Kuwait - Crawler Tractors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrawler Tractor Price in Kuwait - 2022
Contents:
- Crawler Tractor Price in Kuwait (FOB) - 2022
- Crawler Tractor Price in Kuwait (CIF) - 2022
- Crawler Tractor Exports in Kuwait
- Crawler Tractor Imports in Kuwait
Crawler Tractor Price in Kuwait (FOB) - 2022
The average crawler tractor export price stood at $44,088 per unit in 2022, declining by -8.9% against the previous year. Over the last three years, it increased at an average annual rate of +8.1%. The pace of growth was the most pronounced in 2020 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices reached the peak figure at $48,394 per unit in 2021, and then shrank in the following year.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2019 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +7.8% per year.
Crawler Tractor Price in Kuwait (CIF) - 2022
In 2022, the average crawler tractor import price amounted to $38,071 per unit, shrinking by -24.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 129% against the previous year. Over the period under review, average import prices hit record highs at $93,487 per unit in 2019; however, from 2020 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 Germany ($450,774 per unit), while the price for China ($344 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+126.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Crawler Tractor Exports in Kuwait
In 2022, crawler tractor exports from Kuwait declined remarkably to 6 units, reducing by -33.3% on the previous year's figure. Overall, exports, however, showed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 350% against the previous year. As a result, the exports attained the peak of 9 units, and then fell rapidly in the following year.
In value terms, crawler tractor exports contracted sharply to $265K in 2022. In general, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 366%. As a result, the exports reached the peak of $436K, and then reduced dramatically in the following year.
| Export of Crawler Tractor in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 246 | 65.8 | 163 | 265 | 2.5% |
| Germany | N/A | N/A | 65.0 | N/A | 0% |
| Jordan | N/A | 27.7 | N/A | N/A | 0% |
| Syrian Arab Republic | N/A | N/A | 9.2 | N/A | 0% |
| Qatar | N/A | N/A | 110 | N/A | 0% |
| Lebanon | 20.5 | N/A | N/A | N/A | 0% |
| Oman | N/A | N/A | 39.8 | N/A | 0% |
| Egypt | N/A | N/A | 48.7 | N/A | 0% |
| Iran | 308 | N/A | N/A | N/A | 0% |
| Others | -400.1 | N/A | N/A | N/A | 0% |
| Total | 174 | 93.5 | 436 | 265 | 15.1% |
Top Export Markets for Crawler Tractor from Kuwait in 2022:
- Saudi Arabia (6.0 units)
Crawler Tractor Imports in Kuwait
In 2022, imports of crawler tractors into Kuwait stood at 2 units, therefore, remained relatively stable against the previous year. Over the period under review, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year. Over the period under review, imports attained the peak figure at 19 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, crawler tractor imports fell significantly to $76K in 2022. In general, imports showed a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 97%. Imports peaked at $1.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Crawler Tractor in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.3 | 23.4 | 96.5 | 73.2 | 37.3% |
| Japan | 1,241 | 24.8 | 3.4 | 2.1 | -88.1% |
| Germany | 103 | 3.0 | 0.6 | 0.5 | -83.1% |
| China | 0.5 | N/A | 0.4 | 0.3 | -15.7% |
| India | 22.7 | 0.1 | 0.1 | 0.1 | -83.6% |
| Iran | 34.1 | N/A | N/A | N/A | 0% |
| Belgium | 161 | N/A | N/A | N/A | 0% |
| Italy | 37.5 | N/A | N/A | N/A | 0% |
| Brazil | 148 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,776 | 51.3 | 101 | 76.1 | -65.0% |
Top Suppliers of Crawler Tractor to Kuwait in 2022:
- United States (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the crawler tractor 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 28925000 - (Crawler tractors) Track-laying tractors
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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