Kuwait - Optical Fibers, Bundles and Cables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Optical Fiber, Bundle and Cable in Kuwait - 2021
Contents:
- Price for Optical Fiber, Bundle and Cable in Kuwait (CIF) - 2022
- Price for Optical Fiber, Bundle and Cable in Kuwait (FOB) - 2022
- Imports of Optical Fiber, Bundle and Cable in Kuwait
- Exports of Optical Fiber, Bundle and Cable in Kuwait
Price for Optical Fiber, Bundle and Cable in Kuwait (CIF) - 2022
In 2022, the average import price for optical fibers, bundles and cables amounted to $11,168 per ton, which is down by -10.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 52%. The import price peaked at $12,502 per ton in 2021, and then shrank 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 China ($40,423 per ton), while the price for Saudi Arabia ($4,508 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Optical Fiber, Bundle and Cable in Kuwait (FOB) - 2022
The average export price for optical fibers, bundles and cables stood at $19,684 per ton in 2022, increasing by 10% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, optical fiber, bundle and cable export price decreased by -9.8% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 70% against the previous year. Over the period under review, the average export prices reached the maximum at $21,812 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($59,109 per ton), while the average price for exports to Iraq ($800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Optical Fiber, Bundle and Cable in Kuwait
After two years of decline, supplies from abroad of optical fibers, bundles and cables increased by 25% to 838 tons in 2022. Over the period under review, imports, however, saw a dramatic curtailment.
In value terms, optical fiber, bundle and cable imports expanded sharply to $9.4M in 2022. In general, imports, however, recorded a precipitous descent.
Import of Optical Fiber, Bundle and Cable in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 5.4 | 3.0 | 1.5 | 2.1 | -27.0% |
Saudi Arabia | 4.7 | 1.6 | 0.6 | 1.8 | -27.4% |
China | 1.6 | 1.3 | 1.9 | 1.6 | 0.0% |
Oman | 0.7 | 0.8 | 0.7 | 1.0 | 12.6% |
Spain | 1.6 | 0.7 | 0.8 | 0.6 | -27.9% |
United States | 0.4 | 0.6 | 0.2 | 0.4 | 0.0% |
Turkey | 0.3 | N/A | 0.1 | 0.2 | -12.6% |
India | 1.6 | 0.4 | 0.4 | 0.2 | -50.0% |
Others | 5.3 | 2.0 | 2.3 | 1.4 | -35.8% |
Total | 21.6 | 10.3 | 8.4 | 9.4 | -24.2% |
Top Suppliers of Optical Fiber, Bundle and Cable to Kuwait in 2022:
- Saudi Arabia (399.4 tons)
- Spain (104.6 tons)
- Oman (99.6 tons)
- United Arab Emirates (75.4 tons)
- China (38.4 tons)
- United States (26.0 tons)
- Turkey (22.1 tons)
- India (11.1 tons)
Exports of Optical Fiber, Bundle and Cable in Kuwait
In 2022, optical fiber, bundle and cable exports from Kuwait fell rapidly to 1.9 tons, reducing by -21.3% against 2021. Over the period under review, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year.
In value terms, optical fiber, bundle and cable exports declined to $37K in 2022. In general, exports faced a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year.
Export of Optical Fiber, Bundle and Cable in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 144 | 22.7 | 34.3 | 24.8 | -44.4% |
Hong Kong SAR | N/A | N/A | N/A | 3.8 | 0% |
Qatar | 15.7 | 3.8 | 0.2 | 3.7 | -38.2% |
Iraq | 0.8 | 0.1 | 0.1 | N/A | -64.6% |
Netherlands | 5.6 | 0.1 | N/A | N/A | -98.2% |
Others | 41.0 | 4.2 | 7.5 | 4.1 | -53.6% |
Total | 207 | 30.9 | 42.1 | 36.5 | -43.9% |
Top Export Markets for Optical Fiber, Bundle and Cable from Kuwait in 2022:
- Saudi Arabia (1626.0 kg)
- Qatar (86.0 kg)
- Hong Kong SAR (64.0 kg)
- Iraq (55.0 kg)
- Netherlands (3.0 kg)
This report provides an in-depth analysis of the market for optical fiber, bundle and cable 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 27311100 - Optical fibre cables made up of individually sheathed fibres whether or not assembled with electric conductors or fitted with connectors
- Prodcom 27311200 - Optical fibres and optical fibre bundles, optical fibre cables (except those made up of individually sheathed fibres)
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
-
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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