Kuwait - Keyboard Stringed Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKeyboard Stringed Instrument Price in Kuwait - 2021
Contents:
- Keyboard Stringed Instrument Price in Kuwait (CIF) - 2022
- Keyboard Stringed Instrument Price in Kuwait (FOB) - 2022
- Keyboard Stringed Instrument Imports in Kuwait
- Keyboard Stringed Instrument Exports in Kuwait
Keyboard Stringed Instrument Price in Kuwait (CIF) - 2022
The average keyboard stringed instrument import price stood at $2,262 per unit in 2022, stabilizing at the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 51%. Over the period under review, average import prices reached the maximum at $4,886 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($2,491 per unit) and Germany ($2,302 per unit), while the price for Indonesia ($2,244 per unit) and China ($2,251 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.3%), while the prices for the other major suppliers experienced a decline.
Keyboard Stringed Instrument Price in Kuwait (FOB) - 2022
In 2022, the average keyboard stringed instrument export price amounted to $610 per unit, growing by 151% against the previous year. Overall, the export price, however, saw a significant decrease. Over the period under review, the average export prices attained the peak figure at $5,695 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($1,746 per unit), while the average price for exports to Ghana ($19 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 Lebanon (+11.5%), while the prices for the other major destinations experienced a decline.
Keyboard Stringed Instrument Imports in Kuwait
In 2022, after three years of growth, there was significant decline in overseas purchases of keyboard stringed instruments, when their volume decreased by -10.5% to 197 units. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 31%. Over the period under review, imports attained the maximum at 220 units in 2021, and then reduced in the following year.
In value terms, keyboard stringed instrument imports declined to $446K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. Over the period under review, imports attained the peak figure at $500K in 2021, and then shrank in the following year.
Import of Keyboard Stringed Instrument in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 210 | 253 | 332 | 213 | 0.5% |
United Arab Emirates | 11.2 | 25.0 | 51.7 | 162 | 143.6% |
China | 25.5 | 43.3 | 73.7 | 47.3 | 22.9% |
Thailand | 3.9 | 2.8 | 2.9 | 1.9 | -21.3% |
Others | 14.4 | 67.5 | 39.4 | 21.3 | 13.9% |
Total | 265 | 391 | 500 | 446 | 18.9% |
Top Suppliers of Keyboard Stringed Instrument to Kuwait in 2022:
- Indonesia (95.0 units)
- United Arab Emirates (65.0 units)
- China (21.0 units)
- Thailand (2.0 units)
Keyboard Stringed Instrument Exports in Kuwait
In 2022, keyboard stringed instrument exports from Kuwait amounted to 7 units, remaining stable against 2021 figures. Overall, exports showed a abrupt curtailment. The smallest decline of -36.4% was in 2021. Over the period under review, the exports attained the maximum at 11 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, keyboard stringed instrument exports surged to $4.3K in 2022. In general, exports faced a significant contraction. The exports peaked at $12K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Keyboard Stringed Instrument in Kuwait (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 9,670 | 3,796 | 533 | 3,492 | -28.8% |
Thailand | 442 | 336 | 338 | 338 | -8.6% |
Lebanon | 366 | 630 | 191 | 211 | -16.8% |
Bahrain | 316 | 186 | 145 | 112 | -29.2% |
United Arab Emirates | 250 | 152 | 122 | 98.0 | -26.8% |
Ghana | 40.0 | 26.0 | 22.0 | 19.0 | -22.0% |
Burkina Faso | 892 | N/A | N/A | N/A | 0% |
Morocco | N/A | N/A | 351 | N/A | 0% |
Qatar | N/A | 385 | N/A | N/A | 0% |
Egypt | N/A | 834 | N/A | N/A | 0% |
Kenya | N/A | 184 | N/A | N/A | 0% |
Netherlands | N/A | 288 | N/A | N/A | 0% |
Others | N/A | 22.0 | N/A | N/A | 0% |
Total | 11,976 | 6,839 | 1,702 | 4,270 | -29.1% |
Top Export Markets for Keyboard Stringed Instrument from Kuwait in 2022:
- Saudi Arabia (2.0 units)
- Ghana (1.0 units)
- Bahrain (1.0 units)
- United Arab Emirates (1.0 units)
- Lebanon (1.0 units)
- Thailand (1.0 units)
This report provides an in-depth analysis of the keyboard stringed instrument 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 32201150 - Keyboard stringed instruments (including harpsichords, s pinets and clavichords)
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
-
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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