Report Kuwait - Mounted Piezo-Electric Crystals - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Kuwait - Mounted Piezo-Electric Crystals - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Mounted Piezo-Electric Crystals Market 2023

Mounted Piezo-Electric Crystals Market Size in Kuwait

The Kuwaiti mounted piezo-electric crystals market surged to $X in 2021, growing by 931% against the previous year. Overall, consumption continues to indicate a buoyant expansion. Mounted piezo-electric crystals consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Mounted Piezo-Electric Crystals Production in Kuwait

In value terms, mounted piezo-electric crystals production amounted to $X in 2021 estimated in export price. Overall, production continues to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2019 with a decrease of -2.4%. Mounted piezo-electric crystals production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Mounted Piezo-Electric Crystals Exports

Exports from Kuwait

In 2021, the amount of mounted piezo-electric crystals exported from Kuwait soared to X units, surging by 4,037% on the previous year's figure. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 8,063% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, mounted piezo-electric crystals exports soared to $X in 2021. Overall, exports, however, saw a pronounced setback. The growth pace was the most rapid in 2018 when exports increased by 382%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for mounted piezo-electric crystals exports from Kuwait, accounting for a 90% share of total exports. Moreover, mounted piezo-electric crystals exports to China exceeded the volume sent to the second major destination, Germany (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+89.0% per year) and Saudi Arabia (+36.4% per year).

In value terms, Germany ($X) remains the key foreign market for mounted piezo-electric crystals exports from Kuwait, comprising 69% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +18.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-18.3% per year) and China (0.0% per year).

Export Prices by Country

In 2021, the average mounted piezo-electric crystals export price amounted to $X per unit, reducing by -91.4% against the previous year. In general, the export price continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 7,427% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-38.1%).

Mounted Piezo-Electric Crystals Imports

Imports into Kuwait

After two years of growth, purchases abroad of mounted piezo-electric crystals decreased by -80.4% to X units in 2021. Overall, imports saw a precipitous decline. The growth pace was the most rapid in 2017 when imports increased by 424% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, mounted piezo-electric crystals imports fell notably to $X in 2021. In general, imports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2014 when imports increased by 280% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X units), the United States (X units) and Singapore (X units) were the main suppliers of mounted piezo-electric crystals imports to Kuwait, with a combined 83% share of total imports. Bulgaria, the UK and Canada lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the biggest increases were in Bulgaria (with a CAGR of +39.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest mounted piezo-electric crystals suppliers to Kuwait were Singapore ($X), the United States ($X) and the UK ($X), with a combined 74% share of total imports.

Singapore, with a CAGR of +11.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average mounted piezo-electric crystals import price amounted to $X per unit, stabilizing at the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 329%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Singapore ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for mounted piezo-electric crystals in the world?
+
The countries with the highest volumes of consumption in 2021 were South Africa, Mexico and the UK, together accounting for 66% of global consumption. These countries were followed by China, Taiwan Chinese), Hong Kong SAR, Vietnam, South Korea and Croatia, which together accounted for a further 19%.
What are the largest producers of mounted piezo-electric crystals in the world?
+
The countries with the highest volumes of production in 2021 were South Africa, Japan and the UK, with a combined 74% share of global production. Taiwan Chinese), Singapore, Mexico and Hong Kong SAR lagged somewhat behind, together comprising a further 20%.
What are the leading suppliers of mounted piezo-electric crystals to Kuwait?
+
In value terms, Singapore, the United States and the UK $544) appeared to be the largest mounted piezo-electric crystals suppliers to Kuwait, with a combined 74% share of total imports.
What are the leading importers of mounted piezo-electric crystals from Kuwait?
+
In value terms, Germany remains the key foreign market for mounted piezo-electric crystals exports from Kuwait, comprising 69% of total exports. The second position in the ranking was held by Saudi Arabia, with a 22% share of total exports.
What is the average export price for mounted piezo-electric crystals in Kuwait?
+
The average mounted piezo-electric crystals export price stood at $0.6 per unit in 2021, falling by -91.4% against the previous year.
What is the average import price for mounted piezo-electric crystals in Kuwait?
+
In 2021, the average mounted piezo-electric crystals import price amounted to $2.7 per unit, standing approx. at the previous year.

This report provides an in-depth analysis of the mounted piezo-electric crystals 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 26112280 - Mounted piezo-electric crystals (including quartz, oscillator and resonators)
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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