Report Update Jan 1, 2025

Kuwait - Electro-Cardiographs - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Ecg Market 2025

Ecg Market Size in Kuwait

The Kuwaiti ECG market dropped sharply to $X in 2021, which is down by -83.9% 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 abrupt decline. As a result, consumption attained the peak level of $X, and then shrank remarkably in the following year.

Ecg Exports

Exports from Kuwait

For the third consecutive year, Kuwait recorded growth in overseas shipments of electro-cardiographs, which increased by 50% to X units in 2021. Over the period under review, exports, however, continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2020 with an increase of 100%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, ECG exports surged to $X in 2021. In general, exports, however, recorded a sharp decline. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X units) and the Netherlands (X units) were the main destinations of ECG exports from Kuwait. Moreover, ECG exports in Bahrain exceeded the figures recorded by the second-largest exporter, the Netherlands, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of 0.0%).

In value terms, Bahrain ($X) remains the key foreign market for electro-cardiographs exports from Kuwait, comprising 25% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 2.6% share of total exports. It was followed by Germany, with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bahrain amounted to -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-39.0% per year) and Germany (-45.3% per year).

Export Prices by Country

In 2021, the average ECG export price amounted to $X per unit, rising by 349% against the previous year. In general, the export price continues to indicate a prominent expansion. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Ecg Imports

Imports into Kuwait

ECG imports into Kuwait fell sharply to X units in 2021, with a decrease of -84.7% on the previous year. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 213%. As a result, imports attained the peak of X units, and then dropped dramatically in the following year.

In value terms, ECG imports reduced dramatically to $X in 2021. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 136%. As a result, imports reached the peak of $X, and then fell sharply in the following year.

Imports by Country

India (X units), Germany (X units) and the United States (X units) were the main suppliers of ECG imports to Kuwait, together accounting for 42% of total imports. Spain, China, Hong Kong SAR, Mexico, Vietnam, the United Arab Emirates, South Korea and Costa Rica lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +28.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Germany ($X) and the United States ($X) were the largest ECG suppliers to Kuwait, together comprising 62% of total imports. Hong Kong SAR, China, Spain, Mexico, South Korea, Vietnam, the United Arab Emirates and Costa Rica lagged somewhat behind, together accounting for a further 22%.

Among the main suppliers, Hong Kong SAR, with a CAGR of +44.6%, saw 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 ECG import price stood at $X per unit in 2021, rising by 8.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 32%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.0%), 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 electro-cardiographs in the world?

Denmark constituted the country with the largest volume of ecg consumption, accounting for 98% of total volume.

What are the largest producers of electro-cardiographs in the world?

Denmark remains the largest ecg producing country worldwide, accounting for 97% of total volume.

What are the leading suppliers of electro-cardiographs to Kuwait?

In value terms, the United States, Mexico and Germany constituted the largest ecg suppliers to Kuwait, together accounting for 64% of total imports.

What is the average export price for electro-cardiographs in Kuwait?

In 2020, the average ecg export price amounted to $438 per unit, which is down by -89.2% against the previous year.

What is the average import price for electro-cardiographs in Kuwait?

The average ecg import price stood at $3,443 per unit in 2020, rising by 26% against the previous year.

This report provides an in-depth analysis of the ecg 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 26601230 - Electro-cardiographs

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024