Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait - 2022

Contents:

  1. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait (CIF) - 2022
  2. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait (FOB) - 2022
  3. Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait
  4. Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait (CIF) - 2022

The average import price for generators stood at $117 per unit in 2022, reducing by -45.1% against the previous year. Overall, the import price recorded a pronounced setback. The pace of growth was the most pronounced in 2017 an increase of 114% against the previous year. As a result, import price attained the peak level of $249 per unit. From 2018 to 2022, the average 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 the United States ($1,031 per unit), while the price for the Netherlands ($61 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+33.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait (FOB) - 2022

The average export price for generators stood at $464 per unit in 2022, with an increase of 20% against the previous year. Overall, the export price, however, showed a pronounced descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices attained the maximum at $746 per unit in 2016; however, from 2017 to 2022, the export prices remained at a 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 ($2,449 per unit), while the average price for exports to Saudi Arabia ($204 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+338.0%), while the prices for the other major destinations experienced a decline.

Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait

In 2022, imports of generators into Kuwait surged to 4.4K units, with an increase of 16% against 2021 figures. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 362%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of generators dropped markedly to $517K in 2022. Over the period under review, imports saw strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 447%. As a result, imports reached the peak of $808K, and then fell significantly in the following year.

Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China94.723.320037758.5%
Netherlands13.41.94.09.0-12.4%
United Arab Emirates62.933.4228N/A90.4%
Others15689.2375131-5.7%
Total32714880851716.5%

Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Kuwait in 2022:

  1. China (4.0K units)
  2. Netherlands (0.1K units)

Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait

In 2022, approx. 92 units of generators were exported from Kuwait; dropping by -39.9% against the previous year's figure. Overall, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. As a result, the exports attained the peak of 153 units, and then shrank rapidly in the following year.

In value terms, exports of generators contracted rapidly to $43K in 2022. In general, exports, however, recorded a strong increase. The growth pace was the most rapid in 2021 when exports increased by 99%. As a result, the exports reached the peak of $59K, and then fell sharply in the following year.

Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.2N/AN/A18.9355.5%
Bahrain0.40.83.29.8190.4%
Oman5.67.40.36.44.6%
Saudi Arabia8.66.16.24.9-17.1%
United Arab Emirates2.00.89.02.710.5%
United States0.91.23.4N/A94.4%
Iraq11.211.316.4N/A21.0%
Others1.92.120.7N/A230.1%
Total30.829.659.142.711.5%

Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Kuwait in 2022:

  1. India (42.0 units)
  2. Saudi Arabia (24.0 units)
  3. Oman (15.0 units)
  4. United Arab Emirates (7.0 units)
  5. Bahrain (4.0 units)

Source: IndexBox Market Intelligence Platform

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