Report Update Nov 1, 2024

Kuwait - Electrical Capacitors - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Capacitor Market 2024

Capacitor Market Size in Kuwait

The Kuwaiti capacitor market declined markedly to $X in 2021, which is down by -59.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt contraction. Capacitor consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Capacitor Exports

Exports from Kuwait

In 2021, after five years of decline, there was significant growth in overseas shipments of electrical capacitors, when their volume increased by 180% to X tons. Overall, exports, however, recorded a abrupt curtailment. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, capacitor exports surged to $X in 2021. Over the period under review, exports, however, recorded a abrupt decrease. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Vietnam (X kg), the United Arab Emirates (X kg) and Qatar (X kg) were the main destinations of capacitor exports from Kuwait, with a combined 76% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +54.1%), while the other leaders experienced a decline.

In value terms, Vietnam ($X), the United Arab Emirates ($X) and Qatar ($X) were the largest markets for capacitor exported from Kuwait worldwide, together accounting for 58% of total exports.

Among the main countries of destination, Vietnam, with a CAGR of +26.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average capacitor export price amounted to $X per ton, increasing by 12% against the previous year. In general, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 55%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Qatar ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+85.0%), while the prices for the other major destinations experienced more modest paces of growth.

Capacitor Imports

Imports into Kuwait

In 2021, the amount of electrical capacitors imported into Kuwait declined significantly to X tons, with a decrease of -56.4% compared with 2020 figures. Over the period under review, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2016 when imports increased by 42% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, capacitor imports shrank dramatically to $X in 2021. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2019 when imports increased by 36%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The UK (X tons), Italy (X tons) and Pakistan (X tons) were the main suppliers of capacitor imports to Kuwait, together accounting for 46% of total imports. These countries were followed by China, South Korea, the United Arab Emirates, Romania, Saudi Arabia, Australia, India and France, which together accounted for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +49.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest capacitor suppliers to Kuwait were the UK ($X), Pakistan ($X) and Italy ($X), with a combined 47% share of total imports. South Korea, China, Saudi Arabia, Australia, Romania, the United Arab Emirates, India and France lagged somewhat behind, together accounting for a further 29%.

In terms of the main suppliers, Romania, with a CAGR of +29.3%, saw the highest rates of growth with regard to 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 2021, the average capacitor import price amounted to $X per ton, dropping by -8% against the previous year. Overall, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 10% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+17.8%), 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 electrical capacitors in the world?

The country with the largest volume of capacitor consumption was China, accounting for 24% of total volume. Moreover, capacitor consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fourfold. The third position in this ranking was occupied by the United States, with a 5.9% share.

What are the largest producers of electrical capacitors in the world?

The country with the largest volume of capacitor production was China, comprising approx. 44% of total volume. Moreover, capacitor production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. Indonesia ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of electrical capacitors to Kuwait?

In value terms, Italy, South Korea and China appeared to be the largest capacitor suppliers to Kuwait, together comprising 64% of total imports. The UK, India, Pakistan and Bulgaria lagged somewhat behind, together comprising a further 29%.

What is the average export price for electrical capacitors in Kuwait?

The average capacitor export price stood at $2,461 per ton in 2020, waning by -91.4% against the previous year.

What is the average import price for electrical capacitors in Kuwait?

In 2020, the average capacitor import price amounted to $11,859 per ton, growing by 2.5% against the previous year.

This report provides an in-depth analysis of the capacitor 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 27905100 - Fixed power capacitors with a power handling capacity of > 0,5 kvar
Prodcom 27905220 - Fixed electrical capacitors, tantalum or aluminium electrolytic (excluding power capacitors)
Prodcom 27905240 - Other fixed electrical capacitors n.e.c.
Prodcom 27905300 - Variable capacitors (including pre-sets)

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