Report Update Apr 1, 2024

Kuwait - Printed Circuits - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Printed Circuit Market 2024

Printed Circuit Market Size in Kuwait

The Kuwaiti printed circuit market dropped slightly to $X in 2022, remaining relatively unchanged against the previous year. Overall, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Printed circuit consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Printed Circuit Production in Kuwait

In value terms, printed circuit production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Printed Circuit Exports

Exports from Kuwait

For the third consecutive year, Kuwait recorded growth in shipments abroad of printed circuits, which increased by X% to X units in 2022. Overall, exports, however, recorded a abrupt downturn. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, printed circuit exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a deep downturn. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for printed circuit exports from Kuwait, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for printed circuits exports from Kuwait.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia was relatively modest.

Export Prices by Country

In 2022, the average printed circuit export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a mild descent. The most prominent rate of growth was recorded 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 at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to X% per year.

Printed Circuit Imports

Imports into Kuwait

In 2022, supplies from abroad of printed circuits increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, printed circuit imports skyrocketed to $X in 2022. Overall, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of printed circuit to Kuwait, with a X% share of total imports. Moreover, printed circuit imports from the United States exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), tenfold. Italy (X units) ranked third in terms of total imports with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Italy (X% per year).

In value terms, the United States ($X) constituted the largest supplier of printed circuits to Kuwait, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from the United States 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

In 2022, the average printed circuit import price amounted to $X per unit, jumping by X% against the previous year. In general, the import price showed a strong expansion. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for printed circuits in the world?

The countries with the highest volumes of consumption in 2023 were China, Vietnam and Mexico, together accounting for 35% of global consumption.

What are the largest producers of printed circuits in the world?

China constituted the country with the largest volume of printed circuit production, comprising approx. 65% of total volume. Moreover, printed circuit production in China exceeded the figures recorded by the second-largest producer, Thailand, more than tenfold. The United States ranked third in terms of total production with a 3% share.

What are the leading suppliers of printed circuits to Kuwait?

In value terms, the United States constituted the largest supplier of printed circuits to Kuwait, comprising 84% of total imports. The second position in the ranking was held by Germany, with a 2.3% share of total imports. It was followed by Italy, with a 2% share.

What are the leading importers of printed circuits from Kuwait?

In value terms, Saudi Arabia emerged as the key foreign market for printed circuits exports from Kuwait.

What is the average export price for printed circuits in Kuwait?

The average printed circuit export price stood at $0.5 per unit in 2022, declining by -36.9% against the previous year.

What is the average import price for printed circuits in Kuwait?

In 2022, the average printed circuit import price amounted to $3.2 per unit, increasing by 76% against the previous year.

This report provides an in-depth analysis of the printed circuit 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 26121020 - Bare multilayer printed circuit boards
Prodcom 26121050 - Bare printed circuit boards other than multilayer
Prodcom 26121080 - Passive networks (including networks of resistors and/or capacitors) (excluding resistor chip arrays, capacitor chip arrays, boards containing active components, hybrids)

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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