Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait - 2022
Contents:
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait
- Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait (CIF) - 2022
In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $38,828 per ton, remaining constant against the previous year. In general, the import price continues to indicate a slight slump. The growth pace was the most rapid in 2018 an increase of 47% against the previous year. Over the period under review, average import prices hit record highs at $54,726 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 New Zealand ($90,860 per ton), while the price for Romania ($15,936 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait (FOB) - 2022
In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $31,091 per ton, dropping by -9.4% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 62% against the previous year. Over the period under review, the average export prices attained the peak figure at $80,033 per ton in 2014; however, from 2015 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 Slovenia ($40,000 per ton), while the average price for exports to France ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+47.5%), while the prices for the other major destinations experienced a decline.
Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait
In 2022, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses into Kuwait dropped notably to 5.5 tons, reducing by -38.8% against the previous year. Over the period under review, imports faced a precipitous descent. The smallest decline of -5.7% was in 2021.
In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses dropped dramatically to $213K in 2022. Overall, imports recorded a sharp descent. The smallest decline of -4.2% was in 2021.
| Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 317 | 28.8 | 22.1 | 30.8 | -54.0% |
| Romania | 34.5 | 32.5 | 25.3 | 28.5 | -6.2% |
| United Arab Emirates | 0.5 | 0.3 | 0.8 | 20.6 | 245.4% |
| United States | 47.5 | 95.2 | 33.8 | 18.7 | -26.7% |
| Spain | 41.4 | 29.1 | 16.9 | 11.7 | -34.4% |
| China | 72.7 | 30.9 | 69.8 | 11.2 | -46.4% |
| New Zealand | 68.9 | 11.7 | 70.5 | 9.1 | -49.1% |
| South Korea | 7.2 | 8.2 | 7.3 | 7.4 | 0.9% |
| Italy | 25.4 | 15.7 | 12.8 | 4.8 | -42.6% |
| India | 8.8 | 9.6 | 10.2 | 4.7 | -18.9% |
| Malaysia | 8.1 | 5.5 | 2.9 | 3.8 | -22.3% |
| Hungary | 5.4 | 4.7 | 3.4 | 3.4 | -14.3% |
| Czech Republic | 5.3 | 2.5 | 0.3 | 1.8 | -30.2% |
| Others | 128 | 93.7 | 77.0 | 56.6 | -23.8% |
| Total | 771 | 368 | 353 | 213 | -34.9% |
Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Kuwait in 2022:
- Romania (1789.0 kg)
- United Arab Emirates (515.0 kg)
- China (407.0 kg)
- South Korea (347.0 kg)
- Spain (346.0 kg)
- Germany (340.0 kg)
- Hungary (215.0 kg)
- United States (207.0 kg)
- Malaysia (199.0 kg)
- Italy (120.0 kg)
- Czech Republic (105.0 kg)
- India (105.0 kg)
- New Zealand (100.0 kg)
Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait
In 2022, the amount of machine-tools; parts and accessories, tool holders and self-opening dieheadses exported from Kuwait surged to 44 kg, growing by 175% on 2021. Overall, exports, however, continue to indicate a sharp shrinkage.
In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses soared to $1.4K in 2022. In general, exports, however, recorded a sharp reduction.
| Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.9 | 9.7 | 0.5 | 1.3 | -23.5% |
| Germany | 4.9 | 9.4 | 0.1 | N/A | -85.7% |
| Syrian Arab Republic | N/A | 1.2 | N/A | N/A | 0% |
| Slovenia | 0.2 | 0.1 | N/A | N/A | -50.0% |
| France | 0.3 | 0.1 | N/A | N/A | -66.7% |
| India | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Oman | 0.1 | 0.2 | N/A | N/A | 100.0% |
| United Arab Emirates | 2.5 | 1.7 | N/A | N/A | -32.0% |
| Qatar | 6.2 | 0.5 | N/A | N/A | -91.9% |
| Bahrain | 0.2 | 0.3 | N/A | N/A | 50.0% |
| Others | N/A | 1.5 | N/A | N/A | 0% |
| Total | 17.5 | 24.8 | 0.5 | 1.4 | -56.9% |
Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Kuwait in 2022:
- United States (36.0 kg)
- Bahrain (1.0 kg)
- Qatar (1.0 kg)
- Oman (1.0 kg)
- India (1.0 kg)
- France (1.0 kg)
- Slovenia (1.0 kg)
- Germany (1.0 kg)
- United Arab Emirates (1.0 kg)
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