Kuwait: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Kuwait

In 2021, the Kuwaiti medicaments of other antibiotics market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Exports of Medicaments Of Other Antibiotics

Exports from Kuwait

In 2021, approx. X tons of medicaments of other antibiotics were exported from Kuwait; increasing by X% against 2020 figures. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, medicaments of other antibiotics exports rose remarkably to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for medicaments of other antibiotics exports from Kuwait, with a X% share of total exports. Moreover, medicaments of other antibiotics exports to the United Arab Emirates exceeded the volume sent to the second major destination, Ethiopia (X tons), more than tenfold. The third position in this ranking was taken by Oman (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (+X% per year) and Oman (+X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for medicaments of other antibiotics exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Ethiopia ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (+X% per year) and Bahrain (+X% per year).

Export Prices by Country

In 2021, the average medicaments of other antibiotics export price amounted to $X per ton, shrinking by -X% against the previous year. Overall, the export price saw a deep reduction. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Oman ($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 Ethiopia (-X%), while the prices for the other major destinations experienced a decline.

Imports of Medicaments Of Other Antibiotics

Imports into Kuwait

Medicaments of other antibiotics imports into Kuwait soared to X tons in 2021, with an increase of X% against 2020. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, medicaments of other antibiotics imports rose sharply to $X in 2021. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) were the main suppliers of medicaments of other antibiotics imports to Kuwait, with a combined X% share of total imports. Jordan, Ireland, Spain, Canada, the United States, France, Denmark, Bulgaria, Australia and Belgium lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Bulgaria (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments of other antibiotics suppliers to Kuwait were the United Arab Emirates ($X), Ireland ($X) and the United States ($X), with a combined X% share of total imports. These countries were followed by the Netherlands, Canada, Saudi Arabia, Jordan, Denmark, France, Belgium, Spain, Bulgaria and Australia, which together accounted for a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among 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 medicaments of other antibiotics import price stood at $X per ton in 2021, falling by -X% against the previous year. Overall, the import price continues to indicate a slight decrease. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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