Kuwait: Video Projector Market 2024

Video Projector Market Size in Kuwait

The Kuwaiti video projector market was estimated at $X in 2023, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate measured growth. Video projector consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Video Projector Exports

Exports from Kuwait

Video projector exports from Kuwait contracted remarkably to X units in 2023, which is down by X% compared with the year before. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2022, and then reduced sharply in the following year.

In value terms, video projector exports reduced notably to $X in 2023. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units), Belgium (X units) and India (X units) were the main destinations of video projector exports from Kuwait, together accounting for X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the United Arab Emirates ($X) and India ($X) appeared to be the largest markets for video projector exported from Kuwait worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average video projector export price stood at $X per unit in 2023, rising by X% against the previous year. In general, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced mixed trend patterns.

Video Projector Imports

Imports into Kuwait

After two years of growth, supplies from abroad of video projectors decreased by X% to X units in 2023. Overall, imports, however, continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, video projector imports declined slightly to $X in 2023. Over the period under review, imports, however, continue to indicate a slight increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, China (X units) constituted the largest video projector supplier to Kuwait, accounting for a X% share of total imports. Moreover, video projector imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), threefold. The third position in this ranking was held by the United Arab Emirates (X units), with an X% share.

From 2012 to 2023, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest video projector suppliers to Kuwait were China ($X), Canada ($X) and the Philippines ($X), together accounting for X% of total imports.

Canada, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average video projector import price stood at $X per unit in 2023, declining by X% against the previous year. In general, the import price recorded a mild decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform