Kuwait - Non-Household Ventilation Fans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Household Fan Price in Kuwait - 2021
Contents:
- Non-Household Fan Price in Kuwait (CIF) - 2022
- Non-Household Fan Price in Kuwait (FOB) - 2022
- Non-Household Fan Imports in Kuwait
- Non-Household Fan Exports in Kuwait
Non-Household Fan Price in Kuwait (CIF) - 2022
The average non-household fan import price stood at $79 per unit in 2022, almost unchanged from the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-household fan import price increased by +103.9% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 44%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($301 per unit), while the price for Pakistan ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Household Fan Price in Kuwait (FOB) - 2022
The average non-household fan export price stood at $323 per unit in 2022, with a decrease of -21.4% against the previous year. Overall, the export price, however, showed a slight increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 232%. As a result, the export price attained the peak level of $411 per unit, and then dropped remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,461 per unit), while the average price for exports to Sudan ($67 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Household Fan Imports in Kuwait
In 2022, after three years of growth, there was significant decline in purchases abroad of non-household ventilation fans, when their volume decreased by -11% to 444K units. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +42.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 32%. Imports peaked at 498K units in 2021, and then contracted in the following year.
In value terms, non-household fan imports fell to $35M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.6% 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 +66.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 49%. Imports peaked at $39M in 2021, and then dropped in the following year.
Import of Non-Household Fan in Kuwait (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.9 | 4.9 | 7.7 | 6.8 | 32.9% |
Germany | 2.7 | 4.6 | 2.0 | 4.3 | 16.8% |
Turkey | 1.3 | 1.7 | 1.7 | 2.9 | 30.7% |
United Arab Emirates | 1.4 | 1.6 | 1.9 | 2.5 | 21.3% |
United Kingdom | 2.2 | 6.6 | 3.6 | 1.7 | -8.2% |
Spain | 1.0 | 2.2 | 2.4 | 1.7 | 19.3% |
United States | 2.9 | 0.6 | 0.5 | 1.5 | -19.7% |
Italy | 1.6 | 3.5 | 2.1 | 1.4 | -4.4% |
Saudi Arabia | 2.1 | 2.0 | 0.1 | 1.3 | -14.8% |
India | 0.2 | 0.8 | 0.6 | 0.4 | 26.0% |
Pakistan | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Thailand | 0.4 | 0.6 | 0.3 | N/A | -13.4% |
Others | 2.2 | 1.9 | 15.9 | 10.5 | 68.4% |
Total | 21.1 | 31.3 | 38.9 | 35.1 | 18.5% |
Top Suppliers of Non-Household Fan to Kuwait in 2022:
- China (158.7K units)
- Germany (62.7K units)
- United Arab Emirates (16.4K units)
- Spain (15.2K units)
- Saudi Arabia (14.1K units)
- Pakistan (13.5K units)
- India (10.9K units)
- Turkey (9.5K units)
- United Kingdom (7.0K units)
- United States (5.8K units)
- Italy (5.7K units)
- Thailand (0.5K units)
Non-Household Fan Exports in Kuwait
In 2022, approx. 288 units of non-household ventilation fans were exported from Kuwait; waning by -29.2% against the previous year's figure. In general, exports saw a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 168%. The exports peaked at 611 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-household fan exports reduced sharply to $93K in 2022. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 789%. As a result, the exports reached the peak of $167K, and then fell rapidly in the following year.
Export of Non-Household Fan in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 39.4 | 0.2 | 7.3 | 11.3 | -34.1% |
United States | 0.3 | 1.1 | 10.8 | 11.3 | 235.2% |
Germany | 11.4 | 2.6 | 14.4 | 10.2 | -3.6% |
South Korea | 0.5 | 0.3 | 15.5 | 10.1 | 172.3% |
Yemen | 15.0 | 2.9 | 13.5 | 7.9 | -19.2% |
France | 6.2 | 1.6 | 9.9 | 7.7 | 7.5% |
Pakistan | 6.8 | 2.0 | 10.5 | 6.9 | 0.5% |
Jordan | 2.1 | 0.5 | 3.4 | 2.6 | 7.4% |
Hong Kong SAR | 4.8 | 0.5 | 3.1 | 2.0 | -25.3% |
India | 0.2 | 0.1 | 1.5 | 1.7 | 104.1% |
Sudan | 1.3 | 0.4 | 2.2 | 1.4 | 2.5% |
Netherlands | 0.5 | 0.1 | 0.2 | 0.7 | 11.9% |
Nepal | 0.1 | N/A | 0.7 | 0.5 | 71.0% |
Others | 51.2 | 6.5 | 74.4 | 18.6 | -28.6% |
Total | 140 | 18.8 | 167 | 93.1 | -12.7% |
Top Export Markets for Non-Household Fan from Kuwait in 2022:
- Saudi Arabia (38.0 units)
- South Korea (37.0 units)
- France (34.0 units)
- Jordan (32.0 units)
- Pakistan (25.0 units)
- Sudan (21.0 units)
- India (14.0 units)
- Hong Kong SAR (12.0 units)
- United States (10.0 units)
- Netherlands (7.0 units)
- Germany (7.0 units)
- Nepal (6.0 units)
- Yemen (6.0 units)
This report provides an in-depth analysis of the non-household fan 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 28252030 - Axial fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output . .125 W)
- Prodcom 28252050 - Centrifugal fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output. .125 W)
- Prodcom 28252070 - Fans (excluding table, floor, wall, ceiling or roof fans with a self-contained electric motor of an output . .125 W, axial fans, c entrifugal fans)
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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