Kuwait: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in Kuwait

The Kuwaiti market for reel fed letterpress printing machinery soared to $X in 2022, increasing by 27% against the previous year. In general, consumption posted a buoyant increase. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Reel Fed Letterpress Printing Machinery in Kuwait

In value terms, reel fed letterpress printing machinery production expanded to $X in 2022 estimated in export price. In general, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 23%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Reel Fed Letterpress Printing Machinery

Exports from Kuwait

In 2018, reel fed letterpress printing machinery exports from Kuwait stood at X units, flattening at the year before. Overall, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2015. The exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, reel fed letterpress printing machinery exports amounted to $X in 2018. In general, exports recorded prominent growth. The smallest decline of 99.9% was in 2015. The exports peaked in 2018 and are likely to see gradual growth in the near future.

Exports by Country

The United Arab Emirates (X units) was the main destination for reel fed letterpress printing machinery exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2014 to 2018, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2014 to 2018, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2018, the average export price for reel fed letterpress printing machinery amounted to $X per unit, remaining relatively unchanged against the previous year. Overall, the export price showed strong growth. The most prominent rate of growth was recorded in 2015 a decrease of 99.9%. Over the period under review, the average export prices reached the peak figure in 2018 and is expected to retain growth in the near future.

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

From 2014 to 2018, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Reel Fed Letterpress Printing Machinery

Imports into Kuwait

In 2022, reel fed letterpress printing machinery imports into Kuwait skyrocketed to X units, picking up by 27% against the previous year's figure. In general, imports showed a pronounced increase. The most prominent rate of growth was recorded in 2013 with an increase of 340% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, reel fed letterpress printing machinery imports soared to $X in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 2,293%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Indonesia (X units) constituted the largest supplier of reel fed letterpress printing machinery to Kuwait, accounting for a 36% share of total imports. Moreover, reel fed letterpress printing machinery imports from Indonesia exceeded the figures recorded by the second-largest supplier, India (X units), fivefold. Japan (X units) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia amounted to +17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (0.0% per year) and Japan (0.0% per year).

In value terms, Taiwan (Chinese) ($X), South Korea ($X) and China ($X) appeared to be the largest reel fed letterpress printing machinery suppliers to Kuwait, together accounting for 60% of total imports. Turkey, Indonesia, Germany, India, the United States, Japan and Italy lagged somewhat behind, together accounting for a further 40%.

Turkey, with a CAGR of +65.4%, 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

In 2022, the average import price for reel fed letterpress printing machinery amounted to $X per unit, picking up by 49% against the previous year. In general, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 444%. Over the period under review, average import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Taiwan (Chinese) ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+65.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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