Kuwait - Medicaments Containing Vitamins And Provitamins - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 3, 2024

Kuwait - Medicaments Containing Vitamins And Provitamins - Market Analysis, Forecast, Size, Trends And Insights

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Medicaments Containing Vitamins Price in Kuwait - 2021

Contents:

  1. Medicaments Containing Vitamins Price in Kuwait (CIF) - 2022
  2. Medicaments Containing Vitamins Price in Kuwait (FOB) - 2022
  3. Medicaments Containing Vitamins Imports in Kuwait
  4. Medicaments Containing Vitamins Exports in Kuwait

Medicaments Containing Vitamins Price in Kuwait (CIF) - 2022

The average medicaments containing vitamins import price stood at $37,952 per ton in 2022, increasing by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 23%. As a result, import price reached the peak level of $60,918 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($289,495 per ton), while the price for Cyprus ($2,488 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Medicaments Containing Vitamins Price in Kuwait (FOB) - 2022

The average medicaments containing vitamins export price stood at $6,771 per ton in 2022, shrinking by -10% against the previous year. Overall, the export price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2020 an increase of 32% against the previous year. Over the period under review, the average export prices attained the peak figure at $10,452 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($8,209 per ton), while the average price for exports to Oman ($3,992 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+3.1%), while the prices for the other major destinations experienced a decline.

Medicaments Containing Vitamins Imports in Kuwait

After three years of growth, overseas purchases of medicaments containing vitamins and provitamins decreased by -34.4% to 346 tons in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 120% against the previous year. As a result, imports reached the peak of 528 tons, and then shrank sharply in the following year.

In value terms, medicaments containing vitamins imports fell dramatically to $13M in 2022. In general, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 90%. As a result, imports reached the peak of $17M, and then fell markedly in the following year.

Import of Medicaments Containing Vitamins in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia6752,0122,4422,22348.8%
Switzerland4641801531,91560.4%
Canada1686458901,601112.0%
France1,1156028331,48610.0%
Greece2858861,2481,35668.2%
United States1,2383851,1371,2751.0%
Germany2,3091,7964,822524-39.0%
Japan2,378359379472-41.7%
Egypt10323829626937.7%
Netherlands4.948.9156231261.2%
Cyprus66.121629320545.8%
Jordan54.199.319816745.6%
Belgium5.241.5107150206.7%
Others8251,5514,2661,26615.3%
Total9,6909,06017,22213,14110.7%

Top Suppliers of Medicaments Containing Vitamins to Kuwait in 2022:

  1. Canada (90.2 tons)
  2. Cyprus (82.2 tons)
  3. Greece (34.3 tons)
  4. France (20.3 tons)
  5. United States (16.7 tons)
  6. Netherlands (15.2 tons)
  7. Switzerland (10.8 tons)
  8. Belgium (10.8 tons)
  9. Jordan (9.4 tons)
  10. Egypt (8.9 tons)
  11. Saudi Arabia (7.7 tons)
  12. Germany (7.6 tons)
  13. Japan (4.5 tons)

Medicaments Containing Vitamins Exports in Kuwait

In 2022, shipments abroad of medicaments containing vitamins and provitamins was finally on the rise to reach 105 tons after two years of decline. In general, exports, however, saw a precipitous shrinkage.

In value terms, medicaments containing vitamins exports reached $712K in 2022. Over the period under review, exports, however, continue to indicate a sharp reduction.

Export of Medicaments Containing Vitamins in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia6,149199271252-65.5%
Bahrain30.47.014016776.4%
Oman49716111881.5-45.3%
United Arab Emirates1,476210N/A81.4-61.9%
Qatar1,35417.786.169.5-62.8%
Jordan89.94.818.011.0-50.4%
Others42011675.950.1-50.8%
Total10,017716709712-58.6%

Top Export Markets for Medicaments Containing Vitamins from Kuwait in 2022:

  1. Saudi Arabia (37.0 tons)
  2. Bahrain (34.4 tons)
  3. Oman (20.4 tons)
  4. United Arab Emirates (9.9 tons)
  5. Jordan (2.2 tons)
  6. Qatar (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medicaments containing vitamins 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 21201360 - Medicaments containing vitamins, provitamins, derivatives and intermixtures thereof, for therapeutic or prophylactic uses, put up in measured doses or for retail sale

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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