Report Update Nov 1, 2024

Kuwait - Electrical Insulators of Ceramics - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Ceramic Electrical Insulator Market 2024

Ceramic Electrical Insulator Market Size in Kuwait

The Kuwaiti ceramic electrical insulator market surged to $X in 2022, with an increase of 43% 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 continues to indicate a resilient expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Ceramic Electrical Insulator Exports

Exports from Kuwait

After ten years of growth, shipments abroad of electrical insulators of ceramics decreased by -23.8% to X units in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 110% against the previous year. As a result, the exports attained the peak of X units, and then reduced markedly in the following year.

In value terms, ceramic electrical insulator exports declined rapidly to $X in 2022. In general, exports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2013 when exports increased by 530%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X units) was the main destination for ceramic electrical insulator exports from Kuwait, accounting for a 1,088% share of total exports. It was followed by Qatar (X units), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled -5.8%.

In value terms, Sweden ($X) and Qatar ($X) constituted the largest markets for ceramic electrical insulator exported from Kuwait worldwide.

Among the main countries of destination, Sweden, with a CAGR of +4.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average ceramic electrical insulator export price amounted to $X per unit, remaining stable against the previous year. Over the period under review, the export price recorded a pronounced decline. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood 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 Qatar ($X per unit), while the average price for exports to Sweden stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Electrical Insulator Imports

Imports into Kuwait

Ceramic electrical insulator imports into Kuwait soared to X units in 2022, rising by 42% on the previous year's figure. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 776%. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, ceramic electrical insulator imports skyrocketed to $X in 2022. Over the period under review, imports posted a modest expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 203% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) was the main ceramic electrical insulator supplier to Kuwait, accounting for a 310% share of total imports. It was followed by China (X units), with a 6.1% share of total imports. The third position in this ranking was taken by India (X units), with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+37.7% per year) and India (+5.6% per year).

In value terms, Germany ($X) constituted the largest supplier of electrical insulators of ceramics to Kuwait, comprising 101% of total imports. The second position in the ranking was taken by China ($X), with a 1.8% share of total imports. It was followed by Japan, with a 1.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+30.8% per year) and Japan (-25.3% per year).

Import Prices by Country

In 2022, the average ceramic electrical insulator import price amounted to $X per unit, surging by 22% against the previous year. In general, the import price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2017 an increase of 501% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulators of ceramics in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together accounting for 55% of global consumption. Japan, Russia, Pakistan, Germany, Brazil, Bangladesh and Turkey lagged somewhat behind, together comprising a further 17%.

What are the largest producers of electrical insulators of ceramics in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 75% of global production.

What are the leading suppliers of electrical insulators of ceramics to Kuwait?

In value terms, Germany, Japan and China were the largest ceramic electrical insulator suppliers to Kuwait, with a combined 93% share of total imports.

What are the leading importers of electrical insulators of ceramics from Kuwait?

In value terms, Sweden $651) remains the key foreign market for ceramic electrical insulator exports from Kuwait.

What is the average export price for electrical insulators of ceramics in Kuwait?

The average ceramic electrical insulator export price stood at $6.9 per unit in 2021, falling by -9.7% against the previous year.

What is the average import price for electrical insulators of ceramics in Kuwait?

The average ceramic electrical insulator import price stood at $7.2 per unit in 2021, growing by 1.8% against the previous year.

This report provides an in-depth analysis of the ceramic electrical insulator 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 23431030 - Electrical insulators of ceramics (excluding insulating fittings)

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