Kuwait: Photographic Film Market 2024

Photographic Film Market Size in Kuwait

In 2021, the Kuwaiti photographic film market decreased by -24% to $X, falling for the second year in a row after two years of growth. In general, consumption faced a abrupt descent. Photographic film consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Photographic Film Exports

Exports from Kuwait

In 2021, photographic film exports from Kuwait skyrocketed to X square meters, increasing by 18% compared with the year before. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 674% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, photographic film exports declined rapidly to $X in 2021. Overall, exports posted a temperate increase. The growth pace was the most rapid in 2013 with an increase of 510%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X square meters) was the main destination for photographic film exports from Kuwait, with a 68% share of total exports. Moreover, photographic film exports to Bahrain exceeded the volume sent to the second major destination, Jordan (X square meters), fivefold. The third position in this ranking was taken by Saudi Arabia (X square meters), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bahrain totaled +102.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+46.4% per year) and Saudi Arabia (+28.0% per year).

In value terms, Bahrain ($X) remains the key foreign market for photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed exports from Kuwait, comprising 65% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 17% share of total exports. It was followed by Jordan, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Bahrain stood at +42.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-10.1% per year) and Jordan (+15.7% per year).

Export Prices by Country

The average photographic film export price stood at $X per square meter in 2021, declining by -45.9% against the previous year. In general, the export price faced a significant contraction. The most prominent rate of growth was recorded in 2016 an increase of 40% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per square meter), while the average price for exports to Saudi Arabia (less than $X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+125.9%), while the prices for the other major destinations experienced mixed trend patterns.

Photographic Film Imports

Imports into Kuwait

In 2021, overseas purchases of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed decreased by -10.3% to X square meters, falling for the second consecutive year after two years of growth. Overall, imports faced a deep reduction. The pace of growth was the most pronounced in 2019 when imports increased by 25% against the previous year. Over the period under review, imports attained the maximum at X square meters in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, photographic film imports dropped significantly to $X in 2021. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 14%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X square meters) constituted the largest photographic film supplier to Kuwait, with a 43% share of total imports. Moreover, photographic film imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X square meters), fourfold. The third position in this ranking was held by Thailand (X square meters), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-14.2% per year) and Thailand (+24.2% per year).

In value terms, China ($X) constituted the largest supplier of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed to Kuwait, comprising 24% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 9.6% share of total imports. It was followed by the United Arab Emirates, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from China stood at -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-17.5% per year) and the United Arab Emirates (-5.1% per year).

Import Prices by Country

In 2021, the average photographic film import price amounted to $X per square meter, declining by -11.2% against the previous year. In general, the import price showed a noticeable downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2016 to 2021, the average 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 Belgium ($X per square meter), while the price for Thailand ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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