Kuwait - Hand-Operated Drilling, Threading or Tapping Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hand-Operated Drilling, Threading or Tapping Tool in Kuwait - 2022
Contents:
- Price for Hand-Operated Drilling, Threading or Tapping Tool in Kuwait (CIF) - 2022
- Price for Hand-Operated Drilling, Threading or Tapping Tool in Kuwait (FOB) - 2022
- Imports of Hand-Operated Drilling, Threading or Tapping Tool in Kuwait
- Exports of Hand-Operated Drilling, Threading or Tapping Tool in Kuwait
Price for Hand-Operated Drilling, Threading or Tapping Tool in Kuwait (CIF) - 2022
The average import price for hand-operated drilling, threading or tapping tools stood at $9,002 per ton in 2022, surging by 12% against the previous year. In general, the import price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2020 an increase of 23% against the previous year. The import price peaked at $15,566 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($60,816 per ton), while the price for the United Arab Emirates ($3,380 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hand-Operated Drilling, Threading or Tapping Tool in Kuwait (FOB) - 2022
In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $12,740 per ton, with an increase of 231% against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 279% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($19,495 per ton), while the average price for exports to the United States ($2,612 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+263.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Drilling, Threading or Tapping Tool in Kuwait
In 2022, the amount of hand-operated drilling, threading or tapping tools imported into Kuwait shrank modestly to 54 tons, which is down by -4.3% compared with 2021. In general, imports saw a perceptible decline. The smallest decline of -3.5% was in 2020.
In value terms, imports of hand-operated drilling, threading or tapping tools expanded remarkably to $490K in 2022. Overall, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, imports reached the peak of $844K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Hand-Operated Drilling, Threading or Tapping Tool in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 331 | 331 | 251 | 271 | -6.4% |
| United States | 83.3 | 143 | 73.3 | 91.4 | 3.1% |
| South Korea | 55.1 | 52.5 | 1.5 | 26.0 | -22.1% |
| Germany | 79.4 | 7.0 | 2.1 | 20.5 | -36.3% |
| United Arab Emirates | 28.7 | 12.8 | 31.1 | 17.7 | -14.9% |
| India | 26.9 | 9.4 | 15.0 | 12.6 | -22.3% |
| Italy | 18.1 | 26.1 | 25.4 | 0.5 | -69.8% |
| Others | 91.2 | 262 | 56.1 | 49.9 | -18.2% |
| Total | 714 | 844 | 456 | 490 | -11.8% |
Top Suppliers of Hand-Operated Drilling, Threading or Tapping Tool to Kuwait in 2022:
- China (39.8 tons)
- United Arab Emirates (5.2 tons)
- Germany (3.1 tons)
- South Korea (1.8 tons)
- India (1.5 tons)
- United States (1.5 tons)
- Italy (0.1 tons)
Exports of Hand-Operated Drilling, Threading or Tapping Tool in Kuwait
In 2022, overseas shipments of hand-operated drilling, threading or tapping tools decreased by -43.3% to 9.3 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 121%. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of hand-operated drilling, threading or tapping tools surged to $118K in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Hand-Operated Drilling, Threading or Tapping Tool in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 2.4 | 108 | 4400.0% |
| United States | N/A | N/A | 1.2 | 9.6 | 700.0% |
| Saudi Arabia | N/A | 80.4 | 0.4 | 0.4 | -92.9% |
| United Arab Emirates | 11.4 | N/A | N/A | 0.1 | -79.4% |
| Thailand | N/A | N/A | 24.5 | N/A | 0% |
| Syrian Arab Republic | N/A | N/A | 0.9 | N/A | 0% |
| Qatar | 48.1 | N/A | N/A | N/A | 0% |
| Oman | 17.8 | 0.1 | 9.7 | N/A | -26.2% |
| Iran | N/A | 6.0 | N/A | N/A | 0% |
| Others | 3.9 | N/A | 23.7 | N/A | 146.5% |
| Total | 81.2 | 86.5 | 62.9 | 118 | 13.3% |
Top Export Markets for Hand-Operated Drilling, Threading or Tapping Tool from Kuwait in 2022:
- Turkey (5.5 tons)
- United States (3.7 tons)
- Saudi Arabia (0.1 tons)
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool 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 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor
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
- 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
-
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
-
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
-
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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