Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait - 2022
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait (CIF) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait (CIF) - 2022
The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $56 per unit in 2022, surging by 13% against the previous year. In general, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 88% against the previous year. Over the period under review, average import prices reached the peak figure at $190 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Italy ($121 per unit), while the price for China ($19 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $393 per unit in 2022, with an increase of 249% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 610%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
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 Norway ($398 per unit), while the average price for exports to Lebanon amounted to $163 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (-7.2%), while the prices for the other major destinations experienced a decline.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait
In 2022, overseas purchases of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -92% to 2K units, falling for the second consecutive year after two years of growth. Overall, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 211% against the previous year. As a result, imports attained the peak of 170K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses shrank rapidly to $114K in 2022. Over the period under review, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 when imports increased by 37% against the previous year. As a result, imports reached the peak of $8.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,020 | 353 | 127 | 32.9 | -74.7% |
| Italy | 638 | 417 | 243 | 24.7 | -66.2% |
| China | 377 | 2,673 | 362 | 20.7 | -62.0% |
| Poland | 47.8 | 13.3 | 31.5 | 15.0 | -32.0% |
| France | 38.0 | 121 | 5.7 | 8.4 | -39.5% |
| Germany | 278 | 531 | 36.7 | 3.8 | -76.1% |
| United Kingdom | 658 | 1,853 | 4.7 | N/A | -91.5% |
| Others | 2,382 | 2,846 | 449 | 8.0 | -85.0% |
| Total | 6,438 | 8,809 | 1,260 | 114 | -73.9% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Kuwait in 2022:
- China (1109.0 units)
- United States (392.0 units)
- Poland (206.0 units)
- Italy (204.0 units)
- France (70.0 units)
- Germany (33.0 units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait
In 2022, overseas shipments of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -87.8% to 42 units, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp decline. The growth pace was the most rapid in 2020 when exports increased by 2,813% against the previous year. As a result, the exports attained the peak of 42K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses reduced sharply to $16K in 2022. Overall, exports recorded a significant curtailment. The growth pace was the most rapid in 2020 with an increase of 929% against the previous year. As a result, the exports reached the peak of $660K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 16.3 | 0% |
| Lebanon | N/A | N/A | N/A | 0.2 | 0% |
| Iraq | 11.7 | 571 | N/A | N/A | 4780.3% |
| Jordan | N/A | 27.9 | N/A | N/A | 0% |
| Saudi Arabia | 26.5 | 7.1 | 0.2 | N/A | -91.3% |
| Others | 25.9 | 53.9 | 38.5 | N/A | 21.9% |
| Total | 64.2 | 660 | 38.7 | 16.5 | -36.4% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Kuwait in 2022:
- Norway (41.0 units)
- Lebanon (1.0 units)
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