Lamps; Arc-Lamps Price in Kuwait - 2021

Lamps; Arc-Lamps Price in Kuwait (CIF) - 2022

The average lamps; arc-lamps import price stood at $18 per unit in 2022, rising by 62% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by 127% against the previous year. As a result, import price reached the peak level of $159 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($113 per unit), while the price for Germany ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.9%), while the prices for the other major suppliers experienced a decline.

Lamps; Arc-Lamps Price in Kuwait (FOB) - 2022

The average lamps; arc-lamps export price stood at $180 per unit in 2022, rising by 17% against the previous year. Overall, the export price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2014 an increase of 67% against the previous year. Over the period under review, the average export prices hit record highs at $203 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($219 per unit), while the average price for exports to Germany amounted to $141 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+3.9%).

Lamps; Arc-Lamps Imports in Kuwait

In 2022, the amount of lamps; arc-lampses imported into Kuwait reduced notably to 11K units, dropping by -42.9% on 2021. Over the period under review, imports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 66%. Imports peaked at 27K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, lamps; arc-lamps imports shrank to $197K in 2022. In general, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, imports attained the peak figure at $424K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Lamps; Arc-Lamps in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	156	24.2	7.1	48.9	-32.1%
United States	21.5	32.0	33.5	33.2	15.6%
Canada	31.7	17.3	8.6	32.1	0.4%
Germany	111	25.2	49.3	9.5	-55.9%
China	8.1	1.7	14.4	8.5	1.6%
Netherlands	6.5	8.0	9.6	6.1	-2.1%
Taiwan (Chinese)	2.8	3.7	4.7	3.1	3.5%
Pakistan	0.4	N/A	N/A	N/A	0%
Others	85.1	69.3	85.3	55.7	-13.2%
Total	424	181	213	197	-22.5%

Top Suppliers of Lamps; Arc-Lamps to Kuwait in 2022:

Germany (3.5K units)
China (2.3K units)
United Arab Emirates (1.6K units)
Taiwan (Chinese) (0.8K units)
United States (0.7K units)
Canada (0.3K units)
Netherlands (0.2K units)

Lamps; Arc-Lamps Exports in Kuwait

For the third year in a row, Kuwait recorded decline in overseas shipments of lamps; arc-lampses, which decreased by 0% to 2 units in 2022. In general, exports showed a sharp downturn. The smallest decline of -25% was in 2020. Over the period under review, the exports reached the maximum at 4 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, lamps; arc-lamps exports soared to $360 in 2022. Overall, exports showed a abrupt shrinkage. The exports peaked at $480 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.