Kuwait: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Kuwait

The Kuwaiti market for pens, stylos and similar stationery shrank modestly to $X in 2022, waning by X% 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). Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Exports of Pens, Stylos And Similar Stationery

Exports from Kuwait

In 2022, shipments abroad of pens, stylos and similar stationery decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X units in 2021, and then shrank sharply in the following year.

In value terms, pens, stylos and similar stationery exports stood at $X in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Qatar (X units) was the main destination for pens, stylos and similar stationery exports from Kuwait, with a X% share of total exports. Moreover, pens, stylos and similar stationery exports to Qatar exceeded the volume sent to the second major destination, the UK (X units), fivefold. Spain (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Spain (X% per year).

In value terms, the United Arab Emirates ($X), Qatar ($X) and Spain ($X) constituted the largest markets for pens, stylos and similar stationery exported from Kuwait worldwide, with a combined X% share of total exports.

Qatar, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for pens, stylos and similar stationery stood at less than $X per unit in 2022, rising by X% against the previous year. In general, the export price, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% 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 failed to regain momentum.

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 Arab Emirates ($X per unit), while the average price for exports to the UK (less than $X per unit) was amongst the lowest.

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

Imports of Pens, Stylos And Similar Stationery

Imports into Kuwait

In 2022, the amount of pens, stylos and similar stationery imported into Kuwait shrank to X units, reducing by X% compared with the previous year's figure. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, pens, stylos and similar stationery imports shrank to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

India (X units), China (X units) and the United Arab Emirates (X units) were the main suppliers of pens, stylos and similar stationery imports to Kuwait, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of pens, stylos and similar stationery to Kuwait, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by Switzerland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Switzerland (X% per year).

Import Prices by Country

In 2022, the average import price for pens, stylos and similar stationery amounted to $X per unit, reducing by X% against the previous year. Overall, the import price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Pakistan (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 China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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