Kuwait: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in Kuwait

The Kuwaiti photo-copying apparatus market declined slightly to $X in 2021, with a decrease of -2.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt curtailment. Photo-copying apparatus consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Photo-Copying Apparatus Exports

Exports from Kuwait

In 2021, exports of photo-copying apparatus from Kuwait skyrocketed to X units, increasing by 336% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 702%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, photo-copying apparatus exports skyrocketed to $X in 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 749%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for photo-copying apparatus exports from Kuwait, with a 72% share of total exports. Moreover, photo-copying apparatus exports to the United Arab Emirates exceeded the volume sent to the second major destination, Egypt (X units), sixfold. Qatar (X units) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates stood at +60.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+46.7% per year) and Qatar (+45.0% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for photo-copying apparatus exports from Kuwait, comprising 65% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 14% share of total exports. It was followed by Qatar, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +70.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+38.6% per year) and Qatar (+120.0% per year).

Export Prices by Country

The average photo-copying apparatus export price stood at $X per unit in 2021, which is down by -43.3% against the previous year. Overall, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 91% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Jordan ($X per unit), while the average price for exports to Egypt ($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 Jordan (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.

Photo-Copying Apparatus Imports

Imports into Kuwait

In 2021, approx. X units of photo-copying apparatus were imported into Kuwait; with an increase of 2.9% on 2020 figures. In general, imports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 when imports increased by 85% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, photo-copying apparatus imports fell slightly to $X in 2021. Over the period under review, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2018 with an increase of 70% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units) constituted the largest photo-copying apparatus supplier to Kuwait, accounting for a 56% share of total imports. Moreover, photo-copying apparatus imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold. Japan (X units) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled -12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-10.2% per year) and Japan (-2.1% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of photo-copying apparatus to Kuwait, comprising 45% of total imports. The second position in the ranking was held by Japan ($X), with a 12% share of total imports. It was followed by Vietnam, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+1.9% per year) and Vietnam (-8.4% per year).

Import Prices by Country

The average photo-copying apparatus import price stood at $X per unit in 2021, declining by -4.4% against the previous year. Overall, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, photo-copying apparatus import price decreased by -15.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 53%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained 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 Italy ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :