Price for Book-Binding Machinery; Including Book-Sewing Machines in Kuwait - 2021
Contents:
- Price for Book-Binding Machinery; Including Book-Sewing Machines in Kuwait (CIF) - 2022
- Price for Book-Binding Machinery; Including Book-Sewing Machines in Kuwait (FOB) - 2022
- Imports of Book-Binding Machinery; Including Book-Sewing Machines in Kuwait
- Exports of Book-Binding Machinery; Including Book-Sewing Machines in Kuwait
Price for Book-Binding Machinery; Including Book-Sewing Machines in Kuwait (CIF) - 2022
The average import price for book-binding machinery; including book-sewing machineses stood at $346 per unit in 2022, dropping by -7% against the previous year. In general, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2015 an increase of 42%. The import price peaked at $715 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($2,451 per unit), while the price for Taiwan (Chinese) ($125 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Book-Binding Machinery; Including Book-Sewing Machines in Kuwait (FOB) - 2022
The average export price for book-binding machinery; including book-sewing machineses stood at $1,048 per unit in 2022, growing by 9.5% against the previous year. In general, the export price saw measured growth. The growth pace was the most rapid in 2020 an increase of 272%. Over the period under review, the average export prices reached the peak figure at $1,568 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
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 Saudi Arabia ($3,375 per unit), while the average price for exports to Egypt ($58 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 Hong Kong SAR (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Book-Binding Machinery; Including Book-Sewing Machines in Kuwait
Book-binding machinery; including book-sewing machines imports into Kuwait contracted slightly to 482 units in 2022, approximately equating 2021 figures. In general, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Over the period under review, imports attained the maximum at 2.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, book-binding machinery; including book-sewing machines imports declined to $167K in 2022. Over the period under review, imports faced a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, imports attained the peak figure at $881K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Book-Binding Machinery; Including Book-Sewing Machines in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 295 | 72.4 | 98.1 | 106 | -28.9% |
| United Arab Emirates | 29.7 | 6.5 | 15.8 | 14.2 | -21.8% |
| China | 69.8 | 7.2 | 24.7 | 6.2 | -55.4% |
| Italy | 59.5 | 3.6 | 0.8 | 4.0 | -59.3% |
| Switzerland | 166 | 18.5 | 11.3 | 3.0 | -73.8% |
| Taiwan (Chinese) | 33.7 | 0.6 | 0.7 | 2.8 | -56.4% |
| Germany | 47.7 | 15.0 | 1.8 | 1.5 | -68.4% |
| Others | 179 | 28.8 | 27.9 | 29.6 | -45.1% |
| Total | 881 | 153 | 181 | 167 | -42.6% |
Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Kuwait in 2022:
- Lebanon (322.0 units)
- United Arab Emirates (87.0 units)
- Taiwan (Chinese) (22.0 units)
- China (15.0 units)
- Italy (2.0 units)
- Germany (2.0 units)
- Switzerland (1.0 units)
Exports of Book-Binding Machinery; Including Book-Sewing Machines in Kuwait
In 2022, book-binding machinery; including book-sewing machines exports from Kuwait contracted rapidly to 25 units, with a decrease of -19.4% against 2021 figures. Overall, exports showed a precipitous contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 48% against the previous year. Over the period under review, the exports hit record highs at 63 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, book-binding machinery; including book-sewing machines exports contracted to $26K in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $29K, and then declined in the following year.
| Export of Book-Binding Machinery; Including Book-Sewing Machines in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 6.9 | 16.2 | 12.6 | 50.4% |
| Hong Kong SAR | 2.6 | 11.4 | 4.7 | 7.1 | 39.8% |
| Qatar | 2.1 | 2.3 | 4.6 | 3.5 | 18.6% |
| United Arab Emirates | 0.7 | 0.4 | 0.9 | 0.8 | 4.6% |
| Egypt | 0.4 | 0.5 | 0.6 | 0.4 | 0.0% |
| Pakistan | 7.5 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 1.9 | 2.2 | 1.9 | 8.2% |
| Total | 18.6 | 23.3 | 29.2 | 26.2 | 12.1% |
Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Kuwait in 2022:
- Germany (8.0 units)
- Egypt (7.0 units)
- United Arab Emirates (4.0 units)
- Hong Kong SAR (3.0 units)
- Qatar (2.0 units)
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