Kuwait: Telephone Market 2025

Telephone Market Size in Kuwait

In 2022, the Kuwaiti telephone market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption posted a perceptible increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Telephone Production in Kuwait

In value terms, telephone production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a buoyant increase. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Telephone Exports

Exports from Kuwait

In 2022, exports of telephones and videophones from Kuwait surged to X units, growing by 146% compared with 2021. Over the period under review, exports recorded a mild expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 445% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, telephone exports skyrocketed to $X in 2022. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 688% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X units) was the main destination for telephone exports from Kuwait, accounting for a 41% share of total exports. Moreover, telephone exports to Hungary exceeded the volume sent to the second major destination, Qatar (X units), fourfold. The third position in this ranking was held by the UK (X units), with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hungary stood at +54.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+41.0% per year) and the UK (-17.6% per year).

In value terms, Hungary ($X) emerged as the key foreign market for telephones and videophones exports from Kuwait, comprising 47% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 4.9% share of total exports. It was followed by the UK, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value to Hungary amounted to +57.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+22.1% per year) and the UK (-13.2% per year).

Export Prices by Country

In 2022, the average telephone export price amounted to $X per unit, rising by 77% against the previous year. Overall, the export price enjoyed a prominent expansion. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Thailand ($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 Iran (+41.7%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Imports

Imports into Kuwait

In 2022, approx. X units of telephones and videophones were imported into Kuwait; with a decrease of -12.5% compared with the previous year. In general, imports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 361%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, telephone imports declined slightly to $X in 2022. Over the period under review, imports, however, enjoyed perceptible growth. The pace of growth was the most pronounced in 2016 when imports increased by 568% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), Hungary (X units) and China (X units) were the main suppliers of telephone imports to Kuwait, with a combined 36% 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 Hungary (with a CAGR of +114.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) constituted the largest supplier of telephones and videophones to Kuwait, comprising 22% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by Sweden, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value from Hungary amounted to +93.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.2% per year) and Sweden (+30.0% per year).

Import Prices by Country

In 2022, the average telephone import price amounted to $X per unit, with an increase of 13% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2017 an increase of 59% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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 United States ($X per unit), while the price for Hong Kong SAR ($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 (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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