Kuwait - Airbags With Inflator System And Parts Thereof - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Kuwait - Airbags With Inflator System And Parts Thereof - Market Analysis, Forecast, Size, Trends And Insights

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Inflator System Airbag Price in Kuwait - 2021

Contents:

  1. Inflator System Airbag Price in Kuwait (CIF) - 2022
  2. Inflator System Airbag Price in Kuwait (FOB) - 2022
  3. Inflator System Airbag Imports in Kuwait
  4. Inflator System Airbag Exports in Kuwait

Inflator System Airbag Price in Kuwait (CIF) - 2022

In 2022, the average inflator system airbag import price amounted to $53,052 per ton, surging by 14% against the previous year. Over the period under review, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2016 an increase of 25%. As a result, import price reached the peak level of $95,032 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($269,299 per ton), while the price for China ($21,488 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Inflator System Airbag Price in Kuwait (FOB) - 2022

The average inflator system airbag export price stood at $10,277 per ton in 2022, growing by 18% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2013 when the average export price increased by 90%. As a result, the export price reached the peak level of $93,608 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($51,385 per ton), while the average price for exports to Japan ($8,078 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+40.7%), while the prices for the other major destinations experienced a decline.

Inflator System Airbag Imports in Kuwait

In 2022, imports of airbags with inflator system and parts thereof into Kuwait contracted significantly to 14 tons, declining by -25.9% against the year before. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 95%.

In value terms, inflator system airbag imports reduced sharply to $759K in 2022. Over the period under review, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 44%.

Import of Inflator System Airbag in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates607393487471-8.1%
Hungary10.04.675.573.094.0%
Mexico70.333.833.740.2-17.0%
Japan36360.911637.9-52.9%
Poland10.78.712.615.011.9%
United States66.731.536.910.7-45.7%
China33.027.328.53.7-51.8%
Others17963.2106108-15.5%
Total1,339623896759-17.2%

Top Suppliers of Inflator System Airbag to Kuwait in 2022:

  1. United Arab Emirates (11.4 tons)
  2. Mexico (0.6 tons)
  3. Japan (0.6 tons)
  4. Hungary (0.3 tons)
  5. Poland (0.2 tons)
  6. United States (0.2 tons)
  7. China (0.2 tons)

Inflator System Airbag Exports in Kuwait

Inflator system airbag exports from Kuwait dropped to 6.4 tons in 2022, declining by -11% against the previous year. In general, exports faced a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year.

In value terms, inflator system airbag exports expanded markedly to $65K in 2022. Over the period under review, exports recorded a sharp shrinkage.

Export of Inflator System Airbag in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan12739.342.248.8-27.3%
United Arab Emirates9.723.216.514.714.9%
Others2.76.43.21.9-11.1%
Total14068.862.065.4-22.4%

Top Export Markets for Inflator System Airbag from Kuwait in 2022:

  1. Japan (6.0 tons)
  2. United Arab Emirates (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the inflator system airbag 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 29322050 - Airbags with inflator system and parts thereof

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Airbags With Inflator System And Parts Thereof - Kuwait