Kuwait - Electric Lamps - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Kuwait - Electric Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Electric Lamp Price in Kuwait - 2021

Contents:

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

Electric Lamp Price in Kuwait (CIF) - 2022

The average electric lamp import price stood at $1.2 per unit in 2022, growing by 13% against the previous year. In general, the import price, however, showed a slight contraction. The growth pace was the most rapid in 2017 when the average import price increased by 21% against the previous year. The import price peaked at $1.5 per unit in 2018; however, from 2019 to 2022, import prices stood 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 Poland ($7.9 per unit), while the price for Hungary ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Lamp Price in Kuwait (FOB) - 2022

The average electric lamp export price stood at $2.3 per unit in 2022, with a decrease of -33.4% against the previous year. In general, the export price, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 284% against the previous year. Over the period under review, the average export prices attained the maximum at $4.1 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($67 per unit), while the average price for exports to Iraq ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+294.1%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports in Kuwait

In 2022, approx. 12M units of electric lamps were imported into Kuwait; with a decrease of -35.4% against the previous year's figure. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 18M units, and then contracted remarkably in the following year.

In value terms, electric lamp imports reduced sharply to $14M in 2022. Overall, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 12%. Imports peaked at $22M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Electric Lamp in Kuwait (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates4.33.54.46.414.2%
China12.28.99.74.3-29.4%
Poland0.70.60.7N/A0.0%
Others5.23.73.92.9-17.7%
Total22.416.618.713.7-15.1%

Top Suppliers of Electric Lamp to Kuwait in 2022:

  1. Poland (undefinedM units)
  2. China (5.4M units)
  3. United Arab Emirates (3.9M units)

Electric Lamp Exports in Kuwait

In 2022, the amount of electric lamps exported from Kuwait was estimated at 30K units, surging by 14% compared with the year before. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, the exports hit record highs at 45K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electric lamp exports declined significantly to $70K in 2022. Overall, exports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. The exports peaked at $106K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Electric Lamp in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain16.212.713.321.09.0%
Saudi Arabia27.111.410.015.1-17.7%
Iran5.64.44.67.39.2%
United Arab EmiratesN/AN/A20.77.1-65.7%
Iraq0.60.20.91.329.4%
Belgium1.1N/A0.70.9-6.5%
MalawiN/AN/AN/A0.50%
ZimbabweN/AN/A12.4N/A0%
Egypt39.1N/AN/AN/A0%
PakistanN/A22.8N/AN/A0%
Others16.321.629.116.30.0%
Total10673.091.669.6-13.1%

Top Export Markets for Electric Lamp from Kuwait in 2022:

  1. Iraq (19.5K units)
  2. Bahrain (3.2K units)
  3. Iran (3.0K units)
  4. United Arab Emirates (1.4K units)
  5. Malawi (1.1K units)
  6. Saudi Arabia (0.2K units)
  7. Belgium (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric lamp 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 27401100 - Sealed beam lamp units
  • Prodcom 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
  • Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
  • Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)
  • Prodcom 27401300 - Filament lamps of a power . .200 W and for a voltage > .100 V including reflector lamps (excluding ultraviolet, infrared lamps, t ungsten halogen filament lamps and sealed beam lamp units)
  • Prodcom 27401460 - Filament lamps for motorcycles or other motor vehicles excluding sealed beam lamp units, tungsten halogen lamps
  • Prodcom 27401490 - Filament lamps n.e.c.
  • Prodcom 27401510 - Fluorescent hot cathode discharge lamps, with double ended cap (excluding ultraviolet lamps)
  • Prodcom 27401530 - Fluorescent hot cathode discharge lamps (excluding ultraviolet lamps, with double ended cap)
  • Prodcom 27401550 - Other discharge lamps (excluding ultraviolet lamps)
  • Prodcom 27401570 - Ultraviolet or infrared lamps, arc lamps
  • Prodcom 27403090 -

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
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