Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Kuwait - 2022

Contents:

1. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Kuwait (CIF) - 2022
2. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Kuwait (FOB) - 2022
3. Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Kuwait
4. Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Kuwait

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Kuwait (CIF) - 2022

In 2022, the average import price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $1.1 per unit, picking up by 28% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $1.2 per unit in 2013; however, from 2014 to 2022, 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 Saudi Arabia ($2.7 per unit), while the price for Poland ($0.6 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Kuwait (FOB) - 2022

The average export price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes stood at $1 per unit in 2022, remaining stable against the previous year. In general, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 50%. The export price peaked at $5 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Iran amounted to +18.9% per year.

Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Kuwait

In 2022, approx. 2.3M units of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes were imported into Kuwait; with a decrease of -46.1% on 2021. In general, imports recorded a dramatic downturn. The growth pace was the most rapid in 2021 when imports increased by 45% against the previous year. Over the period under review, imports of hit record highs at 6M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes shrank markedly to $2.6M in 2022. Over the period under review, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. Over the period under review, imports of attained the peak figure at $5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode to Kuwait in 2022:

1. China (1422.9K units)
2. India (316.0K units)
3. Poland (285.2K units)
4. Russia (136.9K units)
5. Estonia (52.3K units)
6. Hungary (9.3K units)
7. United Arab Emirates (0.2K units)

Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Kuwait

In 2022, shipments abroad of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes decreased by 0% to 36K units for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $37K in 2022. Overall, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode from Kuwait in 2022:

1. Qatar (36.0K units)

Source: IndexBox Market Intelligence Platform