Kuwait - Magnetic Media, Not Recorded, Except Cards With A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Kuwait - Magnetic Media, Not Recorded, Except Cards With A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights

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Magnetic Media Price in Kuwait - 2021

Contents:

  1. Magnetic Media Price in Kuwait (CIF) - 2022
  2. Magnetic Media Price in Kuwait (FOB) - 2022
  3. Magnetic Media Imports in Kuwait
  4. Magnetic Media Exports in Kuwait

Magnetic Media Price in Kuwait (CIF) - 2022

The average magnetic media import price stood at $37 per unit in 2022, reducing by -5.5% against the previous year. Overall, the import price showed a slight slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 105%. As a result, import price attained the peak level of $80 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($93 per unit), while the price for Taiwan (Chinese) ($3.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Magnetic Media Price in Kuwait (FOB) - 2022

The average magnetic media export price stood at $18 per unit in 2022, rising by 4.7% against the previous year. Over the period under review, the export price showed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 62% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($116 per unit), while the average price for exports to South Africa ($0.1 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 the United Arab Emirates (+45.6%), while the prices for the other major destinations experienced more modest paces of growth.

Magnetic Media Imports in Kuwait

In 2022, the amount of magnetic media, not recorded, except cards with a magnetic stripe imported into Kuwait soared to 39K units, rising by 146% on the previous year's figure. Overall, imports, however, continue to indicate a slight descent. Over the period under review, imports hit record highs at 63K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, magnetic media imports skyrocketed to $1.4M in 2022. Over the period under review, imports, however, recorded a noticeable descent. Over the period under review, imports attained the maximum at $2.3M in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Magnetic Media in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4411,80145482823.4%
United Arab Emirates37685.07.6318-5.4%
Japan444136105174-26.8%
China12521.816.327.5-39.6%
Austria14.213.38.623.518.3%
United Kingdom17.733.97.110.9-14.9%
Saudi Arabia44.420.21.87.6-44.5%
Taiwan (Chinese)16.96.60.22.5-47.1%
Others13915522.556.1-26.1%
Total1,6172,2736241,448-3.6%

Top Suppliers of Magnetic Media to Kuwait in 2022:

  1. Netherlands (20.4K units)
  2. United Arab Emirates (10.9K units)
  3. Japan (1.9K units)
  4. Saudi Arabia (1.3K units)
  5. Austria (1.1K units)
  6. China (0.9K units)
  7. Taiwan (Chinese) (0.6K units)
  8. United Kingdom (0.4K units)

Magnetic Media Exports in Kuwait

In 2022, approx. 230 units of magnetic media, not recorded, except cards with a magnetic stripe were exported from Kuwait; falling by -33.7% against the previous year. Overall, exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 90% against the previous year. Over the period under review, the exports attained the peak figure at 1.9K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, magnetic media exports contracted significantly to $4K in 2022. Over the period under review, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 158%. Over the period under review, the exports reached the maximum at $14K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Magnetic Media in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar1431,3344,4553,102178.9%
United Kingdom5,528488760516-54.6%
United Arab Emirates2,465156142116-63.9%
United States1,13081.010357.0-63.1%
Oman64650.069.041.0-60.1%
Thailand21620.031.022.0-53.3%
South Africa5.01.01.01.0-41.5%
Others4,196123251177-65.2%
Total14,3292,2535,8124,032-34.5%

Top Export Markets for Magnetic Media from Kuwait in 2022:

  1. Qatar (99.0 units)
  2. Oman (99.0 units)
  3. South Africa (7.0 units)
  4. Thailand (7.0 units)
  5. United States (3.0 units)
  6. United Kingdom (2.0 units)
  7. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the magnetic media 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 26801100 - Magnetic tapes and magnetic discs, unrecorded, for the recording of sound or of other phenomena

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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