Report Update Nov 1, 2024

Kuwait - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kuwait: Vaccine Market 2024

Vaccine Market Size in Kuwait

After two years of growth, the Kuwaiti vaccine market decreased by -40.8% to $X in 2022. Overall, consumption, however, saw significant growth. As a result, consumption reached the peak level of $X, and then contracted dramatically in the following year.

Vaccine Exports

Exports from Kuwait

In 2022, after three years of growth, there was significant decline in shipments abroad of vaccines for human medicine, when their volume decreased by -41% to X kg. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 320%. The exports peaked at X kg in 2021, and then fell significantly in the following year.

In value terms, vaccine exports plummeted to $X in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of 284% against the previous year. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Qatar (X kg) was the main destination for vaccine exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar totaled +81.1%.

In value terms, Qatar ($X) also remains the key foreign market for vaccines for human medicine exports from Kuwait.

From 2012 to 2022, the average annual growth rate of value to Qatar amounted to +64.9%.

Export Prices by Country

The average vaccine export price stood at $X per ton in 2022, with an increase of 10% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vaccine export price increased by +21.6% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 51% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to -9.0% per year.

Vaccine Imports

Imports into Kuwait

In 2022, after two years of growth, there was significant decline in supplies from abroad of vaccines for human medicine, when their volume decreased by -37% to X tons. In general, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 245%. As a result, imports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, vaccine imports dropped dramatically to $X in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 584% against the previous year. As a result, imports attained the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of vaccine to Kuwait, accounting for a 49% share of total imports. Moreover, vaccine imports from Belgium exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+108.8% per year) and the United Arab Emirates (+135.9% per year).

In value terms, Belgium ($X) constituted the largest supplier of vaccines for human medicine to Kuwait, comprising 40% of total imports. The second position in the ranking was held by the United States ($X), with a 10% share of total imports. It was followed by Ireland, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value from Belgium amounted to +34.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+102.0% per year) and Ireland (+48.3% per year).

Import Prices by Country

In 2022, the average vaccine import price amounted to $X per ton, dropping by -9% against the previous year. Overall, the import price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 98%. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

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 Saudi Arabia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vaccines for human medicine in the world?

The countries with the highest volumes of in 2021 were Pakistan, Japan and the Philippines, together accounting for 32% of global consumption. The United States, Indonesia, Spain, China, France, Greece, Brazil, the Netherlands, Turkey and the UK lagged somewhat behind, together comprising a further 35%.

What are the largest producers of vaccines for human medicine in the world?

The countries with the highest volumes of in 2021 were the United States, Belgium and France, with a combined 56% share of global production. These countries were followed by Germany, China, Japan and India, which together accounted for a further 32%.

What are the leading suppliers of vaccines for human medicine to Kuwait?

In value terms, Belgium constituted the largest supplier of vaccines to Kuwait, comprising 67% of total imports. The second position in the ranking was occupied by the United States, with a 12% share of total imports. It was followed by Ireland, with a 9.7% share.

What are the leading importers of vaccines for human medicine from Kuwait?

In value terms, Oman remains the key foreign market for vaccines exports from Kuwait, comprising 99% of total exports. The second position in the ranking was occupied by the United Arab Emirates $812), with a 0.7% share of total exports.

What is the average export price for vaccines for human medicine in Kuwait?

In 2021, the average vaccines export price amounted to $103,103 per ton, picking up by 43% against the previous year.

What is the average import price for vaccines for human medicine in Kuwait?

In 2021, the average vaccines import price amounted to $353,135 per ton, dropping by -33.1% against the previous year.

This report provides an in-depth analysis of the vaccine 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 21202140 -
Prodcom 21202145 - Vaccines for human medicine

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023