Kuwait: Electric Sound Amplifier Market 2025

Electric Sound Amplifier Market Size in Kuwait

For the fifth year in a row, the Kuwaiti electric sound amplifier market recorded decline in sales value, which decreased by -14.9% to $X in 2022. In general, consumption, however, showed temperate growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Electric Sound Amplifier Exports

Exports from Kuwait

In 2022, shipments abroad of electric sound amplifier sets increased by 10% to X units for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013 when exports increased by 600%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electric sound amplifier exports expanded markedly to $X in 2022. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 474%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Egypt (X units) was the main destination for electric sound amplifier exports from Kuwait, with a 41% share of total exports. Moreover, electric sound amplifier exports to Egypt exceeded the volume sent to the second major destination, the UK (X units), twofold. The third position in this ranking was taken by Ghana (X units), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Egypt totaled +24.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+14.9% per year) and Ghana (0.0% per year).

In value terms, the largest markets for electric sound amplifier exported from Kuwait were the UK ($X), France ($X) and Belgium ($X), with a combined 87% share of total exports.

The UK, with a CAGR of +32.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electric sound amplifier export price stood at $X per unit in 2022, increasing by 2.1% against the previous year. Overall, the export price, however, saw a noticeable descent. The growth pace was the most rapid in 2017 an increase of 30%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Egypt ($X 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 the UK (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Sound Amplifier Imports

Imports into Kuwait

For the fifth year in a row, Kuwait recorded decline in supplies from abroad of electric sound amplifier sets, which decreased by -26.3% to X units in 2022. Over the period under review, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 290% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, electric sound amplifier imports totaled $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 105% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), the United Arab Emirates (X units) and Malaysia (X units) were the main suppliers of electric sound amplifier imports to Kuwait, together accounting for 76% of total imports. The Czech Republic, Germany, Mexico and Indonesia lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +68.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electric sound amplifier suppliers to Kuwait were Malaysia ($X), the United Arab Emirates ($X) and China ($X), together comprising 43% of total imports. Germany, Mexico, Indonesia and the Czech Republic lagged somewhat behind, together accounting for a further 20%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +34.3%, 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

In 2022, the average electric sound amplifier import price amounted to $X per unit, picking up by 42% against the previous year. In general, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 78%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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