658 per ton) and Jordan ($4,658 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Fireworks Price in Kuwait (FOB) - 2022
In 2022, the average fireworks export price amounted to $6,522 per ton, almost unchanged from the previous year. In general, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. The export price peaked in 2022 and is likely to continue growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2014 to 2022, the rate of growth in terms of prices for Qatar amounted to -6.9% per year.
Fireworks Imports in Kuwait
In 2022, overseas purchases of fireworks decreased by 0% to 41 tons, falling for the second year in a row after two years of growth. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 25,028% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, fireworks imports totaled $189K in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 88,577%. As a result, imports reached the peak of $257K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Fireworks in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.1 | 38.9 | N/A | 107 | 922.8% |
Taiwan (Chinese) | N/A | N/A | N/A | 51.7 | 0% |
Lebanon | N/A | N/A | N/A | 11.9 | 0% |
China | N/A | 3.6 | N/A | 11.7 | 80.3% |
Jordan | N/A | N/A | N/A | 7.2 | 0% |
Others | 0.2 | 215 | N/A | N/A | 107400.0% |
Total | 0.3 | 257 | N/A | 189 | 757.3% |
Top Suppliers of Fireworks to Kuwait in 2022:
- United Arab Emirates (22.9 tons)
- Taiwan (Chinese) (11.1 tons)
- Lebanon (2.6 tons)
- China (2.5 tons)
- Jordan (1.5 tons)
Fireworks Exports in Kuwait
In 2022, approx. 138 kg of fireworks were exported from Kuwait; leveling off at 2021 figures. Over the period under review, exports showed a significant decline. The smallest decline of 99.9% was in 2021.
In value terms, fireworks exports stood at $900 in 2022. Overall, exports recorded a dramatic contraction. The smallest decline of 99.9% was in 2021.
Export of Fireworks in Kuwait (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Qatar | 905 | N/A | 900 | -0.3% | |
United Arab Emirates | 894 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 1,799 | N/A | 900 | -29.3% |
Top Export Markets for Fireworks from Kuwait in 2022:
- Qatar (138.0 kg)
This report provides an in-depth analysis of the fireworks 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 20511300 - Fireworks
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 fireworks market in Kuwait.
This report provides an in-depth analysis of the pyrotechnic articles market in Kuwait.
This report provides an in-depth analysis of the global fireworks market.
This report provides an in-depth analysis of the global pyrotechnic articles market.
This report provides an in-depth analysis of the fireworks market in Kuwait.
This report provides an in-depth analysis of the pyrotechnic articles market in Kuwait.
This report provides an in-depth analysis of the global fireworks market.
This report provides an in-depth analysis of the global pyrotechnic articles market.
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