Kuwait: Monitors And Projectors Market 2025

Monitors And Projectors Market Size in Kuwait

In 2022, the Kuwaiti monitors and projectors market increased by 14% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +86.5% against 2017 indices. Monitors and projectors consumption peaked in 2022 and is likely to see gradual growth in years to come.

Monitors And Projectors Exports

Exports from Kuwait

In 2022, shipments abroad of monitors and projectors decreased by -9.2% to X units, falling for the fourth consecutive year after two years of growth. In general, exports showed a deep downturn. The growth pace was the most rapid in 2014 with an increase of 438%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, monitors and projectors exports expanded rapidly to $X in 2022. Over the period under review, exports showed a noticeable downturn. The pace of growth appeared the most rapid in 2014 with an increase of 211% against the previous year. As a result, the exports reached 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 monitors and projectors exports from Kuwait, with a 96% share of total exports. It was followed by the United States (X units), with a 1.7% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at +33.3%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for monitors and projectors exports from Kuwait, comprising 73% of total exports. The second position in the ranking was taken by the United States ($X), with a 7.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +17.0%.

Export Prices by Country

The average monitors and projectors export price stood at $X per unit in 2022, surging by 24% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of 163% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained 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 the United States ($X per unit), while the average price for exports to the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+46.4%), while the prices for the other major destinations experienced mixed trend patterns.

Monitors And Projectors Imports

Imports into Kuwait

In 2022, supplies from abroad of monitors and projectors increased by 7.5% to X units, rising for the fifth consecutive year after two years of decline. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 67% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, monitors and projectors imports surged to $X in 2022. Overall, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 17%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Norway (X units), India (X units) and China (X units) were the main suppliers of monitors and projectors imports to Kuwait, with a combined 68% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of +61.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) constituted the largest supplier of monitors and projectors to Kuwait, comprising 28% of total imports. The second position in the ranking was held by South Korea ($X), with a 14% share of total imports. It was followed by India, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Norway stood at +34.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+30.5% per year) and India (+23.2% per year).

Import Prices by Country

The average monitors and projectors import price stood at $X per unit in 2022, picking up by 8.1% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monitors and projectors import price increased by +103.4% against 2015 indices. The growth pace was the most rapid in 2016 when the average import price increased by 28% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 the Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+43.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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