Kuwait - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOptical Fiber Cables Price in Kuwait - 2021
Contents:
- Optical Fiber Cables Price in Kuwait (CIF) - 2022
- Optical Fiber Cables Price in Kuwait (FOB) - 2022
- Optical Fiber Cables Imports in Kuwait
- Optical Fiber Cables Exports in Kuwait
Optical Fiber Cables Price in Kuwait (CIF) - 2022
In 2022, the average optical fiber cables import price amounted to $10,873 per ton, shrinking by -7.3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 47%. Over the period under review, average import prices attained the peak figure at $11,734 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($41,568 per ton), while the price for Saudi Arabia ($4,691 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Optical Fiber Cables Price in Kuwait (FOB) - 2022
The average optical fiber cables export price stood at $19,209 per ton in 2022, growing by 5.8% against the previous year. Overall, the export price enjoyed prominent growth. The growth pace was the most rapid in 2015 an increase of 57% against the previous year. The export price peaked at $22,032 per ton in 2020; however, from 2021 to 2022, the export prices remained at a 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 Qatar ($41,311 per ton), while the average price for exports to Iraq ($1,571 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 Oman (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.
Optical Fiber Cables Imports in Kuwait
In 2022, overseas purchases of optical fiber cables increased by 17% to 1.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a dramatic descent.
In value terms, optical fiber cables imports totaled $17M in 2022. Over the period under review, imports, however, continue to indicate a precipitous setback.
| Import of Optical Fiber Cables in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.4 | 2.8 | 1.5 | 2.4 | -23.7% |
| Saudi Arabia | 4.7 | 1.5 | 0.6 | 1.7 | -28.8% |
| China | 1.6 | 1.2 | 1.8 | 1.4 | -4.4% |
| Spain | 1.6 | 0.7 | 0.8 | 0.6 | -27.9% |
| Oman | 0.2 | 0.2 | 0.6 | 0.5 | 35.7% |
| United Kingdom | 0.3 | 0.6 | 0.2 | 0.3 | 0.0% |
| Turkey | 0.3 | N/A | 0.1 | 0.2 | -12.6% |
| India | 1.0 | 0.3 | 0.4 | N/A | -36.8% |
| Others | 24.4 | 10.8 | 9.6 | 9.8 | -26.2% |
| Total | 39.5 | 18.2 | 15.6 | 16.9 | -24.6% |
Top Suppliers of Optical Fiber Cables to Kuwait in 2022:
- Saudi Arabia (362.1 tons)
- Spain (94.8 tons)
- Oman (80.3 tons)
- United Arab Emirates (79.8 tons)
- China (34.4 tons)
- Turkey (20.1 tons)
- United Kingdom (12.6 tons)
- India (2.2 tons)
Optical Fiber Cables Exports in Kuwait
In 2022, the amount of optical fiber cables exported from Kuwait shrank rapidly to 3.8 tons, which is down by -18.3% compared with 2021 figures. In general, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 67% against the previous year.
In value terms, optical fiber cables exports reduced to $72K in 2022. Overall, exports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 38%.
| Export of Optical Fiber Cables in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 144 | 22.7 | 34.3 | 24.8 | -44.4% |
| Hong Kong SAR | N/A | N/A | N/A | 3.8 | 0% |
| Qatar | 15.7 | 3.8 | 0.2 | 3.7 | -38.2% |
| Iraq | 0.8 | 0.1 | 0.1 | N/A | -64.6% |
| Others | 252 | 34.3 | 49.1 | 39.9 | -45.9% |
| Total | 413 | 60.9 | 83.8 | 72.3 | -44.1% |
Top Export Markets for Optical Fiber Cables from Kuwait in 2022:
- Saudi Arabia (1689.0 kg)
- Hong Kong SAR (92.0 kg)
- Qatar (90.0 kg)
- Iraq (28.0 kg)
This report provides an in-depth analysis of the optical fiber cables 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 27311100 - Optical fibre cables made up of individually sheathed fibres whether or not assembled with electric conductors or fitted with connectors
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
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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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