Kuwait - Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fuel or Lubricating Pump in Kuwait - 2021
Contents:
- Price for Fuel or Lubricating Pump in Kuwait (CIF) - 2022
- Price for Fuel or Lubricating Pump in Kuwait (FOB) - 2022
- Imports of Fuel or Lubricating Pump in Kuwait
- Exports of Fuel or Lubricating Pump in Kuwait
Price for Fuel or Lubricating Pump in Kuwait (CIF) - 2022
In 2022, the average fuel or lubricating pump import price amounted to $76 per unit, increasing by 7.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2016 an increase of 26%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
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 Mexico ($124 per unit), while the price for Japan ($31 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fuel or Lubricating Pump in Kuwait (FOB) - 2022
In 2022, the average fuel or lubricating pump export price amounted to $105 per unit, rising by 6.4% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 109%. Over the period under review, the average export prices attained the peak figure at $154 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 Belgium ($320 per unit), while the average price for exports to Hong Kong SAR ($31 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 the United Arab Emirates (+17.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fuel or Lubricating Pump in Kuwait
In 2022, supplies from abroad of fuel, lubricating or cooling-medium pumps for internal combustion engines decreased by -7.6% to 123K units, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a mild shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 9.1%. As a result, imports attained the peak of 142K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fuel or lubricating pump imports dropped slightly to $9.4M in 2022. In general, imports recorded a slight slump. The growth pace was the most rapid in 2021 with an increase of 0.8% against the previous year. Imports peaked at $9.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Fuel or Lubricating Pump in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 3,303 | 3,620 | 4,043 | 4,993 | 14.8% |
Mexico | 650 | 686 | 686 | 709 | 2.9% |
Japan | 1,206 | 894 | 1,065 | 608 | -20.4% |
Italy | 175 | 143 | 206 | 575 | 48.7% |
Germany | 670 | 414 | 696 | 522 | -8.0% |
United States | 910 | 544 | 538 | 402 | -23.8% |
China | 666 | 575 | 447 | 247 | -28.2% |
United Kingdom | 219 | 511 | 281 | 70.0 | -31.6% |
Thailand | 184 | 207 | 182 | 51.6 | -34.5% |
Others | 1,751 | 1,741 | 1,266 | 1,194 | -12.0% |
Total | 9,734 | 9,334 | 9,410 | 9,372 | -1.3% |
Top Suppliers of Fuel or Lubricating Pump to Kuwait in 2022:
- United Arab Emirates (58.4K units)
- Japan (19.9K units)
- Italy (6.2K units)
- China (6.0K units)
- Germany (5.9K units)
- Mexico (5.7K units)
- United States (5.1K units)
- Thailand (0.8K units)
- United Kingdom (0.6K units)
Exports of Fuel or Lubricating Pump in Kuwait
In 2022, overseas shipments of fuel, lubricating or cooling-medium pumps for internal combustion engines decreased by -2.9% to 1.5K units, falling for the second consecutive year after two years of growth. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports attained the peak of 2.2K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fuel or lubricating pump exports stood at $160K in 2022. Overall, exports showed a perceptible curtailment. The exports peaked at $176K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Fuel or Lubricating Pump in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 58.3 | 66.2 | 59.2 | 56.9 | -0.8% |
Belgium | 68.1 | 45.8 | 56.5 | 53.8 | -7.6% |
United Arab Emirates | 1.8 | 20.3 | 21.3 | 20.5 | 125.0% |
United States | 11.2 | 5.5 | 1.4 | 7.4 | -12.9% |
Saudi Arabia | 10.4 | 7.1 | 3.5 | 4.8 | -22.7% |
Hong Kong SAR | 12.2 | 6.5 | 5.3 | 4.4 | -28.8% |
Iraq | 2.2 | 1.5 | 1.5 | 1.7 | -8.2% |
Bahrain | 0.8 | 0.2 | 1.1 | 1.1 | 11.2% |
Others | 11.0 | 12.5 | 5.2 | 9.7 | -4.1% |
Total | 176 | 166 | 155 | 160 | -3.1% |
Top Export Markets for Fuel or Lubricating Pump from Kuwait in 2022:
- United Kingdom (731.0 units)
- United Arab Emirates (201.0 units)
- Belgium (168.0 units)
- Hong Kong SAR (140.0 units)
- Saudi Arabia (104.0 units)
- United States (94.0 units)
- Bahrain (27.0 units)
- Iraq (22.0 units)
This report provides an in-depth analysis of the market for fuel or lubricating pump 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 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
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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