Kuwait - Machine Tools For Working Metal Without Removing Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Machine Tool for Metal in Kuwait - 2021
Contents:
- Price for Machine Tool for Metal in Kuwait (CIF) - 2022
- Price for Machine Tool for Metal in Kuwait (FOB) - 2022
- Imports of Machine Tool for Metal in Kuwait
- Exports of Machine Tool for Metal in Kuwait
Price for Machine Tool for Metal in Kuwait (CIF) - 2022
The average machine tool for metal import price stood at $3,521 per unit in 2022, increasing by 3.4% against the previous year. Overall, the import price enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 59% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($9,309 per unit), while the price for the United Arab Emirates ($738 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine Tool for Metal in Kuwait (FOB) - 2022
The average machine tool for metal export price stood at $386 per unit in 2022, falling by -46.6% against the previous year. In general, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2014 when the average export price increased by 106%. Over the period under review, the average export prices hit record highs at $2,581 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 the United Arab Emirates ($2,691 per unit), while the average price for exports to India ($27 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 Saudi Arabia (-10.6%), while the prices for the other major destinations experienced a decline.
Imports of Machine Tool for Metal in Kuwait
In 2022, machine tool for metal imports into Kuwait contracted sharply to 121 units, which is down by -40.4% compared with the year before. In general, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 171%. As a result, imports attained the peak of 203 units, and then reduced rapidly in the following year.
In value terms, machine tool for metal imports reduced remarkably to $426K in 2022. Overall, imports, however, enjoyed a noticeable expansion. The growth pace was the most rapid in 2021 with an increase of 329% against the previous year. As a result, imports reached the peak of $691K, and then fell markedly in the following year.
| Import of Machine Tool for Metal in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 225 | 107 | 490 | 309 | 11.2% |
| France | 37.5 | 16.0 | 65.7 | 37.2 | -0.3% |
| South Korea | 3.2 | 2.1 | 21.0 | 11.1 | 51.4% |
| Italy | 15.0 | 3.4 | 3.6 | 9.9 | -12.9% |
| China | 5.1 | 5.1 | 12.3 | 6.3 | 7.3% |
| United Arab Emirates | N/A | 5.7 | 13.4 | 5.9 | 1.7% |
| Others | 105 | 21.9 | 85.0 | 46.3 | -23.9% |
| Total | 391 | 161 | 691 | 426 | 2.9% |
Top Suppliers of Machine Tool for Metal to Kuwait in 2022:
- Saudi Arabia (80.0 units)
- United Arab Emirates (8.0 units)
- China (7.0 units)
- France (4.0 units)
- South Korea (4.0 units)
- Italy (2.0 units)
Exports of Machine Tool for Metal in Kuwait
In 2022, overseas shipments of machine tools for working metal without removing metal were finally on the rise to reach 10 units for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, machine tool for metal exports expanded significantly to $3.9K in 2022. Overall, exports, however, showed a deep setback. Over the period under review, the exports hit record highs at $4.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Machine Tool for Metal in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.9 | 2.6 | 2.5 | 2.7 | -2.4% |
| Saudi Arabia | 1.5 | 1.2 | 1.1 | 1.0 | -12.6% |
| Qatar | 0.3 | N/A | N/A | N/A | 0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 0.1 | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 4.7 | 4.1 | 3.6 | 3.9 | -6.0% |
Top Export Markets for Machine Tool for Metal from Kuwait in 2022:
- Saudi Arabia (7.0 units)
- United Arab Emirates (1.0 units)
- India (1.0 units)
This report provides an in-depth analysis of the market for machine tool for metal 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 28413470 - Riveting machines, swaging machines and spinning lathes for working metal, machines for manufacturing flexible tubes of spiral metal strip and electro-magnetic pulse metal forming machines, and other machine tools for working metal without removing metal
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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