Report Update Nov 1, 2024

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

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Kuwait: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Kuwait

In 2021, the Kuwaiti electric filament lamp market increased by 16% to $X for the first time since 2016, thus ending a four-year declining trend. In general, consumption, however, continues to indicate a noticeable decline. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Electric Filament Lamp Exports

Exports from Kuwait

For the third year in a row, Kuwait recorded decline in overseas shipments of electric filament lamps, which decreased by -73% to X units in 2021. Over the period under review, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 29%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, electric filament lamp exports reduced dramatically to $X in 2021. Overall, exports faced a significant decline. The growth pace was the most rapid in 2017 with an increase of 42% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Uganda (X units), Botswana (X units) and Iran (X units) were the main destinations of electric filament lamp exports from Kuwait.

From 2012 to 2020, the biggest increases were recorded for Iran (with a CAGR of +83.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X) remains the key foreign market for electric filament lamps exports from Kuwait, comprising 201% of total exports. The second position in the ranking was taken by Uganda ($X), with a 25% share of total exports. It was followed by Qatar, with an 18% share.

From 2012 to 2020, the average annual growth rate of value to Iran stood at +123.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (0.0% per year) and Qatar (+18.4% per year).

Export Prices by Country

In 2020, the average electric filament lamp export price amounted to $X per unit, rising by 91% against the previous year. Over the period under review, the export price continues to indicate mild growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Botswana (less than $X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+122.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Filament Lamp Imports

Imports into Kuwait

After four years of decline, overseas purchases of electric filament lamps increased by 22% to X units in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 206% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, electric filament lamp imports reached $X in 2021. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when imports increased by 45%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2020, China (X units) constituted the largest supplier of electric filament lamp to Kuwait, accounting for a 17% share of total imports. Moreover, electric filament lamp imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), threefold. Greece (X units) ranked third in terms of total imports with a 1% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from China stood at +13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+9.2% per year) and Greece (+132.2% per year).

In value terms, China ($X), Indonesia ($X) and Greece ($X) were the largest electric filament lamp suppliers to Kuwait, together accounting for 78% of total imports.

Greece, with a CAGR of +20.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average electric filament lamp import price amounted to $X per unit, growing by 44% against the previous year. Over the period under review, the import price, however, recorded a deep slump. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Saudi Arabia ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+134.6%), 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 electric filament lamps in the world?

The countries with the highest volumes of electric filament lamp consumption in 2020 were China, the U.S. and Russia, together comprising 37% of global consumption.

What are the largest producers of electric filament lamps in the world?

The country with the largest volume of electric filament lamp production was China, comprising approx. 46% of total volume. Moreover, electric filament lamp production in China exceeded the figures recorded by the second-largest producer, Russia, sixfold. India ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of electric filament lamps to Kuwait?

In value terms, the largest electric filament lamp suppliers to Kuwait were China, Indonesia and Taiwan Chinese), together comprising 52% of total imports.

What are the leading importers of electric filament lamps from Kuwait?

In value terms, Bahrain remains the key foreign market for electric filament lamp exports from Kuwait, comprising 18% of total exports. The second position in the ranking was occupied by Qatar, with a 2.4% share of total exports. It was followed by the United Arab Emirates, with a 2.2% share.

What is the average export price for electric filament lamps in Kuwait?

The average electric filament lamp export price stood at $2.5 per unit in 2020, increasing by 18% against the previous year.

What is the average import price for electric filament lamps in Kuwait?

In 2020, the average electric filament lamp import price amounted to $1 per unit, picking up by 32% against the previous year.

This report provides an in-depth analysis of the electric filament 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 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.

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