Price for Electronic Integrated Circuits; Memories in Kuwait - 2021

Contents:

  1. Price for Electronic Integrated Circuits; Memories in Kuwait (CIF) - 2022
  2. Price for Electronic Integrated Circuits; Memories in Kuwait (FOB) - 2022
  3. Imports of Electronic Integrated Circuits; Memories in Kuwait
  4. Exports of Electronic Integrated Circuits; Memories in Kuwait

Price for Electronic Integrated Circuits; Memories in Kuwait (CIF) - 2022

The average electronic integrated circuits; memories import price stood at $22 per unit in 2022, dropping by -88.2% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 117% against the previous year. The import price peaked at $234 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 the United Arab Emirates ($984 per unit), while the price for Italy ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+33.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electronic Integrated Circuits; Memories in Kuwait (FOB) - 2022

The average electronic integrated circuits; memories export price stood at $18 per unit in 2022, waning by -4.9% against the previous year. Overall, the export price, however, showed temperate growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 2,395% against the previous year. As a result, the export price attained the peak level of $28 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($140 per unit), while the average price for exports to Denmark ($5.6 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 the Czech Republic (+29.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electronic Integrated Circuits; Memories in Kuwait

Electronic integrated circuits; memories imports into Kuwait skyrocketed to 35K units in 2022, jumping by 496% compared with 2021 figures. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electronic integrated circuits; memories imports dropped rapidly to $774K in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 143% against the previous year. As a result, imports reached the peak of $1.1M, and then fell notably in the following year.

Import of Electronic Integrated Circuits; Memories in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A7030%
Taiwan (Chinese)53.684.777.97.1-49.0%
China87.269.61780.2-86.8%
Others23029684063.3-35.0%
Total3714511,09777427.8%

Top Suppliers of Electronic Integrated Circuits; Memories to Kuwait in 2022:

  1. China (undefinedK units)
  2. Italy (34.6K units)
  3. Taiwan (Chinese) (0.2K units)

Exports of Electronic Integrated Circuits; Memories in Kuwait

In 2022, approx. 58 units of electronic integrated circuits were exported from Kuwait; with an increase of 152% against the previous year. Overall, exports recorded a prominent increase. Over the period under review, the exports reached the maximum at 75 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, electronic integrated circuits; memories exports soared to $1K in 2022. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at $1.6K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Electronic Integrated Circuits; Memories in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France839372250600-10.6%
Denmark52.016977.027874.9%
Czech Republic10824455.01347.5%
Netherlands30.057.09.018.0-15.7%
United Arab EmiratesN/A793N/AN/A0%
Others28.0N/A34.0N/A10.2%
Total1,0571,6354251,030-0.9%

Top Export Markets for Electronic Integrated Circuits; Memories from Kuwait in 2022:

  1. Denmark (49.0 units)
  2. Czech Republic (4.0 units)
  3. France (4.0 units)
  4. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

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