Kuwait - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in Kuwait - 2021
Contents:
- Multimeter Price in Kuwait (CIF) - 2022
- Multimeter Price in Kuwait (FOB) - 2022
- Multimeter Imports in Kuwait
- Multimeter Exports in Kuwait
Multimeter Price in Kuwait (CIF) - 2022
In 2022, the average multimeter import price amounted to $21 per unit, with an increase of 2.3% against the previous year. In general, the import price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 151%. The import price peaked at $32 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($67 per unit), while the price for Finland ($2.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Multimeter Price in Kuwait (FOB) - 2022
The average multimeter export price stood at $11 per unit in 2022, picking up by 7.8% against the previous year. Over the period under review, the export price, however, recorded a abrupt setback. The growth pace was the most rapid in 2016 when the average export price increased by 94% against the previous year. As a result, the export price attained the peak level of $37 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($156 per unit), while the average price for exports to the United Arab Emirates ($0.3 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 Japan (+186.0%), while the prices for the other major destinations experienced a decline.
Multimeter Imports in Kuwait
Multimeter imports into Kuwait declined dramatically to 40K units in 2022, with a decrease of -24.1% compared with the year before. In general, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 93%. Imports peaked at 69K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, multimeter imports shrank sharply to $846K in 2022. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 81%. Over the period under review, imports reached the peak figure at $1.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Multimeter in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 93.4 | 49.3 | 210 | 295 | 46.7% |
| United Arab Emirates | 35.1 | 33.6 | 4.1 | 94.8 | 39.3% |
| Italy | 227 | 18.5 | 1.8 | 68.1 | -33.1% |
| China | 356 | 87.4 | 191 | 53.7 | -46.8% |
| United Kingdom | 11.2 | 120 | 22.5 | 50.9 | 65.6% |
| United States | 99.5 | 43.5 | 362 | 28.1 | -34.4% |
| Taiwan (Chinese) | 77.2 | 21.8 | 7.5 | 24.0 | -32.3% |
| Thailand | 4.3 | 3.2 | 6.1 | 18.9 | 63.8% |
| Oman | 4.8 | 3.5 | 9.8 | 12.8 | 38.7% |
| Tunisia | 12.5 | 2.0 | 9.1 | 11.8 | -1.9% |
| South Korea | 21.9 | 4.7 | 7.8 | 11.4 | -19.6% |
| Turkey | 38.4 | 11.7 | 5.6 | 5.1 | -49.0% |
| Finland | 6.5 | 3.0 | 3.4 | 4.1 | -14.2% |
| Others | 498 | 200 | 249 | 167 | -30.5% |
| Total | 1,487 | 603 | 1,089 | 846 | -17.1% |
Top Suppliers of Multimeter to Kuwait in 2022:
- China (10.9K units)
- Austria (5.4K units)
- United Kingdom (3.3K units)
- Oman (2.9K units)
- United Arab Emirates (2.6K units)
- South Korea (2.1K units)
- Finland (1.9K units)
- Taiwan (Chinese) (1.6K units)
- Turkey (1.2K units)
- Italy (1.0K units)
- Tunisia (1.0K units)
- Thailand (0.9K units)
- United States (0.8K units)
Multimeter Exports in Kuwait
Multimeter exports from Kuwait fell significantly to 2.4K units in 2022, waning by -45.6% on the year before. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,044%. As a result, the exports reached the peak of 4.3K units, and then declined remarkably in the following year.
In value terms, multimeter exports dropped significantly to $26K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 480%. As a result, the exports reached the peak of $44K, and then fell notably in the following year.
| Export of Multimeter in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.2 | 6.8 | 38.5 | 23.4 | 65.1% |
| Iraq | N/A | N/A | 1.8 | 0.9 | -50.0% |
| Saudi Arabia | 0.1 | 0.1 | 1.0 | 0.5 | 71.0% |
| United Arab Emirates | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Qatar | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Switzerland | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Colombia | N/A | N/A | 0.2 | N/A | 0% |
| Austria | N/A | N/A | 0.1 | N/A | 0% |
| Bahrain | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.6 | 0.5 | 1.9 | 0.8 | 10.1% |
| Total | 6.0 | 7.6 | 44.3 | 26.0 | 63.0% |
Top Export Markets for Multimeter from Kuwait in 2022:
- Iraq (859.0 units)
- United Arab Emirates (365.0 units)
- Qatar (345.0 units)
- Switzerland (322.0 units)
- Japan (150.0 units)
- Saudi Arabia (123.0 units)
- Bahrain (74.0 units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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
-
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
-
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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