Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait - 2022

Contents:

  1. Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait (CIF) - 2022
  2. Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait (FOB) - 2022
  3. Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait
  4. Exports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait

Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait (CIF) - 2022

In 2022, the average import price for postage-franking machines, ticket-issuing machines which print ticketses amounted to $1,270 per unit, picking up by 23% against the previous year. Over the period under review, the import price posted strong growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 112%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 China ($9,041 per unit), while the price for Taiwan (Chinese) ($227 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+44.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait (FOB) - 2022

The average export price for postage-franking machines, ticket-issuing machines which print ticketses stood at $184 per unit in 2022, increasing by 35% against the previous year. Overall, the export price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of 70%. Over the period under review, the average export prices reached the maximum at $561 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($840 per unit), while the average price for exports to Qatar ($104 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 Qatar (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait

In 2022, the amount of postage-franking machines, ticket-issuing machines which print ticketses imported into Kuwait contracted dramatically to 224 units, waning by -15.8% against 2021. Over the period under review, imports showed a sharp slump. The pace of growth was the most pronounced in 2021 when imports increased by 228%. Imports peaked at 797 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of postage-franking machines, ticket-issuing machines which print ticketses rose slightly to $284K in 2022. Overall, imports faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 596%. Over the period under review, imports of attained the peak figure at $616K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR45932.4245264-16.8%
China12.80.42.09.0-11.1%
Others1446.828.111.9-56.4%
Total61639.6275284-22.7%

Top Suppliers of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets to Kuwait in 2022:

  1. Hong Kong SAR (204.0 units)
  2. China (1.0 units)

Exports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait

After three years of growth, shipments abroad of postage-franking machines, ticket-issuing machines which print ticketses decreased by -51% to 751 units in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,117% against the previous year. As a result, the exports attained the peak of 1.5K units, and then contracted markedly in the following year.

In value terms, exports of postage-franking machines, ticket-issuing machines which print ticketses reduced remarkably to $138K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 544%. As a result, the exports attained the peak of $210K, and then shrank significantly in the following year.

Export of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.45.712.872.2465.1%
Saudi Arabia3.719.316.937.0115.4%
Qatar0.52.72.221.4249.8%
Egypt0.84.13.47.1107.0%
TurkeyN/AN/A174N/A0%
Others1.20.80.40.6-20.6%
Total6.632.6210138175.5%

Top Export Markets for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets from Kuwait in 2022:

  1. United Arab Emirates (485.0 units)
  2. Qatar (207.0 units)
  3. Saudi Arabia (44.0 units)
  4. Egypt (12.0 units)

Source: IndexBox Market Intelligence Platform

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