Kuwait - Telephones And Videophones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTelephone Price in Kuwait - 2021
Contents:
- Telephone Price in Kuwait (CIF) - 2021
- Telephone Price in Kuwait (FOB) - 2022
- Telephone Imports in Kuwait
- Telephone Exports in Kuwait
Telephone Price in Kuwait (CIF) - 2021
In December 2021, the average telephone import price amounted to $710 per unit, surging by 4.3% against the previous month. In general, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in February 2021 an increase of 216% m-o-m. Over the period under review, average import prices hit record highs at $1,043 per unit in September 2021; however, from October 2021 to December 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was China ($775 per unit), while the price for Vietnam ($130 per unit) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+5.6%), while the prices for the other major suppliers experienced a decline.
Telephone Price in Kuwait (FOB) - 2022
The average telephone export price stood at $146 per unit in 2022, picking up by 77% against the previous year. Over the period under review, the export price recorded strong growth. The export price peaked at $270 per unit in 2017; however, from 2018 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 ($335 per unit), while the average price for exports to Thailand ($7.9 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 Iran (+41.7%), while the prices for the other major destinations experienced more modest paces of growth.
Telephone Imports in Kuwait
In 2022, approx. 88K units of telephones and videophones were imported into Kuwait; waning by -12.5% against the previous year's figure. Over the period under review, imports showed a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, imports reached the maximum at 344K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, telephone imports reduced modestly to $8.5M in 2022. Overall, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 1.7% against the previous year. Over the period under review, imports attained the peak figure at $47M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Telephone in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 4.8 | 0.6 | 0.8 | 1.9 | -26.6% |
| Germany | 3.1 | 0.7 | 0.2 | 0.9 | -33.8% |
| Sweden | N/A | N/A | N/A | 0.4 | 0% |
| China | 0.2 | 0.3 | 0.5 | 0.4 | 26.0% |
| United States | 5.5 | 2.7 | 0.6 | 0.3 | -62.1% |
| Singapore | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Vietnam | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Malaysia | 1.5 | 0.1 | 0.1 | N/A | -74.2% |
| United Arab Emirates | 21.6 | 2.2 | 2.6 | N/A | -65.3% |
| Others | 10.5 | 1.7 | 3.5 | 4.3 | -25.7% |
| Total | 47.3 | 8.4 | 8.5 | 8.5 | -43.6% |
Top Suppliers of Telephone to Kuwait in 2022:
- United Arab Emirates (undefinedK units)
- Germany (13.7K units)
- Hungary (12.6K units)
- China (5.4K units)
- Vietnam (5.0K units)
- Sweden (3.0K units)
- United States (1.9K units)
- Singapore (1.5K units)
- Malaysia (0.5K units)
Telephone Exports in Kuwait
Telephone exports from Kuwait skyrocketed to 1.3K units in 2022, growing by 146% compared with the previous year. Overall, exports, however, faced a deep downturn. Over the period under review, the exports hit record highs at 2K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, telephone exports skyrocketed to $184K in 2022. In general, exports, however, faced a abrupt setback. Over the period under review, the exports hit record highs at $326K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Telephone in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 22.1 | 32.4 | 8.5 | 86.1 | 57.4% |
| Saudi Arabia | 147 | 97.7 | 9.1 | 9.1 | -60.4% |
| United Kingdom | 8.3 | 21.0 | 7.9 | 6.9 | -6.0% |
| Jordan | 2.8 | N/A | N/A | 3.0 | 2.3% |
| Spain | N/A | N/A | 0.4 | 2.6 | 550.0% |
| Qatar | 0.6 | 2.9 | 0.9 | 2.2 | 54.2% |
| Thailand | N/A | 0.2 | 0.6 | 0.1 | -29.3% |
| Sweden | 12.7 | 16.8 | 0.6 | N/A | -78.3% |
| Morocco | 1.9 | 26.8 | 2.0 | N/A | 2.6% |
| Singapore | N/A | 16.0 | 1.6 | N/A | -90.0% |
| Italy | 13.2 | N/A | N/A | N/A | 0% |
| Netherlands | 38.9 | 13.6 | 3.0 | N/A | -72.2% |
| Others | 38.9 | 98.2 | 7.6 | 74.0 | 23.9% |
| Total | 286 | 326 | 42.3 | 184 | -13.7% |
Top Export Markets for Telephone from Kuwait in 2022:
- Hungary (516.0 units)
- Qatar (124.0 units)
- United Kingdom (60.0 units)
- Jordan (40.0 units)
- Saudi Arabia (27.0 units)
- Thailand (18.0 units)
- Spain (16.0 units)
This report provides an in-depth analysis of the telephone 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 26302100 - Line telephone sets with cordless handsets
- Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones
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.
-
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
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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
-
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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