Kuwait - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultiple Loudspeakers Price in Kuwait - 2021
Contents:
- Multiple Loudspeakers Price in Kuwait (CIF) - 2021
- Multiple Loudspeakers Price in Kuwait (FOB) - 2022
- Multiple Loudspeakers Imports in Kuwait
- Multiple Loudspeakers Exports in Kuwait
Multiple Loudspeakers Price in Kuwait (CIF) - 2021
The average multiple loudspeakers import price stood at $38.6 per unit in December 2021, which is down by -51.5% against the previous month. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in November 2021 an increase of 325% against the previous month. Over the period under review, average import prices hit record highs at $144 per unit in June 2021; however, from July 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($474 per unit), while the price for China ($23.9 per unit) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Multiple Loudspeakers Price in Kuwait (FOB) - 2022
In 2022, the average multiple loudspeakers export price amounted to $98 per unit, increasing by 45% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 100% against the previous year. Over the period under review, the average export prices attained the peak figure at $136 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($250 per unit), while the average price for exports to India ($80 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 India (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Multiple Loudspeakers Imports in Kuwait
In 2022, overseas purchases of multiple loudspeakers (in enclosure) decreased by -18.5% to 121K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, imports reached the peak of 148K units, and then declined remarkably in the following year.
In value terms, multiple loudspeakers imports reduced to $9.1M in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports reached the peak of $9.9M, and then reduced in the following year.
Import of Multiple Loudspeakers in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.4 | 3.6 | 3.7 | 3.8 | 3.8% |
United Arab Emirates | 3.6 | 3.0 | 3.7 | 2.8 | -8.0% |
Malaysia | 0.2 | 0.5 | 0.5 | 0.6 | 44.2% |
Vietnam | 0.2 | 0.1 | 0.4 | 0.4 | 26.0% |
Others | 1.8 | 1.0 | 1.5 | 1.4 | -8.0% |
Total | 9.2 | 8.2 | 9.9 | 9.1 | -0.4% |
Top Suppliers of Multiple Loudspeakers to Kuwait in 2022:
- China (86.8K units)
- United Arab Emirates (16.5K units)
- Vietnam (5.9K units)
- Malaysia (2.1K units)
Multiple Loudspeakers Exports in Kuwait
In 2022, approx. 85 units of multiple loudspeakers (in enclosure) were exported from Kuwait; shrinking by -64.1% against 2021. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,217%. As a result, the exports attained the peak of 237 units, and then shrank significantly in the following year.
In value terms, multiple loudspeakers exports reduced rapidly to $8.3K in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,313% against the previous year. As a result, the exports attained the peak of $16K, and then shrank rapidly in the following year.
Export of Multiple Loudspeakers in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.9 | 0.2 | 9.3 | 4.4 | 69.7% |
Saudi Arabia | 0.5 | 0.3 | N/A | 1.6 | 47.4% |
Bahrain | 0.3 | 0.1 | 1.3 | 0.7 | 32.6% |
Others | 1.3 | 0.1 | 5.4 | 1.6 | 7.2% |
Total | 3.0 | 0.7 | 16.0 | 8.3 | 40.4% |
Top Export Markets for Multiple Loudspeakers from Kuwait in 2022:
- India (55.0 units)
- Saudi Arabia (12.0 units)
- Bahrain (3.0 units)
This report provides an in-depth analysis of the multiple loudspeakers 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 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
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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