Rangefinders Price in Kuwait - 2021

Contents:

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

Rangefinders Price in Kuwait (CIF) - 2022

In 2022, the average rangefinders import price amounted to $59 per unit, with an increase of 9.6% against the previous year. Over the period under review, the import price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 40%. Over the period under review, average import prices reached the peak figure at $66 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bahrain ($121 per unit), while the price for Hungary ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Rangefinders Price in Kuwait (FOB) - 2022

The average rangefinders export price stood at $44 per unit in 2022, declining by -8.3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 45% against the previous year. As a result, the export price reached the peak level of $66 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($158 per unit), while the average price for exports to China ($8.9 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 Saudi Arabia (+1.1%), while the prices for the other major destinations experienced a decline.

Rangefinders Imports in Kuwait

In 2022, rangefinders imports into Kuwait dropped slightly to 175K units, stabilizing at 2021 figures. Overall, imports saw a deep contraction. Over the period under review, imports reached the peak figure at 333K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, rangefinders imports expanded sharply to $10M in 2022. In general, imports showed a abrupt setback. Over the period under review, imports hit record highs at $14M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Rangefinders to Kuwait in 2022:

1. United States (81.2K units)
2. United Kingdom (39.7K units)
3. Hungary (8.7K units)
4. Romania (5.8K units)
5. Russia (5.7K units)
6. United Arab Emirates (5.0K units)
7. France (5.0K units)
8. Taiwan (Chinese) (3.7K units)
9. China (3.5K units)
10. Bahrain (2.8K units)
11. Germany (0.2K units)

Rangefinders Exports in Kuwait

After three years of growth, shipments abroad of rangefinderses decreased by -4.3% to 13K units in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, the exports attained the peak of 13K units, and then contracted modestly in the following year.

In value terms, rangefinders exports reduced to $561K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 32%. The exports peaked at $639K in 2021, and then fell in the following year.

Top Export Markets for Rangefinders from Kuwait in 2022:

1. China (10.3K units)
2. Qatar (1.4K units)
3. United Arab Emirates (0.3K units)
4. Saudi Arabia (0.3K units)

Source: IndexBox Market Intelligence Platform