Kuwait - Pen Or Pencil Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Pen or Pencil Sets in Kuwait - 2022
Contents:
- Price for Pen or Pencil Sets in Kuwait (CIF) - 2022
- Price for Pen or Pencil Sets in Kuwait (FOB) - 2022
- Imports of Pen or Pencil Sets in Kuwait
- Exports of Pen or Pencil Sets in Kuwait
Price for Pen or Pencil Sets in Kuwait (CIF) - 2022
In 2022, the average pen or pencil sets import price amounted to $69 per unit, which is down by -28.8% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 53%. The import price peaked at $97 per unit in 2021, and then fell notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($636 per unit), while the price for Indonesia ($9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+24.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pen or Pencil Sets in Kuwait (FOB) - 2022
The average pen or pencil sets export price stood at $96 per unit in 2022, leveling off at the previous year. Overall, the export price, however, enjoyed a strong expansion. The growth pace was the most rapid in 2013 when the average export price increased by 249%. The export price peaked at $208 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($442 per unit), while the average price for exports to Bahrain ($24 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 Thailand (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pen or Pencil Sets in Kuwait
In 2022, supplies from abroad of pen or pencil sets was finally on the rise to reach 1.7K units after two years of decline. Over the period under review, imports, however, continue to indicate a sharp downturn. Over the period under review, imports attained the maximum at 4.2K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, pen or pencil sets imports rose remarkably to $118K in 2022. In general, imports, however, faced a sharp descent. Over the period under review, imports hit record highs at $383K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Pen or Pencil Sets in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 107 | 50.8 | 44.6 | 50.8 | -22.0% |
| France | 69.1 | 26.8 | 19.2 | 17.8 | -36.4% |
| China | 65.2 | 17.3 | 11.3 | 13.6 | -40.7% |
| United Arab Emirates | 6.6 | 1.1 | 9.2 | 9.0 | 10.9% |
| Jordan | 8.2 | 1.4 | 7.9 | 8.8 | 2.4% |
| Indonesia | 22.4 | 6.5 | 2.9 | 4.5 | -41.4% |
| Germany | 12.3 | 1.9 | 1.9 | 2.2 | -43.7% |
| South Korea | 5.7 | 2.5 | 2.1 | 2.2 | -27.2% |
| Others | 87.2 | 18.2 | 9.7 | 8.8 | -53.4% |
| Total | 383 | 127 | 109 | 118 | -32.5% |
Top Suppliers of Pen or Pencil Sets to Kuwait in 2022:
- China (532.0 units)
- Indonesia (499.0 units)
- Slovakia (276.0 units)
- United Arab Emirates (169.0 units)
- South Korea (86.0 units)
- Jordan (42.0 units)
- France (28.0 units)
- Germany (15.0 units)
Exports of Pen or Pencil Sets in Kuwait
In 2022, approx. 21 units of pen or pencil sets were exported from Kuwait; increasing by 133% against the previous year's figure. In general, exports showed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pen or pencil sets exports skyrocketed to $2K in 2022. Overall, exports, however, saw a pronounced decrease. Over the period under review, the exports hit record highs at $3.2K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Pen or Pencil Sets in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 256 | 431 | 171 | 882 | 51.0% |
| Saudi Arabia | 685 | 635 | 153 | 631 | -2.7% |
| Jordan | 1,273 | 2,046 | 520 | 442 | -29.7% |
| Thailand | 17.0 | 20.0 | 6.0 | 32.0 | 23.5% |
| Bahrain | 26.0 | 24.0 | 6.0 | 24.0 | -2.6% |
| Others | N/A | N/A | 8.0 | N/A | 0% |
| Total | 2,257 | 3,156 | 864 | 2,011 | -3.8% |
Top Export Markets for Pen or Pencil Sets from Kuwait in 2022:
- Saudi Arabia (14.0 units)
- Qatar (4.0 units)
- Bahrain (1.0 units)
- Thailand (1.0 units)
- Jordan (1.0 units)
This report provides an in-depth analysis of the market for pen or pencil sets 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 32991410 - Pen or pencil sets containing two or more writing instruments
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
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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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