Kuwait - Vehicles Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Propelled Vehicle Price in Kuwait - 2021
Contents:
- Non-Propelled Vehicle Price in Kuwait (CIF) - 2022
- Non-Propelled Vehicle Price in Kuwait (FOB) - 2022
- Non-Propelled Vehicle Imports in Kuwait
- Non-Propelled Vehicle Exports in Kuwait
Non-Propelled Vehicle Price in Kuwait (CIF) - 2022
In 2022, the average non-propelled vehicle import price amounted to $49 per unit, standing approx. at the previous year. Overall, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 11%. The import price peaked at $68 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 ($158 per unit), while the price for France ($26 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Propelled Vehicle Price in Kuwait (FOB) - 2022
In 2022, the average non-propelled vehicle export price amounted to $35 per unit, declining by -25.7% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2018 an increase of 67%. As a result, the export price reached the peak level of $47 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($150 per unit), while the average price for exports to Egypt ($2 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 Lebanon (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Propelled Vehicle Imports in Kuwait
In 2022, imports of vehicles not mechanically propelled into Kuwait reduced to 115K units, waning by -8.6% on 2021. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 10%. Imports peaked at 137K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, non-propelled vehicle imports dropped to $5.7M in 2022. Over the period under review, imports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports reached the peak of $6.2M, and then fell in the following year.
Import of Non-Propelled Vehicle in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,739 | 1,410 | 2,080 | 3,025 | 20.3% |
United Arab Emirates | 4.4 | 19.6 | 514 | 314 | 314.8% |
France | 789 | 503 | 315 | 274 | -29.7% |
Germany | 142 | 225 | 328 | 244 | 19.8% |
Japan | 308 | 172 | 107 | 204 | -12.8% |
Italy | 232 | 762 | 577 | 194 | -5.8% |
Turkey | 196 | 162 | 267 | 193 | -0.5% |
Spain | 62.2 | 358 | 440 | 146 | 32.9% |
India | 132 | 74.5 | 257 | 104 | -7.6% |
Taiwan (Chinese) | 71.6 | 196 | 151 | 92.0 | 8.7% |
Others | 2,504 | 1,213 | 1,188 | 870 | -29.7% |
Total | 6,180 | 5,095 | 6,225 | 5,660 | -2.9% |
Top Suppliers of Non-Propelled Vehicle to Kuwait in 2022:
- China (75.6K units)
- France (10.5K units)
- Turkey (4.5K units)
- United Arab Emirates (3.6K units)
- Japan (3.5K units)
- Spain (3.5K units)
- Taiwan (Chinese) (2.5K units)
- Germany (2.5K units)
- India (1.8K units)
- Italy (1.3K units)
Non-Propelled Vehicle Exports in Kuwait
In 2022, after two years of decline, there was significant growth in shipments abroad of vehicles not mechanically propelled, when their volume increased by 23% to 136 units. Over the period under review, exports, however, showed a sharp setback. Over the period under review, the exports hit record highs at 3.4K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-propelled vehicle exports declined to $4.7K in 2022. In general, exports, however, continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 23%. Over the period under review, the exports attained the maximum at $162K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Non-Propelled Vehicle in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lebanon | 4.6 | 0.3 | 1.4 | 1.2 | -36.1% |
Qatar | 51.8 | 1.2 | 1.1 | 1.0 | -73.2% |
France | 19.6 | 0.7 | 0.8 | 0.7 | -67.1% |
United States | 39.9 | 0.9 | 0.8 | 0.7 | -74.0% |
Bahrain | 20.1 | 0.5 | 0.4 | 0.4 | -72.9% |
United Arab Emirates | 5.2 | 0.1 | 0.3 | 0.3 | -61.4% |
Saudi Arabia | 9.4 | 0.3 | 0.1 | 0.1 | -78.0% |
China | 5.2 | 0.1 | 0.1 | 0.1 | -73.2% |
Jordan | 0.2 | N/A | N/A | N/A | 0% |
Egypt | 0.6 | N/A | N/A | N/A | 0% |
Singapore | 0.3 | N/A | N/A | N/A | 0% |
Iran | 2.2 | 0.1 | N/A | N/A | -95.5% |
Others | 2.8 | 0.1 | 0.2 | 0.1 | -67.1% |
Total | 162 | 4.2 | 5.2 | 4.7 | -69.3% |
Top Export Markets for Non-Propelled Vehicle from Kuwait in 2022:
- Qatar (57.0 units)
- France (33.0 units)
- United Arab Emirates (10.0 units)
- Saudi Arabia (9.0 units)
- Lebanon (9.0 units)
- Egypt (4.0 units)
- Bahrain (3.0 units)
- Iran (3.0 units)
- United States (3.0 units)
- Jordan (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys
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
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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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