Report Update: May 1, 2024

Kuwait - Mobile Lifting Frames On Tyres And Straddle Carriers - Market Analysis, Forecast, Size, Trends And Insights

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Mobile Lifting Frame Price in Kuwait - 2021

Mobile Lifting Frame Price in Kuwait (FOB) - 2022

The average mobile lifting frame export price stood at $37,524 per unit in 2022, dropping by -1.5% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 46%. As a result, the export price attained the peak level of $47,300 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($61,040 per unit), while the average price for exports to Iran ($11,536 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 India (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mobile Lifting Frame Price in Kuwait (CIF) - 2022

In 2022, the average mobile lifting frame import price amounted to $34,985 per unit, waning by -13.7% against the previous year. Overall, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2021 when the average import price increased by 24%. The import price peaked at $66,934 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($65,338 per unit), while the price for India ($9,382 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+19.8%), while the prices for the other major suppliers experienced a decline.

Mobile Lifting Frame Exports in Kuwait

After three years of growth, overseas shipments of mobile lifting frames on tyres and straddle carriers decreased by -11.8% to 90 units in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. As a result, the exports attained the peak of 102 units, and then reduced in the following year.

In value terms, mobile lifting frame exports shrank to $3.4M in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. As a result, the exports reached the peak of $3.9M, and then fell in the following year.

Export of Mobile Lifting Frame in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	512	663	948	1,285	35.9%
Qatar	1,082	1,155	834	1,166	2.5%
Bahrain	812	292	419	596	-9.8%
United Arab Emirates	89.7	205	167	254	41.5%
Iran	4.3	9.7	25.0	33.8	98.8%
Belgium	N/A	422	N/A	N/A	0%
Sudan	N/A	47.6	N/A	N/A	0%
India	N/A	N/A	211	N/A	0%
Egypt	N/A	N/A	192	N/A	0%
Netherlands	337	N/A	N/A	N/A	0%
Others	46.7	73.2	1,091	42.5	-3.1%
Total	2,883	2,867	3,887	3,377	5.4%

Top Export Markets for Mobile Lifting Frame from Kuwait in 2022:

Saudi Arabia (47.0 units)
Qatar (24.0 units)
Bahrain (10.0 units)
United Arab Emirates (6.0 units)
Iran (3.0 units)

Mobile Lifting Frame Imports in Kuwait

In 2022, imports of mobile lifting frames on tyres and straddle carriers into Kuwait was estimated at 18 units, therefore, remained relatively stable against 2021 figures. In general, imports saw a mild setback. The pace of growth was the most pronounced in 2021 when imports increased by 5.9%. Imports peaked at 19 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, mobile lifting frame imports contracted to $647K in 2022. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Over the period under review, imports hit record highs at $944K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Mobile Lifting Frame in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	24.3	10.7	0.3	235	113.1%
Germany	39.0	8.5	187	120	45.4%
France	142	119	110	67.9	-21.8%
United Arab Emirates	243	139	64.3	56.7	-38.4%
Japan	45.4	146	45.1	47.4	1.4%
Australia	51.3	41.6	35.2	25.1	-21.2%
Saudi Arabia	44.0	13.4	36.7	23.5	-18.9%
India	11.2	9.5	9.0	5.6	-20.6%
China	35.6	14.3	6.4	0.9	-70.7%
Others	308	66.1	232	64.5	-40.6%
Total	944	567	726	647	-11.8%

Top Suppliers of Mobile Lifting Frame to Kuwait in 2022:

United Arab Emirates (4.0 units)
United States (4.0 units)
Germany (3.0 units)
Saudi Arabia (2.0 units)
Japan (2.0 units)
Australia (1.0 units)
India (1.0 units)
France (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mobile lifting frame 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 28221433 - Mobile lifting frames on tyres and straddle carriers

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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