Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Kuwait - 2022
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Kuwait (CIF) - 2022
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Kuwait
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Kuwait (CIF) - 2022
In 2022, the average import price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $58,325 per ton, falling by -33.8% against the previous year. In general, the import price recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of 26% against the previous year. The import price peaked at $107,204 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($257,530 per ton), while the price for Slovakia ($56,855 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Dominica (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Kuwait
In 2022, the amount of pharmaceutical goods; appliances identifiable for ostomy uses imported into Kuwait surged to 19 tons, growing by 59% compared with 2021 figures. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses rose sharply to $1.1M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 619 | 364 | 470 | 689 | 3.6% |
| Austria | N/A | N/A | N/A | 193 | 0% |
| Slovakia | 140 | 97.1 | 39.4 | 108 | -8.3% |
| United States | N/A | 5.7 | 138 | 67.3 | 243.6% |
| Hungary | 63.6 | 0.3 | 102 | 1.5 | -71.3% |
| Dominica | N/A | 49.0 | 185 | N/A | 277.6% |
| Others | 73.3 | 103 | 133 | 64.8 | -4.0% |
| Total | 896 | 619 | 1,068 | 1,124 | 7.8% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Kuwait in 2022:
- Dominican Republic (12.1 tons)
- Austria (3.4 tons)
- Slovakia (1.9 tons)
- United States (1.2 tons)
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