Kuwait - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Kuwait - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights

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Price for Geometrical Quantities Electronic Measurer in Kuwait - 2021

Contents:

  1. Price for Geometrical Quantities Electronic Measurer in Kuwait (CIF) - 2022
  2. Price for Geometrical Quantities Electronic Measurer in Kuwait (FOB) - 2022
  3. Imports of Geometrical Quantities Electronic Measurer in Kuwait
  4. Exports of Geometrical Quantities Electronic Measurer in Kuwait

Price for Geometrical Quantities Electronic Measurer in Kuwait (CIF) - 2022

In 2022, the average geometrical quantities electronic measurer import price amounted to $21 per unit, with a decrease of -34% against the previous year. Overall, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 18%. Over the period under review, average import prices hit record highs at $45 per unit in 2018; however, from 2019 to 2022, 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 UK ($164 per unit), while the price for Turkey ($6.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Geometrical Quantities Electronic Measurer in Kuwait (FOB) - 2022

The average geometrical quantities electronic measurer export price stood at $31 per unit in 2022, increasing by 1.9% against the previous year. Overall, the export price, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2015 an increase of 86%. Over the period under review, the average export prices attained the peak figure at $165 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($223 per unit), while the average price for exports to Switzerland ($7.5 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 Qatar (+6.9%), while the prices for the other major destinations experienced a decline.

Imports of Geometrical Quantities Electronic Measurer in Kuwait

Geometrical quantities electronic measurer imports into Kuwait skyrocketed to 797K units in 2022, picking up by 49% compared with the previous year. Overall, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, geometrical quantities electronic measurer imports dropped modestly to $17M in 2022. Over the period under review, imports, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 when imports increased by 4%. Imports peaked at $20M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Geometrical Quantities Electronic Measurer in Kuwait (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.20.30.311.2110.5%
United States6.26.95.71.3-40.6%
Germany2.61.51.40.9-29.8%
China1.72.73.20.8-22.2%
United Kingdom1.51.72.10.4-35.6%
India0.3N/A0.30.2-12.6%
France1.30.40.60.2-46.4%
South Korea0.60.20.10.2-30.7%
TurkeyN/A0.10.10.10.0%
Others4.12.73.51.8-24.0%
Total19.716.617.317.0-4.8%

Top Suppliers of Geometrical Quantities Electronic Measurer to Kuwait in 2022:

  1. Italy (576.5K units)
  2. United States (41.1K units)
  3. China (35.6K units)
  4. Germany (28.5K units)
  5. Turkey (15.8K units)
  6. India (14.8K units)
  7. France (13.4K units)
  8. South Korea (6.3K units)
  9. United Kingdom (2.4K units)

Exports of Geometrical Quantities Electronic Measurer in Kuwait

In 2022, geometrical quantities electronic measurer exports from Kuwait skyrocketed to 68K units, rising by 21% against 2021 figures. Overall, exports, however, recorded a pronounced reduction. Over the period under review, the exports reached the peak figure at 75K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, geometrical quantities electronic measurer exports soared to $2.1M in 2022. Over the period under review, exports, however, showed a noticeable curtailment. The exports peaked at $2.5M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Geometrical Quantities Electronic Measurer in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates15618362252149.5%
Italy3.30.5256426405.4%
Qatar1391,46842.834435.3%
Saudi Arabia531141132193-28.6%
Pakistan163193142118-10.2%
Turkey2579.22.064.5-36.9%
Iraq32.771.422.020.7-14.1%
India48017.36.112.0-70.8%
Syrian Arab RepublicN/A5.0N/AN/A0%
Others567403481400-11.0%
Total2,3292,4931,7062,099-3.4%

Top Export Markets for Geometrical Quantities Electronic Measurer from Kuwait in 2022:

  1. United Arab Emirates (39.5K units)
  2. Saudi Arabia (14.0K units)
  3. Italy (4.2K units)
  4. Iraq (2.4K units)
  5. Qatar (1.5K units)
  6. Turkey (0.8K units)
  7. Pakistan (0.5K units)
  8. India (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for geometrical quantities electronic measurer 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 26516650 - Electronic instruments, appliances and machines for measuring or checking geometrical quantities (including comparators, coordinate measuring machines (CMMs))

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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