Kuwait: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2024

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Kuwait

The Kuwaiti market for medicaments of alkaloids or derivatives thereof stood at $X in 2022, picking up by X% against the previous year. In general, consumption posted a strong increase. Consumption of peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Kuwait

In value terms, production of medicaments of alkaloids or derivatives thereof dropped significantly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable setback. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

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Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Kuwait

In 2022, the amount of medicaments of alkaloids or derivatives thereof exported from Kuwait reduced slightly to X tons, declining by X% against the previous year. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof stood at $X in 2022. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of medicaments of alkaloids or derivatives thereof from Kuwait, with a X% share of total exports. It was followed by Bahrain (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and Saudi Arabia (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for medicaments of alkaloids or derivatives thereof exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Bahrain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average export price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price posted notable growth. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Kuwait

In 2022, purchases abroad of medicaments of alkaloids or derivatives thereof increased by X% to X tons, rising for the eighth consecutive year after two years of decline. Overall, imports saw prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of medicaments of alkaloids or derivatives thereof skyrocketed to $X in 2022. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The United Arab Emirates (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of imports of medicaments of alkaloids or derivatives thereof to Kuwait, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Kuwait, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average import price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price showed a abrupt setback. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 ($X per ton), while the price for Italy ($X 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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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