Kuwait - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCircuit Breaker Price in Kuwait - 2021
Contents:
- Circuit Breaker Price in Kuwait (CIF) - 2021
- Circuit Breaker Price in Kuwait (FOB) - 2022
- Circuit Breaker Imports in Kuwait
- Circuit Breaker Exports in Kuwait
Circuit Breaker Price in Kuwait (CIF) - 2021
In December 2021, the average circuit breaker import price amounted to $10.6 per unit, dropping by -6% against the previous month. Over the period under review, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in February 2021 an increase of 62% against the previous month. The import price peaked at $28.9 per unit in March 2021; however, from April 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($28.3 per unit), while the price for China ($2.9 per unit) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Circuit Breaker Price in Kuwait (FOB) - 2022
The average circuit breaker export price stood at $5.2 per unit in 2022, picking up by 14% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 243% against the previous year. As a result, the export price reached the peak level of $55 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($307 per unit), while the average price for exports to Kazakhstan ($4.7 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 the United Arab Emirates (+38.1%), while the prices for the other major destinations experienced a decline.
Circuit Breaker Imports in Kuwait
In 2022, imports of automatic circuit breakers into Kuwait reduced to 2.6M units, declining by -9.2% against the previous year. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, imports reached the peak of 2.8M units, and then shrank in the following year.
In value terms, circuit breaker imports contracted to $60M in 2022. Overall, imports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 6.1% against the previous year. Over the period under review, imports attained the maximum at $69M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Circuit Breaker in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 33.8 | 18.6 | 13.6 | 18.0 | -18.9% |
Germany | 3.0 | 6.9 | 8.1 | 11.9 | 58.3% |
Japan | 0.7 | 2.3 | 3.7 | 7.3 | 118.5% |
India | 1.1 | 0.7 | 1.4 | 2.5 | 31.5% |
China | 0.3 | 0.5 | 0.7 | 2.5 | 102.7% |
Slovenia | 0.4 | 0.3 | 0.8 | 1.8 | 65.1% |
Italy | 0.1 | 0.1 | 0.2 | 0.7 | 91.3% |
United Arab Emirates | 22.1 | 18.6 | 24.2 | 0.3 | -76.1% |
Others | 7.2 | 9.9 | 8.6 | 14.8 | 27.1% |
Total | 68.7 | 57.9 | 61.4 | 59.6 | -4.6% |
Top Suppliers of Circuit Breaker to Kuwait in 2022:
- Japan (704.4K units)
- Germany (384.3K units)
- China (284.5K units)
- South Korea (270.0K units)
- Slovenia (118.8K units)
- India (113.7K units)
- Italy (42.3K units)
- United Arab Emirates (2.4K units)
Circuit Breaker Exports in Kuwait
In 2022, exports of automatic circuit breakers from Kuwait declined rapidly to 57K units, with a decrease of -47.8% compared with 2021. In general, exports, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,675% against the previous year. As a result, the exports reached the peak of 109K units, and then declined remarkably in the following year.
In value terms, circuit breaker exports fell sharply to $295K in 2022. Overall, exports faced a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 427%. Over the period under review, the exports hit record highs at $629K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Circuit Breaker in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | N/A | N/A | 0.1 | 265 | 264900.0% |
Qatar | 29.7 | 30.3 | 453 | 17.0 | -17.0% |
United Arab Emirates | 363 | 0.7 | 6.9 | 0.9 | -86.5% |
United States | 23.1 | N/A | N/A | N/A | 0% |
Others | 213 | 63.2 | 36.3 | 12.3 | -61.3% |
Total | 629 | 94.2 | 496 | 295 | -22.3% |
Top Export Markets for Circuit Breaker from Kuwait in 2022:
- United Arab Emirates (undefinedK units)
- Kazakhstan (56.0K units)
- Qatar (0.5K units)
This report provides an in-depth analysis of the circuit breaker 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 27121020 - Automatic circuit breakers
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
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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In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
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