Report Update Nov 1, 2024

Kuwait - Ink-Pads - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Ink-Pad Market 2024

Ink-Pad Market Size in Kuwait

In 2022, the Kuwaiti ink-pad market increased by 14% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate strong growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Ink-Pad Exports

Exports from Kuwait

In 2022, overseas shipments of ink-pads decreased by -0.1% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, saw a perceptible increase. The growth pace was the most rapid in 2015 with an increase of 54%. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, ink-pad exports dropped modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a notable increase. The growth pace was the most rapid in 2014 when exports increased by 154%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for ink-pad exports from Kuwait, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +2.1%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for ink-pads exports from Kuwait.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at +4.9%.

Export Prices by Country

The average ink-pad export price stood at $X per unit in 2022, which is down by -4.4% against the previous year. In general, the export price, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 80% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +991.0% per year.

Ink-Pad Imports

Imports into Kuwait

In 2022, purchases abroad of ink-pads increased by 33% to X units, rising for the second year in a row after two years of decline. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2014 when imports increased by 402% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ink-pad imports fell to $X in 2022. In general, imports saw prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 200%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest ink-pad supplier to Kuwait, accounting for a 33% share of total imports. Moreover, ink-pad imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The United Arab Emirates (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+21.4% per year) and the United Arab Emirates (+26.1% per year).

In value terms, the largest ink-pad suppliers to Kuwait were China ($X), the United States ($X) and Taiwan (Chinese) ($X), with a combined 44% share of total imports. Malaysia, Austria, the United Arab Emirates and Italy lagged somewhat behind, together comprising a further 23%.

The United Arab Emirates, with a CAGR of +27.9%, 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

The average ink-pad import price stood at $X per unit in 2022, shrinking by -29.5% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 72% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, 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 the United Arab Emirates (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ink-pads in the world?

South Africa remains the largest ink-pad consuming country worldwide, comprising approx. 86% of total volume. It was followed by the United States, with a 1.9% share of total consumption.

What are the largest producers of ink-pads in the world?

South Africa constituted the country with the largest volume of ink-pad production, accounting for 98% of total volume.

What are the leading suppliers of ink-pads to Kuwait?

In value terms, the largest ink-pad suppliers to Kuwait were Malaysia, Japan and the UK, with a combined 55% share of total imports. China, the United States, Taiwan Chinese), France, the United Arab Emirates, Italy, Thailand, Austria, South Korea and India lagged somewhat behind, together accounting for a further 34%.

What is the average export price for ink-pads in Kuwait?

In 2020, the average ink-pad export price amounted to $2.3 per unit, remaining stable against the previous year.

What is the average import price for ink-pads in Kuwait?

In 2021, the average ink-pad import price amounted to $1.7 per unit, picking up by 23% against the previous year.

This report provides an in-depth analysis of the ink-pad 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 32991650 - Ink-pads (excluding hand operated ink-rollers)

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