Kuwait - Electric Burglar or Fire Alarms and Similar Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKuwait: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2025
Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in Kuwait
In 2021, the Kuwaiti market for electric burglar or fire alarms and similar apparatus decreased by -21.9% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.
Exports of Electric Burglar Or Fire Alarms And Similar Apparatus
Exports from Kuwait
In 2021, overseas shipments of electric burglar or fire alarms and similar apparatus decreased by 0% to X units, falling for the second year in a row after two years of growth. In general, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 7,458%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.
In value terms, electric burglar or fire alarm exports soared to $X in 2021. Over the period under review, exports showed a deep setback. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Hong Kong SAR (X units) was the main destination for electric burglar or fire alarm exports from Kuwait, with a approx. 50% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR was relatively modest.
In value terms, Hong Kong SAR ($X) remains the key foreign market for electric burglar or fire alarms and similar apparatus exports from Kuwait, comprising 41% of total exports. The second position in the ranking was held by Qatar ($X), with a 0.1% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR stood at +11.1%.
Export Prices by Country
In 2021, the average export price for electric burglar or fire alarms and similar apparatus amounted to $X per unit, picking up by 155% against the previous year. In general, the export price showed significant growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 19,873%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Qatar totaled $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+20.5%).
Imports of Electric Burglar Or Fire Alarms And Similar Apparatus
Imports into Kuwait
Electric burglar or fire alarm imports into Kuwait dropped remarkably to X units in 2021, with a decrease of -40.3% on 2020 figures. Overall, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2013 when imports increased by 111% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, electric burglar or fire alarm imports contracted to $X in 2021. In general, imports showed a deep slump. The growth pace was the most rapid in 2017 with an increase of 85%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, the UK (X units) constituted the largest supplier of electric burglar or fire alarm to Kuwait, accounting for a 23% share of total imports. Moreover, electric burglar or fire alarm imports from the UK exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by Mexico (X units), with a 6.8% share.
From 2012 to 2021, the average annual growth rate of volume from the UK stood at -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.0% per year) and Mexico (+11.9% per year).
In value terms, the largest electric burglar or fire alarm suppliers to Kuwait were the UK ($X), the United States ($X) and Mexico ($X), with a combined 39% share of total imports. These countries were followed by Romania, the Netherlands, Canada, the United Arab Emirates, Germany, Japan, Malta, South Korea, China and Hong Kong SAR, which together accounted for a further 28%.
Among the main suppliers, South Korea, with a CAGR of +57.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for electric burglar or fire alarms and similar apparatus stood at $X per unit in 2021, picking up by 55% against the previous year. In general, the import price, however, continues to indicate a noticeable setback. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China ($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 States (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for electric burglar or fire alarm 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 26305020 - Electrical burglar or fire alarms and similar apparatus (excluding of a kind used for motor vehicles or buildings)
- Prodcom 26305080 - Electric burglar or fire alarms and similar apparatus for buildings
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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