Kuwait - Vaccines For Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Kuwait - Vaccines For Human Medicine - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Vaccine Price in Kuwait - 2021

Contents:

  1. Vaccine Price in Kuwait (CIF) - 2022
  2. Vaccine Price in Kuwait (FOB) - 2022
  3. Vaccine Imports in Kuwait
  4. Vaccine Exports in Kuwait

Vaccine Price in Kuwait (CIF) - 2022

In 2022, the average vaccine import price amounted to $1,159,630 per ton, reducing by -9% against the previous year. Over the period under review, the import price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 an increase of 98% against the previous year. As a result, import price reached the peak level of $1,274,472 per ton, and then fell in the following year.

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 Saudi Arabia ($1,152,259 per ton), while the price for France ($224,213 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Vaccine Price in Kuwait (FOB) - 2022

The average vaccine export price stood at $131,979 per ton in 2022, growing by 10% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vaccine export price increased by +21.6% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 51% against the previous year. Over the period under review, the average export prices attained the peak figure at $186,018 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to -9.0% per year.

Vaccine Imports in Kuwait

After three years of growth, purchases abroad of vaccines for human medicine decreased by -37% to 91 tons in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 245%. As a result, imports attained the peak of 145 tons, and then fell remarkably in the following year.

In value terms, vaccine imports fell sharply to $106M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 584% against the previous year. As a result, imports attained the peak of $185M, and then shrank remarkably in the following year.

Import of Vaccine in Kuwait (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.71.569.842.4150.4%
United States3.12.718.211.052.5%
Ireland6.05.75.33.8-14.1%
United Arab Emirates0.27.35.33.2152.0%
Saudi Arabia1.01.42.51.514.5%
Netherlands0.91.02.21.313.0%
France0.61.01.81.122.4%
RussiaN/AN/A9.7N/A0%
Others4.96.570.241.7104.2%
Total19.527.118510675.8%

Top Suppliers of Vaccine to Kuwait in 2022:

  1. Belgium (44.4 tons)
  2. United States (11.0 tons)
  3. United Arab Emirates (5.3 tons)
  4. Ireland (5.3 tons)
  5. France (4.8 tons)
  6. Netherlands (3.4 tons)
  7. Saudi Arabia (1.3 tons)

Vaccine Exports in Kuwait

In 2022, after three years of growth, there was significant decline in shipments abroad of vaccines for human medicine, when their volume decreased by -41% to 380 kg. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 202% against the previous year. As a result, the exports reached the peak of 644 kg, and then contracted notably in the following year.

In value terms, vaccine exports declined sharply to $50K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 234%. As a result, the exports reached the peak of $77K, and then plummeted in the following year.

Export of Vaccine in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar20.315.751.350.235.2%
SwitzerlandN/A7.4N/AN/A0%
BelgiumN/AN/A25.9N/A0%
Others0.1N/AN/AN/A0%
Total20.523.177.250.234.8%

Top Export Markets for Vaccine from Kuwait in 2022:

  1. Qatar (380.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vaccine 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 21202140 -
  • Prodcom 21202145 - Vaccines for human medicine

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Kuwait - Vaccines For Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 373

This report provides an in-depth analysis of the vaccine market in Kuwait.

Kuwait - Antisera And Other Blood Fractions - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 357

This report provides an in-depth analysis of the antisera market in Kuwait.

Kuwait - Biological Products - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 269

This report provides an in-depth analysis of the biological product market in Kuwait.

Kuwait - Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 373

This report provides an in-depth analysis of the market for human and animal blood in Kuwait.

Kuwait - Vaccines For Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 462

This report provides an in-depth analysis of the veterinary medicine vaccines market in Kuwait.

World - Vaccines For Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 2853

This report provides an in-depth analysis of the global vaccine market.

World - Antisera And Other Blood Fractions - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 2296

This report provides an in-depth analysis of the global antisera market.

World - Biological Products - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 563

This report provides an in-depth analysis of the global biological product market.

World - Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 652

This report provides an in-depth analysis of the global market for human and animal blood.

World - Vaccines For Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 756

This report provides an in-depth analysis of the global veterinary medicine vaccines market.

Global Vaccine Trade Gains Momentum, Surpassing $42B This Year
Oct 21, 2021
Eye 602

Due to widespread Covid vaccination rates, the global trade in vaccines reached $42.5B, the highest level ever. Belgium topped the country rankings by the value of exports this year, followed by Germany and the U.S. Growing global demand stimulates the rapid expansion of Covid vaccine production facilities in the EU.

Vaccine Market - Vaccine Exports From Belgium Seen Growing, Totaling $10,526M in 2014
Jul 8, 2015
Eye 1233

Belgium dominates in the global trade of vaccines for human medicine. In 2014, Belgium exported X tons of vaccines for human medicine totaling $X, X% over the previous year. Its primary trading partner was France, where it supplied X% o

The Largest Import Markets for Antisera
Nov 27, 2023
Eye 285

Explore the top import markets for antisera and their key statistics. Find out which countries dominate the global import market for antisera and their import values.

Global Trade in Antisera and Other Blood Fractions Skyrockets to Record $182B
Dec 6, 2021
Eye 1172

Global trade in antisera and other blood fractions reached the highest level ever, totalling near $182B in 2020. The U.S., Germany, China, Spain, the UK and South Korea top the world’s largest antisera exporter ranking, comprising 67% of the total shipments. More than half of antisera imports are supplied to Germany, the U.S., Austria, Spain, Italy, China and Switzerland. 

Switzerland and Germany are Main Suppliers on the Global Antisera Market
Jun 26, 2018
Eye 1083

In 2016, the antisera and other blood fractions market grew by X% to X billion USD. From 2007 to 2016, the global value of consumption of antisera and other blood fractions almost doubled, which was due to the rising demand in developing countries. 

Which Country Imports the Most Antisera in the World?
May 28, 2018
Eye 1267

In 2016, the global imports of antisera stood at X tons, moving up by X% against the previous year figure. Overall, antisera imports continue to indicate an outstanding expansion. The most prom...

Which Country Exports the Most Antisera in the World?
May 28, 2018
Eye 1273

In 2016, the global imports of antisera stood at X tons, moving up by X% against the previous year figure. Overall, antisera imports continue to indicate an outstanding expansion. The most prom...

Antisera Market - Global Trade in Antisera and Other Blood Fractions Shows Robust Growth
Nov 3, 2016
Eye 3242

From 2007 to 2015, global exports of antisera and other blood fractions showed steady growth, amounting to X million USD in 2015. There was an annual increase of +X% throughout the analyzed period.

Switzerland Topped the World's Exports of Antisera and Other Blood Fractions, with $25.7B in 2014
Jul 16, 2015
Eye 507

Switzerland seized control of the antisera and other blood fractions market. In 2014, Switzerland exported X thousand tons of antisera and other blood fractions totaling X billion USD, X% over the previous year. Its primary trading partner was G

Best Import Markets for Biological Products
Nov 21, 2023
Eye 245

Explore the top import markets for Biological Products worldwide, including the United States, Germany, Belgium, and more. Discover key statistics and import values in this article.

Free Data: Vaccines For Human Medicine - Kuwait