Kuwait - Concrete Or Mortar Mixers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConcrete Mixer Price in Kuwait - 2021
Contents:
- Concrete Mixer Price in Kuwait (CIF) - 2022
- Concrete Mixer Price in Kuwait (FOB) - 2022
- Concrete Mixer Imports in Kuwait
- Concrete Mixer Exports in Kuwait
Concrete Mixer Price in Kuwait (CIF) - 2022
In 2022, the average concrete mixer import price amounted to $608 per unit, approximately equating the previous year. Over the period under review, the import price saw a perceptible slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 15%. Over the period under review, average import prices reached the maximum at $975 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($964 per unit), while the price for Iran ($151 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Concrete Mixer Price in Kuwait (FOB) - 2022
In 2022, the average concrete mixer export price amounted to $574 per unit, surging by 19% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 117% against the previous year. Over the period under review, the average export prices reached the maximum at $885 per unit in 2014; however, from 2015 to 2022, the export prices remained at a 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 Saudi Arabia ($1,428 per unit), while the average price for exports to Egypt ($128 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 Syrian Arab Republic (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Concrete Mixer Imports in Kuwait
Concrete mixer imports into Kuwait soared to 5.4K units in 2022, growing by 55% on the previous year. In general, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 60%. As a result, imports attained the peak of 7.3K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, concrete mixer imports surged to $3.3M in 2022. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 56%. As a result, imports attained the peak of $4.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Concrete Mixer in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 962 | 775 | 255 | 1,094 | 4.4% |
| Germany | 380 | 892 | 124 | 723 | 23.9% |
| Saudi Arabia | 333 | 438 | 395 | 398 | 6.1% |
| Slovenia | 213 | 483 | 390 | 393 | 22.7% |
| United States | 143 | 446 | 260 | 262 | 22.4% |
| United Arab Emirates | 228 | 257 | 43.8 | 105 | -22.8% |
| Singapore | 30.0 | 63.0 | 40.0 | 43.9 | 13.5% |
| China | 350 | 654 | 370 | 39.1 | -51.8% |
| Iran | 22.7 | 45.3 | 28.5 | 28.8 | 8.3% |
| Italy | 87.3 | 66.6 | 65.7 | 22.7 | -36.2% |
| Others | 94.3 | 325 | 180 | 189 | 26.1% |
| Total | 2,844 | 4,445 | 2,152 | 3,299 | 5.1% |
Top Suppliers of Concrete Mixer to Kuwait in 2022:
- Turkey (2293.0 units)
- Germany (821.0 units)
- Slovenia (644.0 units)
- Saudi Arabia (436.0 units)
- United States (272.0 units)
- United Arab Emirates (223.0 units)
- Iran (191.0 units)
- Singapore (163.0 units)
- China (133.0 units)
- Italy (25.0 units)
Concrete Mixer Exports in Kuwait
In 2022, overseas shipments of concrete or mortar mixers decreased by -26.6% to 896 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 908%. The exports peaked at 1.2K units in 2021, and then reduced notably in the following year.
In value terms, concrete mixer exports contracted to $514K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,084%. The exports peaked at $587K in 2021, and then fell in the following year.
| Export of Concrete Mixer in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 7.6 | 111 | 315 | 236 | 214.3% |
| Syrian Arab Republic | 3.4 | 41.7 | 110 | 98.5 | 207.1% |
| Qatar | 2.5 | 96.8 | 3.2 | 67.7 | 200.3% |
| Oman | 0.6 | 7.1 | 75.1 | 56.1 | 353.9% |
| Iran | 0.5 | 7.4 | 32.3 | 24.1 | 263.9% |
| Egypt | 0.1 | 2.0 | 4.5 | 3.3 | 220.8% |
| Iraq | N/A | N/A | 10.3 | N/A | 0% |
| Others | 5.5 | 175 | 36.0 | 28.8 | 73.7% |
| Total | 20.2 | 441 | 587 | 514 | 194.1% |
Top Export Markets for Concrete Mixer from Kuwait in 2022:
- Syrian Arab Republic (335.0 units)
- Saudi Arabia (165.0 units)
- Iran (161.0 units)
- Qatar (91.0 units)
- Oman (90.0 units)
- Egypt (26.0 units)
This report provides an in-depth analysis of the concrete mixer 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 28924050 - Concrete or mortar mixers
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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