
Kuwait - Semiconductor Devices - Market Analysis, Forecast, Size, Trends and Insights
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Semiconductor Device Market Size in Kuwait
For the third year in a row, the Kuwaiti semiconductor device market recorded decline in sales value, which decreased by -12.5% to $X in 2021. Overall, consumption enjoyed a buoyant increase. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.
Semiconductor Device Exports
Exports from Kuwait
In 2021, approx. X units of semiconductor devices were exported from Kuwait; remaining stable against the year before. Overall, exports showed a dramatic decline. The smallest decline of -31.4% was in 2016. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
In value terms, semiconductor device exports amounted to $X in 2021. Over the period under review, exports saw a abrupt decline. The smallest decline of -49% was in 2016. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
Exports by Country
Bahrain (X units) was the main destination for semiconductor device exports from Kuwait, accounting for a approx. 100% share of total exports.
From 2013 to 2021, the average annual growth rate of volume to Bahrain stood at -47.5%.
From 2013 to 2021, the average annual rate of growth in terms of value to Bahrain stood at -42.8%.
Export Prices by Country
The average semiconductor device export price stood at $X per unit in 2021, stabilizing at the previous year. Overall, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average export price decreased by -25.6% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2013 to 2021, the rate of growth in terms of prices for Bahrain amounted to +9.0% per year.
Semiconductor Device Imports
Imports into Kuwait
In 2021, purchases abroad of semiconductor devices was finally on the rise to reach X units after two years of decline. Overall, imports continue to indicate tangible growth. The most prominent rate of growth was recorded in 2018 when imports increased by 128%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, semiconductor device imports reduced dramatically to $X in 2021. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 328% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, South Korea (X units) was the main semiconductor device supplier to Kuwait, accounting for a approx. 97% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea totaled +3.3%.
In value terms, South Korea ($X) constituted the largest supplier of semiconductor devices to Kuwait.
From 2012 to 2021, the average annual growth rate of value from South Korea amounted to +40.1%.
Import Prices by Country
In 2021, the average semiconductor device import price amounted to $X per unit, dropping by -28.4% against the previous year. Overall, the import price, however, showed significant growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 88%. Over the period under review, average import prices reached the peak figure at $X per unit in 2020, and then shrank sharply in the following year.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to +35.6% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the semiconductor device market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26112260 - Semiconductor devices (excluding photosensitive semiconductor devices, photovoltaic cells, thyristors, diacs and triacs, transistors, diodes, and light-emitting diodes)
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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